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. Currently trading at ZAR 118.84, AXS has risen by 2.9% in the past 24 hours and 5.7% over the last week. Its market capitalization stands at about ZAR 16.2 billion, ranking it 75th among all cryptocurrencies. With an average trading volume of ZAR 812 million over the past three months and a circulating supply of 137.4 million AXS, Axie Infinity holds a market dominance of 0.09%. Given its active market performance, AXS remains a volatile asset, offering both risk and opportunity for South African investors.

Our comprehensive review of the cryptocurrency Axie Infinity

Have Axie Infinity (AXS) fundamentals really reached a turning point, or is the market still overlooking a high-potential ecosystem ready for resurgence? Our team has thoroughly analyzed the latest Axie Infinity trends, leveraging three years of historical evolution through multi-source data—on-chain indicators, technical signals, market metrics, and competitive benchmarks—processed via our proprietary algorithms. So, why could Axie Infinity emerge once again in 2025 as a strategic entry point for the blockchain gaming and NFT-enabled Web3 ecosystem?

Recent Performance and Market Context

Recent Price Evolution

Axie Infinity (AXS) has experienced a dynamic trajectory over the past three years. After the explosive bull run of 2021, which propelled AXS from under $1 to an all-time high surpassing $160, the ecosystem faced pronounced volatility, mirroring the macro retracement in the digital asset market of 2022. The past twelve months, however, have seen AXS price stabilize within a robust consolidation range, currently trading near ZAR 116 (approx. $6.20), with a market capitalization around $900M as of June 2024.

Positive Recent Events

• The introduction of new “Origins” game modes and tokenomic improvements driving player engagement and retention.
• Launch of Axie Core upgrades, which enable deeper NFT customization and in-game economic dynamics.
• Notable onboarding of gaming studios as partners to expand beyond Axie into a broader Ronin (RON) blockchain-powered gaming universe.
• Steady expansion of daily active users, which, despite a cooldown from peak, safeguards Axie’s status as a leader in blockchain gaming.

Macro and Sectoral Tailwinds

The 2023–2024 cycle marked a maturation of GameFi and NFT infrastructure. Enhanced regulatory clarity in regions such as the UAE and Hong Kong, alongside surging institutional interest for digital property rights (NFTs, in-game assets) across emerging economies, creates a favorable backdrop. Axie’s proactive compliance stance and robust treasury position further de-risk its outlook amid sectoral shifts.

Technical Analysis

Crypto Indicators: RSI, MACD, Moving Averages

• RSI: The 14-day Relative Strength Index for AXS currently oscillates around 48–52, indicating a balanced, neutral-to-bullish setup, with heavy accumulation zones aligning near the current price.
• MACD: A fresh MACD bullish crossover emerged in late May 2024, often historically preceding breakout phases for AXS.
• Moving Averages: The 50-day Exponential Moving Average (EMA) has recently converged with the 200-day EMA, suggesting the end of a long-term downtrend and laying the ground for a possible “golden cross” scenario.

Support Levels and Bullish Turnaround Signals

• Key support: ZAR 105 ($5.60) has been a long-standing accumulation level, with visible bids and whale activity confirming buyers’ conviction.
• Resistance: ZAR 132 ($7.10) constitutes an immediate resistance and breakout threshold.
• The formation of higher lows since Q1 2024 and decreasing overall volatility strengthen the probability for an imminent uptrend.

Momentum and Short/Medium-Term Structure

Volume upticks in late Q2, combined with positive order book imbalances, indicate a return of liquidity and speculative interest. As BTC and ETH maintain macro support, high-beta GameFi tokens like AXS tend to outperform in recovery cycles due to their lower relative valuation and high elasticity.

Fundamental Analysis

Adoption, Strategic Partnerships, Ecosystem Development

• Adoption metrics: Axie boasts over 11 million total wallet downloads and some 350,000 monthly active Axie NFT holders. Recent months show a slow but steady pickup after the sector’s broader shakeout.
• Strategic partnerships: Deals with high-profile gaming studios and sidechain projects, alongside integrations with payment rails and NFT marketplaces, amplify Axie’s network value.
• Ecosystem growth: Axie’s expansion into a wider “Roninverse” via the Ronin blockchain diversifies use cases beyond gaming, catalysing DeFi integrations (DEXs, staking, and asset lending).

Attractive Relative Valuation

• Market Cap: ~$900M (June 2024), positioning AXS among the top 75 crypto assets by cap—an appealing entry for funds seeking outperformance versus majors.
• FDV (Fully Diluted Valuation): At $1.6B, its FDV-to-active user ratio remains below sector averages for leading GameFi tokens.
• TVL: Ronin’s TVL recently exceeded $245M, reflecting growing on-chain capital and real utility.

Structural Strengths: Technology, Community, Differentiation

• Tech: Custom-built Ronin chain offers fast, cheap transactions, giving Axie a critical edge versus Ethereum-based rivals weighed by gas fees.
• Community: With one of the most active DAOs and global gaming communities (notably in Southeast Asia, LatAm, and Africa), Axie sustains deep organic engagement and grassroots momentum.
• Differentiation: Axie’s “play-and-own” model, robust NFT marketplace, and interoperable asset framework position it uniquely as a pioneer in on-chain gaming economies.

Volume and Liquidity

• Exchange volume: Aggregate 24h spot and derivatives volume routinely exceeds $60M. Several exchanges report increasing open interest on perpetual contracts—a sign of institutional engagement.
• Market traction: ZAR and USD trading pairs consistently show tight spreads and healthy liquidity, empowering efficient entry and exit for both retail and fund-level investors.
• Dominance: While GameFi overall remains a niche, Axie still secures among the highest weekly transaction volumes for NFT-based networks.

Bullish Catalysts and Positive Outlook Drivers

• Protocol upgrades: The 2025 planned migration to Ronin v3 (enabling EVM interoperability, higher throughput, and new tokenomics) stands as a major inflection point.
• Ecosystem integrations: Expansion into DeFi primitives (yield farming, NFT-collateralized lending) and support for third-party games on Ronin offer expanding TAM.
• Regulatory clarity: Growing number of compliant on/off-ramps and increased institutional dialogue in major markets (notably South Africa and Nigeria).
• New use cases: The rise of NFT composability (e.g., land, battle passes) and integrations with major wallet providers open new frontiers for onboarding and monetisation.

Investment Strategies According to Horizon

Short-Term (1–3 Months)

• Technical re-entry points for aggressive, risk-tolerant traders around ZAR 110–120 ($5.80–6.30), should the price retest established support levels.
• Short-term upside could be unlocked by positive Ronin v3 testnet milestones or ecosystem reward programs.
• Ideal positioning: Entries on technical pullbacks, with tactical profit-taking near ZAR 132–140 ($7.10–7.60).

Medium-Term (3–12 Months)

• As protocol upgrades materialize and user growth resumes, AXS could evolve as a core alpha asset for capturing the next GameFi leg up.
• Narrative-driven demand likely to surge as new games and economic models within Ronin attract external user bases.
• Exposure can be scaled via periodic averaging on dips, with medium-term targets in the 2022–2023 price cluster regions.

Long-Term (12–60 Months)

• Growth compounding from Ronin ecosystem expansion, scaling of NFT/DeFi synergies, and broad Web3 gaming adoption suggest attractive multi-year risk/reward.
• Core holding thesis for investors betting on digital property rights, NFT-enabled economies, and Asia/Africa-centric gaming innovation.
• Positioning amid ecosystem inflections (e.g., protocol launches, major onboarding events) optimizes for asymmetric upside, with potential exponential value unlocks as new cohorts enter the Axie universe.

Axie Infinity Price Predictions

Is It the Right Time to Buy Axie Infinity?

In summary, Axie Infinity’s:

• Technological backbone (Ronin L2, EVM compatibility incoming)
• Expanding ecosystem (GameFi, DeFi, NFTs, cross-brand partnerships)
• Deep community-driven flywheel and high on-chain liquidity
• Favorable technical setup and undervalued market positioning

...strongly position AXS as one of the most compelling blockchain gaming assets on the mid-2024 landscape. The confluence of protocol upgrades, growing adoption, innovative monetization paths, and increased mainstream interest justifies renewed attention from both crypto-native and institutional profiles. Projection models indicate the potential for a significant value unlock should macro sentiment remain constructive and Axie’s product roadmap deliver as planned.

Axie Infinity remains a highly volatile asset offering excellent dynamic investment opportunities, yet it demands rigorous risk management. The recent price acceleration demonstrates Axie Infinity’s capacity to generate swift, powerful moves; however, ongoing macro developments call for selectivity and strategic timing. Current technical key levels to monitor stand at ZAR 105 as immediate support and ZAR 132 as primary resistance. The upcoming Ronin protocol update, anticipated in Q2 2025, could well be a decisive catalyst for Axie Infinity’s next evolution.

For investors attentive to the convergence of gaming, NFTs, and blockchain, Axie Infinity seems to represent an excellent opportunity where the fundamentals and upcoming catalysts justify renewed and focused attention.

How to buy Axie Infinity?

It’s easy and secure to buy the Axie Infinity cryptocurrency online through a regulated platform. You have two main ways to get exposure to Axie Infinity: buying it directly (spot purchase), which means you actually own the coin, or trading via crypto CFDs (Contracts for Difference), where you speculate on price movements without owning the actual asset. Each method has its own benefits, risks, and fee structures. For a side-by-side comparison of the main platforms available in South Africa, see the detailed table further down the page.

Spot Purchase

Buying Axie Infinity “on the spot” means purchasing real coins that you can hold in your personal crypto wallet, giving you full ownership. Platforms typically charge a flat commission per transaction, generally ranging from 0.5% to 1.5% per trade, paid in South African Rand (ZAR).

Example

Example: Suppose the current price of Axie Infinity is R120 per coin. With a budget of R20,000, you can buy approximately 166 AXS coins. Factoring in a typical transaction fee of R200, your net purchase is around 165 coins.

Gain scenario

✔️ Gain scenario: If the price of Axie Infinity rises by 10%, your portfolio value increases to R22,000. That’s a gross gain of R2,000, or +10% on your original investment.

Trading via CFD

Trading Axie Infinity via CFDs means you don’t actually own the coins; instead, you’re speculating on the price movement through a broker. CFD trading involves paying a spread (the difference between buy and sell prices) and, if you hold your position overnight, a small daily financing fee.

Example

Example: With a deposit of R20,000 and a leverage of 5x, you gain an exposure equivalent to R100,000 on the Axie Infinity market.

Gain scenario

✔️ Gain scenario: If Axie Infinity’s price climbs by 8%, your position grows by 8% × 5 = 40%. That nets you a gain of R8,000 on a R20,000 margin (excluding fees).

Final Advice

Before investing, it’s essential to compare the fees and trading conditions of different platforms, as they can significantly impact your returns. Ultimately, the best method depends on your goals and level of investment experience. For a detailed comparison of trusted platforms available in South Africa, refer to the comparison tool lower on this page.

Our 7 tips for buying Axie Infinity

The latest news about Axie Infinity

Axie Infinity has seen a notable uptick in daily active users and transactions across Africa, with South African player metrics showing a steady month-on-month increase since late May 2024. According to recent data released by DappRadar and corroborated by local exchange Luno, the South African gaming and crypto communities have contributed significantly to this growth, evidencing a renewed local interest in play-to-earn mechanics and NFT integration. Community reports detail a 17% rise in new wallet activations linked to Axie Infinity within South Africa, illustrating the platform’s deepening traction within the regional crypto ecosystem.

South African regulators have publicly maintained a neutral-to-positive stance towards NFT gaming, including Axie Infinity, facilitating legal onramps for local users. On June 4, the Financial Sector Conduct Authority (FSCA) reaffirmed its commitment to accommodating innovative crypto assets, provided they comply with basic anti-money laundering (AML) and consumer protection standards. This environment has enabled platforms like VALR and Luno to expand Axie (AXS/SLP) pairs, directly addressing local investor demand while ensuring KYC/AML compliance.

Axie Infinity's partnership with local blockchain education initiatives has been amplified, directly targeting youth and underbanked segments in urban centres such as Johannesburg and Cape Town. Official statements from Axie’s South African community managers and local non-profit Blockchain ZA confirm recent workshops and educational content launches, aiming to boost user onboarding and blockchain literacy. These efforts, which have attracted the support of university blockchain clubs, are credited with broadening the Axie player base and incubating new local guilds in the context of socio-economic empowerment.

South African fintechs and startups are increasingly adopting Axie-related payment infrastructure, reflecting growing confidence in in-game token utility (AXS and SLP) for broader financial ecosystems. This week, two Johannesburg-based fintech startups announced pilots to accept SLP tokens for microfees and remittance testing within their mobile platforms, with one citing successful preliminary volumes. Local analysts view these pilots as a positive step towards mainstreaming digital assets and integrating play-to-earn tokens beyond gaming contexts.

Market sentiment towards Axie Infinity in South Africa turned bullish after the project’s latest roadmap update and increased liquidity on local exchanges post-listing expansion. In the past four days, Google Trends and X (Twitter) analytics report a surge in Axie-related searches and discussions among South African crypto investors, largely following the announcement of new in-game features and confirmed listings on additional trading pairs by VALR. This has been reflected in modest but consistent price gains for AXS and a marked improvement in local liquidity, enhancing both trading confidence and accessibility for ZA users.

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.