Axie Infinity Surpasses $4 Billion Mark In All-Time NFT Sales

Axie Infinity, the blockchain-based online video game, has surpassed $4 billion in all-time non-fungible token (NFT) sales, making it the third-largest NFT platform in terms of all-time sales.

During the past 12 months, Axie Infinity has been very popular as the P2E pet training world has seen significant demand. The game’s native digital currency axie infinity (AXS) had an incredible year against the USD, although now being down along the rest of the crypto market.

According to Dune Analytics data there are 53,546 AXS token holders today and out of 166,870 Axies there are 45,276 Axie owners.

According to DappRadar’s NFT metrics, Axie Infinity has captured $4.14 billion in all-time NFT sales. Today, the average Axie Infinity sale price is $198.77 and the project has seen 1,905,222 traders, according to the data.

Axie Infinity is the third-largest NFT project in terms of all-time sales, after Opensea with $21.85 billion and Looksrare with $16.85 billion in total sales.

In the past 7 days Axie NFT sales are down 40%

Despite being an Ethereum-based project, Axie Inifinity leverages the Ronin network so the network can scale without high fees and congestion issues.

According to DappRadar data, the Ronin-based decentralized exchange (dex) Katana is the fourth largest decentralized finance (defi) exchange in terms of volume – $30.8 million in 24-hour trade volume and has a balance of $475 million.

Despite just crossing the $4 billion mark, Axie Infinity sales are down 40.58% during the last seven days. Axie Infinity has processed $19,815,670 in sales via the Ronin blockchain. Axie NFTs last week saw 91,940 buyers across 267,906 transactions.

In the past 24 hours, Axie has seen $2.2 million in NFT sales from 17,731 buyers. While Axie is the third-largest in all-time sales, it’s the fourth in 24-hour terms and the fifth over the last seven days. Over the last month, Axie placed eighth out of the top ten projects in terms of 30-day NFT sales.