Axie Infinity news

Axie Infinity’s Ronin network, which launched as a separate blockchain in 2021 to provide faster, cheaper transactions for its NFT game, announced a plan to return to Ethereum as a layer‑2 solution. The migration, slated to complete by Q2 2026, will unfold in two phases, converting the former layer‑1 chain into a general‑purpose L2 that can support non‑gaming applications. Ronin’s team cited improved speed and cost efficiency on the upgraded Ethereum network, along with growing institutional ties, as key drivers for the shift. The move comes amid a broader trend of Ethereum attracting Wall Street capital, with new treasury companies and equity‑wrapped Ether funds bolstering its appeal to traditional investors. By rejoining Ethereum, Ronin aims to tap this institutional momentum while expanding beyond its gaming roots.

Sky Mavis says the Sui‑powered game Seed Go infringes its Axie Infinity intellectual property, with co‑founder Alexander Larsen publicly calling out the project on Twitter and tagging Mysten Labs and Sui officials. The company has notified the Sui team and is seeking an out‑of‑court resolution, according to a Sky Mavis spokesperson. Seed Go, part of the Seed Combinator platform, uses pastel blob‑like NFTs and a token economy that echoes Axie Infinity’s SLP and AXS, and the game operates as a Telegram mini‑app. Although the Sui Foundation confirmed a small investment, it distanced itself from the game and said it does not support Seed. Axie Infinity remains a major force in crypto gaming, having earned more than $1.3 billion in revenue since its 2018 launch.

Token unlocks are set to occur this week, affecting liquidity, volatility, and sentiment across three major projects: Axie Infinity (AXS), Jito Labs (JTO), and Xave (XAV). Axie Infinity will unlock 10.72 million AXS (about 3.97 % of its 270 million supply) on April 12, a tranche valued near $29 million that will be allocated to staking rewards and the team. Jito Labs will release 11.31 million JTO (1.13 % of its 1 billion supply) on April 7, valued at roughly $20 million, with most tokens earmarked for ecosystem growth, core contributors, and a 10 % airdrop. Xave will unlock 313.29 million XAV (3.13 % of its 10 billion supply) on April 11, primarily distributed to the team, investors, and treasury to support its decentralized FX platform. Additionally, investors may watch for other unlocks such as Delysium (AGI), Parcl (PRCL), and Circular Protocol (CIRX).

The Axie Infinity team announced Atia’s Legacy, a new MMO on Ronin that expands the Axie universe with quests, treasure hunts, and Pokémon‑style combat. Players can swap Axies, level them together, and use gear ranging from common to legendary, while the game retains its pastel aesthetic and animal‑crossing‑style dialogue. Play‑tests will begin this year for selected users, though a launch date remains unconfirmed. Pre‑registration rewards offer up to 25,000 AXS tokens—worth roughly $88,000—shared among the top 200 referrers, plus a Mystic Axie NFT. Community activity has rebounded, with over 4.5 million monthly transactions from about 200,000 unique active wallets versus 15,000 in March, indicating growing interest in the franchise.

Bitcoin and other cryptos slipped over the weekend amid renewed concerns over Trump‑promised tariffs, but began to recover early Tuesday after tariff delays on Mexico and Canada were announced. Gaming tokens suffered the biggest losses, with Immutable’s IMX falling 14% from Sunday to Monday and still about 26% lower after a week. Other play‑to‑earn tokens such as SAND, GALA, AXS, MANA and PRIME dropped 21%‑30%, while Notcoin fell 35% and PIXEL fell 32%. Only a few assets posted gains, with Sui down less than 2%, Sweat Economy up 8%, and smaller caps like GoMining and Xterio moving higher. Deadrop, the shooter studio, shut down after layoffs tied to a co‑founder’s misconduct and a Twitch ban. The company cited an inability to recover from the scandal and urged its 55‑plus staff to seek new opportunities, while its social media presence was removed.