The post Axie Infinity (AXS) Price Jumps 33% as bAXS Launch Brings Buyers Back appeared first on Coinpedia Fintech News Axie Infinity (AXS) is back in focus afterThe post Axie Infinity (AXS) Price Jumps 33% as bAXS Launch Brings Buyers Back appeared first on Coinpedia Fintech News Axie Infinity (AXS) is back in focus after

Axie Infinity (AXS) Price Jumps 33% as bAXS Launch Brings Buyers Back

3 min read
Why is the Axie Infinity (AXS) Price Rising Today Is Liquidity Rotating Into GameFi

The post Axie Infinity (AXS) Price Jumps 33% as bAXS Launch Brings Buyers Back appeared first on Coinpedia Fintech News

Axie Infinity (AXS) is back in focus after posting one of its massive intraday rallies in this month, rising over 33% today as traders reacted to the launch of bAXS, a new token utility layer designed to expand participation across the ecosystem. The move comes at a time when most altcoins remain trapped in tight ranges, making AXS one of the few assets currently attracting sustained directional interest.

The key question now is whether the AXS price rally reflects a short-term reaction to news, or the beginning of broader repricing driven by structural changes in how the new token is used.

bAXS Launch Reignites Ecosystem Demand

The primary catalyst behind AXS’ breakout is the introduction of bAXS, a new token mechanism aimed at strengthening Axie Infinity’s in-game economy and long-term incentive structure. bAXS is designed to enhance how users interact with the ecosystem by linking token utility more directly to gameplay participation, governance functions, and reward distribution. This shifts the role of AXS from a passive governance asset into a more active component of the platform’s economic loop.

For Axie Infinity, this matters because token utility directly influences demand dynamics. Assets with clear, evolving use cases tend to attract longer-term positioning rather than short-term trading. The bAXS model effectively reopens the investment narrative around Axie Infinity, not as a legacy GameFi project, but as a platform with ongoing product development and monetization pathways.

This shift has pulled AXS back into focus among retail traders and ecosystem-focused participants who had largely stepped away during the prolonged downtrend.

AXS Price Eyes $3 Breakout: Can Bulls Succeed?

Axie Infinity token has bounced off from the 20 day EMA support zone and is now aiming to break the immediate supply zone of $3 in the near sessions. The structure now shows a clear higher low followed by a higher high, confirming a trend shift. Alongside the price surge, the trading volume elevated sharply signals that the move is being supported by real market participation.

AXS price

Technically, the current chart structure resembles a rounding bottom pattern, where price compresses close to the resistance zone of $3. This pattern is often associated with trend re-acceleration after significant accumulation.

At press time, AXS token price trades at $2.60 with market cap of $438.36 Million. If AXS price succeeds to cross $2.80-$3 zone, a massive breakout rally would push AXS toward $3.50-$4 zone in the short term. While a slip below $2.20 may linger, the breakout and AXS price may face consolidation ahead.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Tags:

You May Also Like

The Giants Are Stumbling: Why BlockDAG’s 20-Exchange Launch is the Market’s New Safe Haven

The Giants Are Stumbling: Why BlockDAG’s 20-Exchange Launch is the Market’s New Safe Haven

The cryptocurrency market seems to have caught headwinds entering February. Portfolios across the globe are flashing red as the flash crash of February 2nd wreaks
Share
Captainaltcoin2026/02/04 02:30
IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge!

IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge!

The post IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge! appeared on BitcoinEthereumNews.com. Crypto News 17 September 2025 | 18:00 Discover why BlockDAG’s upcoming Awakening Testnet launch makes it the best crypto to buy today as Story (IP) price jumps to $11.75 and Hyperliquid hits new highs. Recent crypto market numbers show strength but also some limits. The Story (IP) price jump has been sharp, fueled by big buybacks and speculation, yet critics point out that revenue still lags far behind its valuation. The Hyperliquid (HYPE) price looks solid around the mid-$50s after a new all-time high, but questions remain about sustainability once the hype around USDH proposals cools down. So the obvious question is: why chase coins that are either stretched thin or at risk of retracing when you could back a network that’s already proving itself on the ground? That’s where BlockDAG comes in. While other chains are stuck dealing with validator congestion or outages, BlockDAG’s upcoming Awakening Testnet will be stress-testing its EVM-compatible smart chain with real miners before listing. For anyone looking for the best crypto coin to buy, the choice between waiting on fixes or joining live progress feels like an easy one. BlockDAG: Smart Chain Running Before Launch Ethereum continues to wrestle with gas congestion, and Solana is still known for network freezes, yet BlockDAG is already showing a different picture. Its upcoming Awakening Testnet, set to launch on September 25, isn’t just a demo; it’s a live rollout where the chain’s base protocols are being stress-tested with miners connected globally. EVM compatibility is active, account abstraction is built in, and tools like updated vesting contracts and Stratum integration are already functional. Instead of waiting for fixes like other networks, BlockDAG is proving its infrastructure in real time. What makes this even more important is that the technology is operational before the coin even hits exchanges. That…
Share
BitcoinEthereumNews2025/09/18 00:32
XRP Locked In DeFi Continues To Rise Across The Ecosystem – Here’s How Much

XRP Locked In DeFi Continues To Rise Across The Ecosystem – Here’s How Much

With the DeFi ecosystem experiencing continued growth, a notable amount of XRP is being seen across the sector. After a period of reduced demand, more of the token
Share
Bitcoinist2026/02/04 02:00