- AXS price climbed more than 12% on January 26, 2026, rising above $2.50.
- This gain put Axie Infinity ahead of the broader gaming sector.
- WEMIX and Ronin also rose, while leading tokens such as The Sandbox and Immutable remained flat.
Axie Infinity’s native token AXS surged into double-digit gains over the past 24 hours, extending its recent rally.
The move follows a weekend retest of support near $2.00, marking a notable rebound for gaming tokens as investors seek opportunities in an otherwise muted cryptocurrency market.
At the same time, gold jumped to record highs above $5,000 and silver climbed past $100, drawing some attention away from crypto, with Bitcoin trading below the $90,000 level.
AXS Rises Roughly 12%
The broader crypto backdrop remains cautious, reflecting recent capital outflows, but select altcoins like Axie Infinity have bucked the sentiment. On Monday, AXS advanced more than 12% to reach a high of $2.54.
This double-digit move in the last 24 hours gives buyers a shot at retesting the $3.00 area — a resistance level that previously capped a sharp run higher.
Despite AXS’s robust performance, most gaming-sector tokens showed little movement, with many flat or slightly down. Tokens such as The Sandbox, Gala, Decentraland and Immutable largely held steady.
Notable exceptions included WEMIX, which rose about 5% over the same period, and Ronin (RON), which recorded a modest roughly 6% increase amid low activity.
The broader gaming category is still recovering from challenges experienced in the prior cycle. Crypto analyst Zack shared his view on what may be driving Axie Infinity’s sudden upside on X (formerly Twitter):
$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 is supported by ongoing ecosystem updates and whale accumulation, positioning it at the forefront of a nascent GameFi revival.
However, the sustainability of those gains depends on macroeconomic conditions and sector-wide adoption. Investors will be watching upcoming developments closely to confirm the rally’s endurance.
From a short-term technical perspective, the outlook is cautiously optimistic. Key resistance resides around $2.90–$3.00, with a higher barrier near $5.10.
Bullish traders expect that clearing $2.00 could open the door toward those resistance levels.
Conversely, if overall crypto sentiment deteriorates, the token could face renewed selling pressure and test lower support zones. Primary support levels sit at $1.86 and $1.20.
Bearish indicators such as negative MACD and weakening RSI amplify downside risk; current momentum metrics point to selling pressure, and recent profit-taking by buyers also presents a short-term headwind.
AXS’s price previously surged to $10 in January 2025 before falling sharply. The token’s all-time high remains $165, reached in November 2021.