SLP is the in‑game ERC‑20 token for Axie Infinity, earned by playing and used primarily for breeding Axie NFT creatures — tying its real‑world price to game activity.
The token now trades at roughly $0.00062–$0.00070 USD (৳0.08–৳0.10 BDT), a tiny fraction of its all‑time high above $0.40, reflecting major long‑term depreciation since the 2021 ‘play‑to‑earn’ boom.
Recent market performance shows high volatility and tight trading within a narrow range, driven by broader crypto risk‑off sentiment and the gaming sector’s weak sentiment.
In early 2026, Axie Infinity halted automated emission rewards (Origins mode) to reduce inflation and supply pressure — a structural shift that could eventually support scarcity, though short‑term player incentives may dip.
A new MMO‑style game (“Atia’s Legacy”) is planned for 2026, which may boost on‑chain activity and utility demand for SLP if it attracts strong player engagement.
Analysts view SLP as a high‑beta gaming token: its price remains sensitive to Axie ecosystem health and overall crypto sentiment more than pure technical trends.
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