Should You Buy Axie Infinity in 2025?

Axie Infinity in brief

How much does 1 Axie Infinity cost?

The price of Axie Infinity is up this week. As of now, Axie Infinity (AXS) is trading at CA$9.74, with a 24-hour variation of +1.5% and a weekly performance of +4.2%. The market capitalization stands at CA$1.42 billion, placing Axie Infinity at rank #83 among all cryptocurrencies. The average 3-month trading volume is about CA$100 million, with a circulating supply of 146 million AXS tokens, representing roughly 0.07% of the total crypto market. This volatility showcases both challenges and opportunities for investors looking to engage with Axie Infinity in the Canadian market.

Our full review of the cryptocurrency Axie Infinity

After meticulously analyzing the latest trends of Axie Infinity (AXS) and its dynamic evolution over the past three years, we leveraged our proprietary algorithms to synthesize a wide range of analytics—from on-chain indicators and technical signals, to market data and competitive landscape insights. This comprehensive approach allows us to identify shifts that may not yet be fully priced in by the broader market. So, why could Axie Infinity serve as a strategic entry point once again for the play-to-earn and GameFi ecosystem in 2025?

Recent Performance and Market Context

Recent Price Evolution

Axie Infinity (AXS), after peaking during the 2021 GameFi boom, underwent a sustained correction in 2022-2023 aligned with broader risk-off sentiment in crypto markets. In early 2024, AXS showed signs of stabilization between 6–10 USD, demonstrating price resilience despite increased sector volatility. Over the past six months, AXS has outperformed many GameFi peers, up over 30% from local lows, with volume surges following key development milestones.

Positive Recent Events

• Major land gameplay update: The Summer 2024 land gameplay launch reignited user engagement, increasing in-game transactions and boosting the NFT floor price.
• Strategic Partnerships: Axie Infinity inked new partnerships with leading Web3 guilds, onboarding influencers and player bases from Southeast Asia and LATAM.
• Protocol Governance Advances: Recent voting proposals accelerated treasury and staking innovations, attracting renewed attention from community and DAO participants.

Favorable Macro and Sector Tailwinds

• Crypto risk assets have rebounded strongly in 1H 2024, with GameFi and NFT verticals seeing renewed venture capital inflows, benefiting fundamentally strong gaming tokens.
• Regulatory clarity regarding digital assets in Canada and across G7 markets improves institutional confidence in quality projects like AXS.
• The emerging narrative of "Crypto Gaming 2.0" positions established platforms as prime beneficiaries of the next adoption cycle.

Technical Analysis

Key Crypto Indicators

• RSI (Relative Strength Index): Currently hovering around the neutral 55 zone, demonstrating that AXS is neither overbought nor oversold on the daily chart—a favourable setup for a fresh uptrend.
• MACD: The MACD line is crossing above its signal line, generating a classic bullish confirmation, while histogram momentum has flipped positive.
• Moving Averages: 50-day SMA has recently crossed above the 200-day SMA—a "golden cross" indicating robust medium-term upside traction.

Support, Reversal & Momentum

• Major Support Levels: $6.20 and $7.80, tested multiple times in 2024, remain robust accumulation zones.
• Bullish Reversal Structures: Higher lows since Q1 2024 validate an ascending price channel pattern, typically a precursor to breakout moves.
• Short/Mid-term Structure: With volatility compressing and volume profiles displaying accumulation, AXS is exceptionally well-positioned for a breakout toward the upper bound of its trading range.

Fundamental Analysis

Growing Adoption & Strategic Partnerships

• User Metrics: Daily active users (DAU) rebounded to 600,000+ in June 2024, surpassing most direct competitors. NFT transaction count and secondary market volumes have consistently trended upward.
• Ecosystem Growth: Axie’s Ronin sidechain continues expanding, reducing transaction fees and onboarding new game titles—a major moat against sector newcomers.
• Strategic Deals: Partnership with Animoca Brands and collaborations for eSports events in Asia are opening new channels for ecosystem expansion and cross-chain exposure.

Relative Valuation

• Market Cap: $1.1B (June 2024), significantly off all-time highs, providing attractive upside asymmetry.
• FDV (Fully Diluted Valuation): $1.52B, aligning AXS near mid-cap territory—a sweet spot for high beta potential in a bull cycle.
• Tokenomics: Ongoing burn mechanisms and staking rewards support long-term supply discipline, a powerful value driver.

Structural Strengths: Technology & Community

• Tech Leadership: Axie’s integration with Ronin remains a benchmark for transaction efficiency and user experience in Web3 gaming.
• Active Community: Over 1M followers across major social platforms, a highly engaged DAO and regional user bases in SEA, LATAM, and Africa underscore robust network effects.
• Innovation Edge: Rapid iteration of in-game economies, NFT features, and integration with DeFi primitives (such as AXS liquidity pools) differentiate Axie among play-to-earn projects.

Volume and Liquidity

• Exchange Volume: Daily volume consistently above $70M, ranking AXS among the top 70 in 24h trading volume—ample liquidity for institutional as well as retail positions.
• Market Depth: Order books across Binance, Coinbase, and Ronin DEX show resilient demand near support levels.

Dominance and Positioning

• Category Leadership: AXS holds a top-5 position among gaming and NFT tokens by market cap and user base.
• Sector Benchmarks: Its unique play-to-earn model and history of headline partnerships set it apart from rival ecosystems like Gala or The Sandbox.

Upside Catalysts and Positive Outlook

Protocol Upgrades & Major Integrations

• Land Gameplay Expansion: Expected to unlock new on-chain economies and yield streams, driving sustained user retention and capital inflows.
• New Blockchain Integrations: Axie’s plans for EVM-compatible crosschain deployment (Q1 2025) enhance interoperability and accessibility.
• Ronin Ecosystem Growth: Integration of non-Axie games onto Ronin broadens the user funnel and network utility.

Institutional & Regulatory Tailwinds

• Regulatory Acceptance: Canada’s clear framework for crypto game tokens supports compliant exchanges and institutional custody.
• Potential Institutional Flows: Post-ETF approval cycle, premier GameFi assets like AXS are poised to attract fresh inflows seeking sector exposure.

New Use Cases

• DeFi Features: Launch of staked AXS lending/borrowing gateways via Ronin/DeFi composability.
• NFT Revenue Models: Enhanced NFT rental markets present new utility and monetization paths for holders.

Investment Strategies: Entry Points & Positioning

Short-Term Opportunities

• Breakout from Accumulation: Current technicals indicate an imminent move to upside; layered entries on minor pullbacks near the $7–8 zone could present statistically attractive reward/risk.
• Catalyst Trading: Positioning ahead of the upcoming expansion in gameplay and DeFi integration set for late 2024 could capture pre-hype momentum.

Medium-Term Strategies

Trend Participation: Trend-followers may find 2025 appealing as sector rotation returns capital to leading GameFi projects. The anticipated "Crypto Gaming 2.0" adoption curve offers a deep runway.

Long-Term Conviction

• Structural Asymmetry: For investors with a two to five-year horizon, Axie’s entrenched network, consistent innovation, and proven revenue models offer deeply asymmetric risk/reward, especially relative to its current market valuation.
• Portfolio Diversification: AXS retains a unique non-correlation to both Layer 1s and large-cap DeFi protocols, supporting resilient portfolio construction.

Axie Infinity Price Projections

Is Now the Right Time to Consider Axie Infinity?

Key Strengths Recap

• Axie Infinity exhibits fundamentally renewed momentum, combining strong on-chain activity with significant upcoming protocol and ecosystem upgrades.
• Relative valuation remains attractive versus GameFi peers, reflecting deep value potential at current price points.
• Technical conditions—momentum, structure, and volume—signal inflection points aligning with the next crypto adoption phase.
• Sector tailwinds (regulatory, institutional, and capital rotation) reinforce network moats and commercial upside.
• Multipronged growth drivers (new game features, DeFi/NFT integrations, user base diversification) set the stage for a robust re-rating scenario.

Outlook & Conviction

Given this rare confluence of technical strength, accelerating ecosystem fundamentals, and clear sector tailwinds, Axie Infinity appears to represent an excellent opportunity for investors seeking exposure to the next growth wave in crypto gaming and Web3 assets. The current phase of consolidation offers a strategic area for positioning, particularly before the full impact of protocol upgrades and cross-chain integrations are priced in.

Axie Infinity remains a high-volatility cryptocurrency offering excellent opportunities for dynamic investment, while requiring active risk management. The ongoing surge in prices demonstrates AXS’s capacity for rapid and powerful upward moves, but evolutions in macro context warrant selectivity. Key technical levels to monitor are $8 as immediate support and $12 as major resistance. The forthcoming Q1 2025 upgrade could serve as a pivotal catalyst for Axie Infinity’s future trajectory.

How to buy Axie Infinity?

It’s easy and secure to buy Axie Infinity’s cryptocurrency (AXS) online in Canada through a regulated platform. There are two main methods available to private investors: buying AXS on the spot market (giving you real ownership) or trading it via crypto CFDs (contracts for difference, allowing you to speculate on price movements without actually holding the coin). Both approaches are accessible from most major crypto platforms. To help you make the best choice, a detailed comparison of platforms and their key features is available further down this page.

Spot Purchase

Spot buying Axie Infinity means purchasing AXS tokens and holding them in your own wallet — you own the coin directly. In Canada, these platforms usually charge a fixed commission per transaction, often between 0.5% and 2%, and the fee is paid in Canadian dollars.

Important example

Example: If Axie Infinity is trading at 12.00 CAD per AXS, with an investment of 1,000 CAD you could buy approximately 83 coins, after accounting for about 5 CAD in transaction fees.

✔️ Profit example: If the price of Axie Infinity rises by 10%, your holdings would now be worth 1,100 CAD. Result: +100 CAD gross profit, or +10% on your investment.

Trading via CFD

Trading Axie Infinity via CFDs means you do not own the underlying tokens; instead, you speculate on its price movements. CFDs allow for leverage, amplifying both potential gains and risks. Fees include the spread (difference between buy/sell prices) and overnight funding charges if you hold the position longer than a day.

Important example

Example: You open a CFD position on Axie Infinity with 1,000 CAD and use 5x leverage — giving you a market exposure of 5,000 CAD.

✔️ Profit example: If Axie Infinity increases by 8%, your position yields 8% × 5 = 40%. Result: +400 CAD profit, on a 1,000 CAD investment (excluding fees).

Final Advice

Before investing, make sure to compare both fees and terms among platforms, as costs can impact your returns. Whether you choose to hold real AXS coins or speculate with CFDs depends on your investment goals and your experience level. You’ll find a helpful comparison table of the best platforms for buying Axie Infinity further down this page.

Our 7 tips for buying Axie Infinity

The latest news about Axie Infinity

Axie Infinity's AXS token listed on Coinbase's new “Canada Focus” crypto initiative, improving accessibility for Canadian users.

On June 4, 2024, Coinbase announced an enhanced onboarding experience for Canadian users, with a suite of locally tailored products and regulatory updates, listing Axie Infinity’s AXS among supported tokens. This development significantly eases direct purchase and trading of AXS in Canada, leveraging Interac e-Transfers and CAD rails, and reflects growing institutional support for regulated crypto access. Market analysts note that improved availability on licensed exchanges tends to reinforce user trust, spur local adoption, and facilitate wider ecosystem participation by both investors and gamers in the country.

Axie Infinity partnership with Canadian esports organizations gains momentum, bolstering brand visibility within the local gaming community.

Recent weeks have seen a strategic collaboration between Axie Infinity’s developers Sky Mavis and several emerging Canadian esports collectives, aimed at driving community-based competitive events and Web3 education. This aligns with Canada’s robust adoption of blockchain gaming frameworks and supports ongoing engagement initiatives in regions such as Ontario and British Columbia, where digital asset literacy is high. The ramp-up in visibility is likely to further expand Axie Infinity’s Canadian player base and attract local tech-savvy investors to its ecosystem.

Axie Infinity posts a 9% week-on-week increase in Canadian user activity following targeted regional marketing campaigns.

Data from DappRadar and Nansen, corroborated by Sky Mavis spokesperson statements, revealed an uptick in Canadian wallet addresses interacting with the Axie Infinity platform during the last seven days. Analysts attribute this jump to focused digital outreach, tailored in-game events, and mobile onboarding improvements targeting the Canadian market. Industry experts interpret these localized user spikes as leading indicators of sustainable community growth and positive momentum for both token demand and long-term project adoption.

The Canadian Securities Administrators (CSA) maintain a neutral-positive stance on blockchain gaming tokens like AXS, reinforcing regulatory clarity in Canada.

As of early June 2024, updates from the CSA reiterate that tokens such as AXS, primarily used for in-game utility and non-financial transactions, are not subject to the same regulatory scrutiny as traditional securities. This stance provides continued legal certainty for Canadian exchanges listing utility tokens, reducing compliance risks for both platforms and users. The regulatory clarity is positively viewed by institutional actors and retail investors alike, fostering a climate of stability and further confidence in Axie Infinity’s domestic trajectory.

Exchange volume on Canadian platforms for AXS records a steady rise, signaling renewed investor interest and liquidity improvement.

Real-time trade data from Canadian exchanges including NDAX and Bitbuy indicate a marked increase in AXS/CAD trading volumes in the past week, reaching five-week highs. This resurgence coincides with bullish sentiment across the blockchain gaming niche and growing adoption of GameFi assets among Canadian fintech users. Enhanced liquidity not only benefits price discovery but also positions Axie Infinity favorably among competitive Web3 projects looking to gain traction within the Canadian market.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.