- AXS price jumped more than 12% to above $2.50 on January 26, 2026.
- The gains pushed Axie Infinity ahead of the broader gaming sector.
- WEMIX and Ronin also rose, while major tokens like The Sandbox and Immutable remained flat.
Axie Infinity’s native token, AXS, climbed by double digits over the past 24 hours, extending its recent gains.
The rise also marked a notable recovery for gaming tokens, after prices had dipped to around $2.00 over the weekend. This movement comes as investors weigh opportunities across an otherwise subdued crypto market.
Precious metals attracted attention as gold surged to record levels above $5,000 and silver rose above $100, drawing some capital away from crypto markets where Bitcoin traded below $90,000.
Axie Infinity price rises about 12%
Overall market sentiment remains cautious, and capital flight has been evident in recent weeks. Yet some altcoins, notably Axie Infinity, have bucked that trend.
On Monday, AXS jumped more than 12% to a high near $2.54.
That double-digit move in the last 24 hours gave buyers an opportunity to test the $3.00 level—previous resistance when Axie Infinity rallied earlier in the week.
Despite AXS’s strong performance, most gaming tokens showed little movement. Several remained flat or dipped slightly, including The Sandbox, Gala, Decentraland and Immutable.
Exceptions included WEMIX, which gained around 5% over the same period, and Ronin (RON), which posted moderate gains near 6% despite relatively low overall volume.
The broader gaming category is still recovering from challenges in the prior cycle. Crypto analyst Zack outlined several reasons behind Axie Infinity’s recent price action 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 sustain the gains?
Axie Infinity’s momentum is supported by ongoing ecosystem updates and whale accumulation, positioning it as a leader in the emerging GameFi revival.
However, long-term sustainability depends on macroeconomic conditions and broader sector adoption. Investors will be watching upcoming developments closely to gauge whether this upward move can persist.
Technically, AXS’s outlook is cautiously optimistic in the short term, with resistance levels around $2.90–$3.00 and higher resistance near $5.10.
AXS bulls may target those levels next, provided the price holds above $2.00.
Conversely, a downside reversal could materialize if overall crypto sentiment deteriorates further, potentially testing lower support zones. Key supports sit near $1.86 and $1.20.
Bearish sentiment is reinforced by indicators such as a negative MACD and RSI; currently momentum measures point to selling pressure. Profit-taking among recent buyers also poses a risk.
AXS peaked near $10 in January 2025 before collapsing sharply. The token’s all-time high remains $165, reached in November 2021.