Axie Infinity Reclaims Trending Status Amid 9.5% Price Surge
Axie Infinity has regained its trending status after a 9.5% price surge in 24 hours, with $136.4 million in trading volume and a market cap of $261 million.
The token traded near $1.54 during the early morning window and gained 12.9% against Bitcoin (BTC) and 14.7% against Ethereum (ETH).
Axie Infinity's market capitalization has significantly decreased from its peak rankings above 20 in 2021, when it was a global phenomenon with approximately 2.8 million monthly active users.