$AXS tripling is funny because it’s the one meta everyone thought was dead for good. what changed? – SLP emissions fully halted – bAXS replacing farm-and-dump rewards (non-transferable, rep-gated, kills bot extractors) – Atia’s Legacy MMO testing well and aimed for Q2 2026 – Origins S16 rolling with 80k bAXS rewards this is a real attempt to move @AxieInfinity from farm-to-dump into play-to-own, by choking off the reflexive sell pressure that killed it for years. But the chart can still be a trap, even with real fundamentals. exchange deposits hit a 3-year high, but whales in the 100k–1M AXS cohort have accumulated ~100M tokens. Korea is driving a big chunk of flow. good rebuild attempt. still a conviction-test trade imo. zooming out, GameFi clawed back to $6.6B early this year. not enough to declare a new cycle, but enough to call it a reconstruction phase. – sector is trying to graduate from pure reward-maxxing into gameplay-first, restrained emissions, actual sinks – gaming infra is maturing, plus some institutional signals like gaming-related M&A and distribution rails – on-chain activity on gaming layers is picking up But funding is still way down from 21’. if the meta comes back, it’s led by games that either: – real games first, crypto second – have token design that doesn’t instantly nuke itself – ship on mainstream distribution high potential watches: – @ParallelTCG: the TCG doing the boring but necessary work. transparent economic design, real sinks, active tourneys, mobile catalyst soon. card games live or die on mobile reach. – @playSHRAPNEL: FPS extraction style, blockchain is optional so gamers can play without feeling preached at. – @ChainersGame: already live with big user numbers and lots of daily transactions – @XAI_GAMES: not a game, just infra. if GameFi works at all, infra wins stuff I’d keep on a shorter leash: – @EV2_Official: AAA MMO on Unreal, hybrid ETH/Avalanche infra, $2M raised in token presale, launch Q2’26, mainstream-grade quality – @MysticDAO: Solana gamified yield card game. demo live (packs, DPY boosts via NFTs), presale soon but be careful with anything selling you a 20x to 50x presale projection plus huge staking APY as the main pitch. that’s usually just a liquidity trap in a hoodie. #GameFi is the easiest place to hide that because everyone’s already emotionally primed to believe the next “axi 2021” is coming back.

I think gamefi is still not finding its pmf yet, so pretty much I am gonna just watch this unfolds first.