The value of Axie Infinity's (AXS) governance token, used in the Play-to-Earn (P2E) NFT game, recently hit a 3-month high of $13.83. Additionally, trading volume for the token saw a significant increase of 908.8% according to CoinMarketCap, resulting in a 24 hour trading volume of over $1 billion. In addition, AXS also hosts the largest TVL with a $1 billion token locked.