$SLP
As of the latest market figures, **SLP is trading around approximately $0.00087–$0.00115 USD per token**, with a **market capitalization of roughly $35 million–$40 million and a circulating supply around 36.44 billion SLP**. Its **24‑hour trading volume recently spiked above $30 million**, indicating active trading interest despite its low per‑token price. Historically, **SLP’s all‑time high was about $0.4191 in May 2021**, meaning its current price is roughly **‑99.7 % below that peak**, reflecting a massive collapse in value since the NFT/game boom. Its **all‑time low was near ~$0.00072 in late 2025**, so today’s price sits modestly above those recent lows. From a **fundamental perspective**, SLP serves as the **in‑game utility token for Axie Infinity**, used to **breed new Axies (digital pets)** and earned by playing the game. Breeding costs begin at 100 SLP and escalate up to 2,100 SLP per breed, creating a built‑in token burn mechanism that can reduce circulating supply over time if demand for breeding increases.