Blockchain Gaming Tokens Thrive: AXS, RON, and ILV Soar

Axie Infinity (AXS) - A Gaming Marvel

Axie Infinity (AXS) displayed remarkable resilience, surging by 12% in the last seven days, reaching $6.88. This momentum propelled AXS to a six-month high of $7.55 over the weekend, marking a 35% increase in the past month. Despite Axie's game token, Smooth Love Potion (SLP), experiencing a 9% dip this week, it remains up by 17% compared to the last 30 days.

Developer Sky Mavis fueled Axie's success with strategic moves, such as reintroducing the original Axie battling experience ("Axie Classic") and launching official Axie merchandise. Owners of rare Axie NFTs gained commercialization rights, allowing them to transform their creatures into tangible projects.

Axie's resurgence is also attributed to the growing popularity of Ronin, its Ethereum sidechain network tailored for blockchain gaming. The recent launch of the Pixels game contributed to a surge in Ronin adoption, propelling the RON token by 27% in the past week, now priced at $1.06—an impressive doubling in value over the last 30 days.

ApeCoin (APE) - Scaling New Heights

ApeCoin (APE) experienced a 7% surge in the past week, currently valued at $1.63 per token. Notably, over the weekend, APE reached $1.77, marking its highest price in over three months. APE is intricately tied to the Bored Ape Yacht Club NFT ecosystem and holds a pivotal role in the upcoming Otherside metaverse game.

Other Notable Performances

• Stepn (GMT): Surged by 11% this week, reaching nearly $0.29.
• Illuvium (ILV): Continued its upward trajectory with a 9% uptick, now priced at approximately $114.
• Treasure (MAGIC): Jumped by almost 24% to $0.83 following the announcement of plans to launch its own chain.

In the dynamic realm of blockchain gaming tokens, these performances underscore the sector's robust growth and the significance of strategic developments within each project.