$AXS AXS — the governance and utility token of Axie Infinity — has recently caught traders’ attention with a strong rebound after hitting multi-year lows. Over the past week, $AXS has surged over ~30%, climbing back toward the $1.20–$1.30 range after a period of consolidation and sideways action. �
AInvest +1
📌 What’s Behind the Recent Rally
Tokenomics Overhaul & bAXS Launch
A major catalyst for the rebound has been the rollout of bAXS, a new in-game token tied directly to user accounts and earned via gameplay. This structural change is designed to reduce bot-farming sell pressure, boost long-term engagement, and stabilize the economic model of the platform — all of which improve the narrative around AXS’s utility and demand. �
AInvest
Huge Volume Spike & Market Participation
Recent trading data shows massive increases in volume (1,600%+ surge) as more traders and liquidity return to AXS markets. That kind of participation usually signals a more meaningful move than a low-liquidity pump. �
AInvest
Break from Multi-Year Lows
Price action reflects a reversal from lows not seen for years, with bulls pushing AXS above key support levels. Some analysts highlight this as a technical base being formed for potential continuation. �
CryptoNews
📊 Current Technical Snapshot
After jumping ~30% in recent days, AXS is trading above $1.20–$1.30 resistance areas. �
P2E Game
Bulls have bounced off the lower end of a long downtrend; next short-term targets mentioned by some observers are around $1.50–$2.00+ if momentum holds. �
P2E Game
However, exchange netflow (tokens moving into exchanges) hit multi-year highs, suggesting selling pressure may be rising and could pressure price short-term. �
TMGM SEA
🎮 Narrative & Fundamentals
Axie Infinity remains one of the most recognizable Play-to-Earn/GameFi ecosystems. While broader crypto gaming tokens have been volatile,
