{"id":5861,"date":"2026-01-21T11:54:32","date_gmt":"2026-01-21T11:54:32","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=5861"},"modified":"2026-01-21T11:54:32","modified_gmt":"2026-01-21T11:54:32","slug":"axie-infinity-surges-past-2-as-gamefi-market-revives-but-caution-looms","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=5861","title":{"rendered":"Axie Infinity surges past $2 as GameFi market revives, but caution looms"},"content":{"rendered":"<p><\/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\"\/><img decoding=\"async\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/1970\/01\/1670256883892-9916aaf8-f7ba-4a0c-9302-15572cca8e9e.jpg\" alt=\"Axie Infinity price surge\" width=\"100%\" height=\"100%\"\/>\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 fetchpriority=\"high\" 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: TradingView<\/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 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: Arkham<\/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>Analysis,Markets,Axie Infinity#Axie #Infinity #surges #GameFi #market #revives #caution #looms1768996472<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 impressive comeback, surging past the $2 mark in the latest rally. The token\u2019s recovery<\/p>\n","protected":false},"author":1,"featured_media":5862,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":{"0":"post-5861","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eurozone"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Axie Infinity surges past $2 as GameFi market revives, but caution looms - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"description\" content=\"Axie Infinity (AXS) surges past $2 as GameFi rallies, but rising exchange balances and declining users signal caution for investors.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=5861\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Axie Infinity surges past $2 as GameFi market revives, but caution looms\" \/>\n<meta property=\"og:description\" content=\"Axie Infinity (AXS) surges past $2 as GameFi rallies, but rising exchange balances and declining users signal caution for investors.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.uk.com\/?p=5861\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News: Latest Cryptocurrency News and Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2026-01-21T11:54:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/01\/1670256883892-9916aaf8-f7ba-4a0c-9302-15572cca8e9e.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"848\" \/>\n\t<meta property=\"og:image:height\" content=\"565\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"\u884c\u653f\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u884c\u653f\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=5861\",\"url\":\"https:\/\/cryptonews.uk.com\/?p=5861\",\"name\":\"Axie Infinity surges past $2 as GameFi market revives, but caution looms - Crypto News: Latest Cryptocurrency News and Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=5861#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=5861#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/01\/1670256883892-9916aaf8-f7ba-4a0c-9302-15572cca8e9e.jpg\",\"datePublished\":\"2026-01-21T11:54:32+00:00\",\"author\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\"},\"description\":\"Axie Infinity (AXS) surges past $2 as GameFi rallies, but rising exchange balances and declining users signal caution for investors.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=5861#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptonews.uk.com\/?p=5861\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=5861#primaryimage\",\"url\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/01\/1670256883892-9916aaf8-f7ba-4a0c-9302-15572cca8e9e.jpg\",\"contentUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/01\/1670256883892-9916aaf8-f7ba-4a0c-9302-15572cca8e9e.jpg\",\"width\":848,\"height\":565},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=5861#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptonews.uk.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Axie Infinity surges past $2 as GameFi market revives, but caution looms\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptonews.uk.com\/#website\",\"url\":\"https:\/\/cryptonews.uk.com\/\",\"name\":\"Crypto News: Latest Cryptocurrency News and Analysis\",\"description\":\"Latest Crypto &amp; 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