Overview
- Axie Infinity’s token is up roughly 200% over 30 days and about 9% in the past day, changing hands near $2.53.
- Futures open interest jumped from under $14 million on January 1 to a weekend peak near $189.5 million, holding around $174 million.
- Founder Jeffrey Zirlin introduced bAXS for app-based rewards and the project halted SLP emissions, steps that reduced short‑term supply pressure.
- Analysts cite a cup‑and‑handle breakout with price back above the 200‑day EMA near $1.80 and note resistance around $3.00–$3.50, with stronger resistance near $5.10.
- AXS outperformed most gaming tokens as WEMIX and Ronin posted modest gains, with macro context showing record moves in gold and silver and Bitcoin below $90,000.