Trading volumes of non-fungible Axie Infinity tokens increased by 74% over the month, and sales increased by 6%.
AxiInfinity was the golden goose in the blockchain gaming space during the bull market in 2021 before the bear market in 2022 led to diminished user activity for the platform.
Amid renewed interest in non-fungible tokens and blockchain gaming, AxiInfinity, a former pioneer of the sector, has seen healthy growth in the past month, according to data from DubRadar.
In a tweet dated January 17, decentralized application monitoring platform DubRadar noted that NFT activity in AxiInfinity is trending steadily upwards, with the for-profit game trading volume up 74% to $2.79 million. Sales increased by 6% to 165,000.
Moreover, DabRadar data showed that the number of daily active unique wallets on AxiInfinity increased by 59% as of January 13th. Meanwhile, the game's sales volume has steadily increased, reaching $2.04 million. Daily transactions on the platform have also increased by 105% since the beginning of 2023.
Data from Token Terminal revealed that with AxiInfinity's recent growth in sales and transaction volume, daily gaming revenue increased by 77%. It is worth noting that the platform also witnessed an increase of 36% in December 2022.
DubRadar attributed these positive numbers to the release of the first game on Earth, as well as coin burns and new earning mechanisms for Season 2 of Origins.
Since the Builders fund was launched by AXI Infinity developer SkyMavis last year, many games using non-fungible AX tokens, SLP and AXS have been released.
