AXS Price Jumps 12% as Axie Infinity Leads Gaming Tokens

2026-01-27 03:02

Axie Infinity's native token, AXS, surged over 12% to surpass $2.50 on January 26, 2026, outperforming other gaming sector tokens. This rise marks a significant rebound for AXS, which had recently tested support around $2.00. While WEMIX and Ronin also saw gains, major tokens like The Sandbox and Immutable remained flat. The rally in AXS is attributed to ecosystem updates and whale accumulation, positioning it as a leader in the GameFi sector's revival. Despite the broader crypto market's caution, AXS's technical outlook remains optimistic, with resistance at $2.90-$3.00 and $5.10. However, potential downside risks include broader market sentiment shifts and profit-taking by recent buyers.

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