AXS Surges 12% as Axie Infinity Outpaces Gaming Tokens

  • AXS price rose more than 12%, surpassing $2.50 on January 26, 2026.
  • These gains put Axie Infinity ahead of the broader gaming sector.
  • WEMIX and Ronin posted gains, while leading tokens such as The Sandbox and Immutable remained flat.

The native token of Axie Infinity, AXS, rose by double digits over the past 24 hours, extending its recent gains.

This surge also marked a notable comeback for the gaming token after prices bounced back to around the $2.00 support level over the weekend. All of this unfolded as investors assessed opportunities in an otherwise muted cryptocurrency market.

Meanwhile, safe-haven flows pushed gold to record highs above $5,000 and silver past $100, temporarily overshadowing crypto, while Bitcoin held below $90,000.

Axie Infinity Price Jumps 12%

The overall crypto landscape remains cautious, and capital flight toward safer assets has been evident in recent weeks. Still, some altcoins like Axie Infinity are bucking the prevailing sentiment.

On Monday, AXS climbed more than 12%, reaching highs of $2.54.

That two‑digit gain over 24 hours allowed buyers to attempt a retest of the $3.00 level — a resistance point that had acted as a barrier when Axie Infinity rallied last week.

Despite AXS’s strong performance, most gaming tokens logged only minor moves. The majority stayed flat or edged lower, including The Sandbox, Gala, Decentraland and Immutable.

Exceptions included WEMIX, which rose roughly 5% over the same period, and Ronin (RON), which gained about 6% amid generally low market activity.

The broader gaming category is still recovering from last cycle’s challenges. Crypto analyst Zack shared reasons why AXS has been surging in a post on X.

$AXS ripping higher feels ironic — it’s the exact ecosystem most people had already written off.
So what actually flipped the script?
– SLP inflation finally shut down
– bAXS introduced as the new reward layer (non-transferable, reputation-based, anti-bot by design)
– Atia’s… pic.twitter.com/qUjUTrlQBC

— Zack (@0xZackon) January 26, 2026

Can AXS Hold Its Gains?

Axie Infinity’s momentum stems from continued ecosystem updates and whale accumulation, positioning it at the forefront of a potential GameFi revival.

However, sustained strength will depend on macroeconomic conditions and broader sector adoption. Investors will watch upcoming developments for confirmation of the rally’s longevity.

Technically, AXS looks cautiously optimistic in the short term, with resistance levels near $2.90–$3.00 and a higher target around $5.10.

AXS bulls may aim for those levels provided the price stays above the $2.00 support.

On the flip side, a deterioration in overall crypto sentiment could trigger a pullback toward lower support zones. Key support levels sit at $1.86 and $1.20.

The bearish case is reinforced by indicators such as a negative MACD and weakening RSI. Current momentum readings point to selling pressure, and profit-taking by recent buyers represents an additional risk.

AXS traded near $10 in January 2025 before plunging sharply. The token’s all-time high remains $165, reached in November 2021.