Axie Infinity new update progress: Introducing mobile game version, gradually implementing SLP rewards

The well-known Play-to-Earn (P2E) game Axie Infinity announced the progress of its major update project, Origin, on the 18th.

AXS and SLP in Slump, Sidechain Native Token RON Yet to Shine

Axie Infinity continues to release multiple economic adjustment policies in response to the circulation of governance token AXS and reward token SLP; the price of AXS has not shown improvement, dropping from over $150 in November 2021 to below $50 currently, returning to levels seen in July and August; SLP price has also plummeted significantly. The sidechain Ronin launched by Axie Infinity provides gamers with a fast and inexpensive financial network, but after the official introduction of the native token RON as network fees, it still lacks a single-game external use case; the price has slid from the initial $3.5 to below $2.