{"id":66718,"date":"2026-01-21T12:07:35","date_gmt":"2026-01-21T12:07:35","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/axie-infinity-surges-past-2-as-gamefi-market-revives-but-caution-looms\/"},"modified":"2026-01-21T12:07:35","modified_gmt":"2026-01-21T12:07:35","slug":"axie-infinity-surges-past-2-as-gamefi-market-revives-but-caution-looms","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/axie-infinity-surges-past-2-as-gamefi-market-revives-but-caution-looms\/","title":{"rendered":"Axie Infinity surges past $2 as GameFi market revives, but caution looms"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1670256883892-9916aaf8-f7ba-4a0c-9302-15572cca8e9e-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1670256883892-9916aaf8-f7ba-4a0c-9302-15572cca8e9e-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1670256883892-9916aaf8-f7ba-4a0c-9302-15572cca8e9e-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1670256883892-9916aaf8-f7ba-4a0c-9302-15572cca8e9e-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Axie Infinity (AXS) price jumps past $2 amid renewed GameFi investor interest.<\/li>\n<li>On-chain data shows rising exchange balances and declining holders.<\/li>\n<li>$2 remains a key support, with volatility and profit-taking signalling a looming pullback risk.<\/li>\n<\/ul>\n<p>Axie Infinity (AXS) has staged an impressive comeback, surging past the $2 mark in the latest rally.<\/p>\n<p>The token\u2019s recovery has captured the attention of GameFi enthusiasts and investors alike.<\/p>\n<p>This rebound comes amid a broader resurgence in the gaming and decentralised finance sector.<\/p>\n<h2>Strong AXS price recovery and market momentum<\/h2>\n<p>Over the past week, Axie Infinity (AXS) has jumped nearly 92%, highlighting renewed investor interest.<\/p>\n<p>Today, in just 24 hours, the token rose by 19%, with its price currently at $2.406. This surge represents a strong rebound from the $1.06 low recorded earlier this week.<\/p>\n<figure id=\"attachment_358950\" aria-describedby=\"caption-attachment-358950\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"wp-image-358950 size-full\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/01\/AXSUSD-image.png\" alt=\"Axie Infinity surges past $2 \" width=\"1367\" height=\"843\"\/><figcaption id=\"caption-attachment-358950\" class=\"wp-caption-text\">Axie Infinity price chart | Source: <a href=\"https:\/\/www.tradingview.com\/chart\/n7WskMvZ\/?symbol=COINBASE%3AAXSUSD\">TradingView<\/a><\/figcaption><\/figure>\n<p>Furthermore, AXS\u2019s market capitalisation now stands at $407 million, supported by over $1 billion in daily trading volume.<\/p>\n<p>Such activity underscores the high liquidity and demand driving the current rally.<\/p>\n<p>The rally is partly fueled by renewed optimism in the GameFi space.<\/p>\n<p>Investors are increasingly attracted to projects like Axie Infinity that combine gaming with blockchain incentives.<\/p>\n<p>South Korean traders, in particular, have contributed significantly to the token\u2019s resurgence, trading AXS at a premium on major exchanges.<\/p>\n<p>Additionally, the project\u2019s development of the bAXS token has provided further momentum by promising new staking and ecosystem benefits.<\/p>\n<h2>On-chain data signals caution<\/h2>\n<p>Despite the bullish momentum, several on-chain indicators suggest caution.<\/p>\n<p>The number of AXS holders has declined sharply in the past week, signalling profit-taking among investors.<\/p>\n<p>Exchange balances have also risen slightly, indicating potential selling pressure that could slow or reverse gains.<\/p>\n<figure id=\"attachment_358952\" aria-describedby=\"caption-attachment-358952\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" data-source=\"CoinJournal\" class=\"wp-image-358952 size-full\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/01\/Axie-Infinity-on-chain-exchange-flow.png\" alt=\"Axie Infinity on-chain exchange flow\" width=\"949\" height=\"376\"\/><figcaption id=\"caption-attachment-358952\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/intel.arkm.com\/explorer\/token\/axie-infinity\">Arkham<\/a><\/figcaption><\/figure>\n<p>Meanwhile, weekly active addresses on the Ronin network remain below 10,000, showing that user growth has yet to fully recover.<\/p>\n<p>Futures open interest for AXS has reached $130 million, the highest in three years, highlighting elevated speculative activity and liquidation risk.<\/p>\n<p>Furthermore, the transaction flow data presents a mixed picture.<\/p>\n<p>Some investors are withdrawing AXS from exchanges, signalling bullish sentiment.<\/p>\n<p>Others are depositing tokens back onto exchanges, suggesting caution or potential profit-taking.<\/p>\n<p>These conflicting signals emphasise that while the short-term rally is strong, market dynamics remain fragile.<\/p>\n<h2>Axie Infinity price forecast<\/h2>\n<p>Looking ahead, $2 serves as a critical support level for Axie Infinity.<\/p>\n<p>A sustained move above this point could pave the way for further gains in the short term.<\/p>\n<p>However, the declining holder count and high speculative activity suggest that volatility may persist.<\/p>\n<p>Investors should monitor both trading volume and on-chain metrics to gauge market sentiment.<\/p>\n<p>Long-term growth for Axie Infinity (AXS) will likely depend on revitalising user engagement and expanding its GameFi ecosystem.<\/p>\n<p>Despite the impressive rebound, caution is warranted as the token navigates this critical phase.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/axie-infinity-surges-past-2-as-gamefi-market-revives-but-caution-looms\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Axie Infinity (AXS) price jumps past $2 amid renewed GameFi investor interest. On-chain data shows rising exchange balances and declining holders. $2 remains a key support, with volatility and profit-taking signalling a looming pullback risk. Axie Infinity (AXS) has staged an [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":66719,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/66718"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=66718"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/66718\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/66719"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=66718"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=66718"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=66718"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}