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Axie Infinity (AXS) rallies 80% following migration to Ronin sidechain

AXS and SLP price surged following the project’s successful migration to the Ronin sidechain on the Ethereum network. Nonfungible tokens were one of the hottest sectors of the cryptocurrency market from the start of the year until March but as is the nature of the crypto sector, NFTs cooled off significantly in April as the hype died down and high fees on the Ethereum (ETH) network hampered the ability of buyers and sellers to interact with the protocols.  The challenge of high fees eventually led some projects like Axie Infinity (AXS) and Smooth Love Potion (SLP) to migrate to other…

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