AXS Surges 12% as Axie Infinity Outperforms Gaming Tokens

  • AXS price jumped more than 12% to exceed $2.50 on January 26, 2026.
  • The gain saw Axie Infinity outperform the wider gaming sector.
  • WEMIX and Ronin also rose, while major gaming tokens such as The Sandbox and Immutable remained flat.

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

This rise also marked a notable recovery for the gaming token after prices revisited support near $2.00 over the weekend. All of this unfolded as investors weighed opportunities in a broader cryptocurrency market that remains largely cautious.

Gold climbed to record highs above $5,000 while silver rose past $100, moves that have drawn attention away from crypto, with Bitcoin trading below $90,000.

Axie Infinity price jumps 12%

The overall crypto outlook is characterized by caution, and a recent flight to safe-haven assets has been evident in recent weeks. Still, some altcoins—like Axie Infinity—have resisted the prevailing sentiment.

On Monday, AXS rallied more than 12% to reach a high of $2.54.

This two-digit jump within 24 hours gave buyers a chance to attempt a retest of the $3.00 level, which acted as resistance when Axie Infinity surged last week.

Despite AXS’s strong double-digit performance, most gaming sector tokens showed minimal movement. Many remained flat or slightly down, including The Sandbox, Gala, Decentraland, and Immutable.

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

The broader gaming category is still recovering from challenges in the previous cycle. Crypto analyst Zack shared reasons behind the AXS surge 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 stems from ongoing ecosystem updates and whale accumulation, positioning the project among the leaders in a potential GameFi revival.

However, sustained upside depends on macroeconomic conditions and broader sector adoption. Investors will closely watch upcoming developments for confirmation of this rally’s longevity.

Technically, the outlook for AXS remains cautiously optimistic in the short term, with resistance near $2.90–$3.00 and a higher barrier around $5.10.

If price holds above $2.00, AXS could target these next resistance levels. Conversely, downside risks would increase if overall crypto sentiment turns more negative, potentially testing lower support zones. Key support levels sit at $1.86 and $1.20.

Bearish signals are reinforced by indicators such as a negative MACD and weakening RSI, which currently point to selling pressure. Profit-taking by recent buyers also introduces additional risk.

AXS reached a high of $10 in January 2025 before plunging sharply. Its all-time high remains $165, achieved in November 2021.