"Circle of Life" was nominated for the Academy Award for Best Song in 1994, along with two other songs from "The Lion King": "Hakuna Matata" and "Can You Feel the Love Tonight" which won the award.
Ricevette una nomination all'Oscar come miglior canzone nel 1995 insieme ad altre due canzoni tratte dal film, "Hakuna Matata" e "Can You Feel the Love Tonight"; quest'ultima vinse la statuetta.