$AXS Axie Infinity Shards (AXS) has emerged as a top performer in the GameFi sector during the first month of 2026. After a prolonged period of bearish pressure throughout 2025, the token staged a massive recovery, surging from approximately $0.80 to a local high near $2.60.

On January 7, 2026, the ecosystem disabled Smooth Love Potion (SLP) rewards in its "Origins" mode to combat bot farming. This slashed daily token emissions by approximately 80%, significantly reducing inflationary pressure.

The project introduced bAXS, a new utility token for in-game spending. This move was designed to redirect sell-side pressure away from the main AXS token and provide new staking incentives.

The community treasury's decision to stake $2,829$ ETH (approx. $\$9$ million) signaled a shift toward yield-generating capital strategies, boosting investor confidence.2.

$AXS$ decisively broke above its long-term descending channel and the psychological $\$2.00$ barrier. This rally was backed by a volume surge of over $1,600\%$ in a 24-hour window, indicating heavy participation from both retail and "smart money" buyers.

The region between $\$1.80$ and $\$2.05$ has flipped from resistance to a primary support zone.Resistance: Immediate overhead resistance sits at $\$2.60$, with a major technical target at $\$3.23$.Condition: While the RSI recently peaked in overbought territory ($75+$), the current consolidation around $\$2.45$ is viewed by analysts as a healthy breather before a potential push toward $\$3.00$.