I think it would be difficult for the hype that Axie had before to return. But from what I know, many play-to-earn games with tokens under the Ronin network have been rising since last
year up until now, although I'm not that updated.

So, if you're hoping that Axie will return to its all-time high, you should hold it at your own risk. With so many new crypto coins coming out that are better than Axie,
you'll surely leave that behind if you find something with more potential.