Title: Axie Infinity's NFT Sales Surge by 205%, Legendary Comeback

Axie Infinity's NFT sales have experienced a remarkable surge, highlighting its legendary comeback in the gaming metaverse. The renewed interest in Axie Infinity follows the introduction of the NFT land staking feature and continuous upgrades to the game's battle system.

The Play-to-Earn (P2E) metaverse game Axie Infinity appears to be undergoing significant upgrades and repairs, resulting in a 205% increase in NFT marketplace transactions over the past 7 days.

Jeff Zirlin, co-founder of the project, recently tweeted on July 7, announcing ongoing developments related to the robust implementation of NFT land staking and the Ronin bridge protocol, which has seen notable increases in game downloads and revenue from NFT sales.

According to CryptoSlam data, Axie Infinity generated $1.3 million in sales over the past 7 days, with a total of 23,100 buyers, marking a 205% growth in the week.

One of the contributing factors to this growth is the introduction of the staking feature on July 4th.

The staking feature allows NFT Land owners to stake their assets and receive weekly rewards in AXS tokens (the in-game currency). As of the July 11 update, approximately 91% (15,302) out of 16,794 circulating NFT Land supplies have been staked, according to data from the Ronin Chain explorer.

Axie Infinity has launched the second phase to upgrade new gameplay modes this month called Origin and has garnered 600,000 registrations as of mid-June.

The game is currently in early access mode prior to its global launch, allowing players to collect, trade, and battle with NFTs. The updates are believed to have addressed a series of game issues.

The increasing volume of NFT sales may be attributed to the Ronin network's resurgence on June 28, a sidechain built for Axie Infinity that allows users to transfer assets from the game to the Ethereum mainnet. However, it had been offline since late March following a notorious $600 million hack.

Despite these challenges, the 205% transaction volume increase over the past week places Axie Infinity as the 18th highest-selling NFT project during that period, a far cry from its top-ranking days at the end of 2021.

Axie Infinity's ecosystem had been experiencing a prolonged downturn since reaching its peak around November 2021.

During that month, the project saw massive NFT sales totaling $753.9 million, while the AXS token reached its all-time high (ATH) of $164.90. As of June, monthly NFT revenue for the project amounted to only $3.1 million, with the AXS token down 91.4% from its ATH at $14.18 (updated on July 11, 2022).

With player retention rates and game longevity seen as critical issues for the project, the Axie Infinity team has been exploring ways to expand its ecosystem by the end of this year.

In a blog post, the development team of Axie Infinity outlined their vision to create a "game universe" with themes similar to Star Wars, Final Fantasy, or Lord of the Rings.

As part of their push, the team will roll out content focused on building the narrative behind the game's fictional world and collaborate with the decentralized autonomous organization (DAO) Strider.

The team also announced they recently launched three new programs to promote community development: "Lunacian Codes," "User-Centric Innovation Program," and "Collaboration for Success," followed by sponsoring 200 scholarships as part of a creative academy gift.

In summary, Gamefinity has compiled the latest news on the Axie Infinity game, and our team will continue to update on other project developments to ensure you don't miss any important information.