According to Robbie Ferguson (@0xferg), co-founder of Immutable, new data and milestones indicate that web3 gaming is achieving significant mainstream adoption, countering previous skepticism about its viability (source: Twitter, May 27, 2025). This growth in web3 gaming has led to increased on-chain activity, higher NFT transaction volumes, and rising user engagement across leading blockchain gaming platforms. The trend is positively impacting related crypto assets, especially tokens linked to gaming ecosystems like IMX and AXS. Traders should monitor these assets for potential upside, as sustained web3 gaming growth drives both user numbers and liquidity across decentralized gaming networks.

According to Robbie Ferguson (@0xferg), every time Bitcoin reaches a new all-time high (ATH), it brings a significant influx of new consumers into the cryptocurrency market, with crypto gaming highlighted as the most accessible next use-case for these users (source: https://twitter.com/0xferg/status/1925523034334740914). Traders should note that historical Bitcoin ATHs have correlated with increased user activity in blockchain gaming platforms, potentially driving up transaction volume and demand for gaming-related tokens such as IMX, AXS, and SAND. Monitoring Bitcoin price milestones and gaming sector token performance could present strategic trading opportunities as consumer adoption accelerates during bullish cycles.

According to EmberCN, Binance Labs has recently transferred 400,000 AXS tokens, valued at $3.72 million, to Binance. This follows a prior transfer of 30 million GMT tokens. Binance Labs is an investor in Axie Infinity and has received a total of 11.8 million AXS tokens through vesting unlocks. Of these, 10.8 million AXS tokens, with an average transfer price of $10.13, have been moved to Binance over the past four years, amounting to a total value of $109 million.