AXS price pumps 12% as Axie Infinity outpaces gaming sector tokens

• AXS price jumped more than 12% to above $2.50 on January 26, 2026.
• The gains saw Axie Infinity outpace the broader gaming sector.
• WEMIX and Ronin also rose, but top tokens like The Sandbox and Immutable were flat.

Axie Infinity’s native token, AXS, has surged by double digits in the past 24 hours, extending its recent gains.

The uptick also marked a notable rebound for the gaming token, after prices revisited support around $2.00 over the weekend. All this happens as investors weigh opportunities in a largely subdued cryptocurrency market.

Gold rocketed to record highs above $5,000 and silver rallied above $100, moves that have stolen the shine from crypto, with Bitcoin labouring under $90,000.

Axie Infinity price jumps 12%

The overall crypto picture portends caution, and capital flight shows this as seen in recent weeks. However, even as whales pile into precious metals, some altcoins like Axie Infinity are defying immediate sentiment.

On Monday, AXS climbed by more than 12% to hit highs of $2.54.

This double-digit spike over the past 24 hours allowed buyers to attempt a retest of $3.00, which also acted as a hurdle when Axie Infinity exploded last week.

However, while AXS delivered a strong double-digit performance, most gaming sector tokens exhibited minimal movement. Most remained flatlined or dipping slightly, including The Sandbox, Gala, Decentraland and Immutable.

Exceptions to this include WEMIX, which saw gains of around 5% in the same period, and Ronin (RON), which was posting modest gains of about 6% amid low overall activity.

The broader gaming category is still recovering from the last cycle’s challenges. Crypto analyst Zack shared reasons why the Axie Infinity price is surging in a post on X.

Can AXS hold onto gains?

Axie Infinity’s momentum stems from ongoing ecosystem updates and whale accumulation, positioning it ahead in the GameFi revival.

Yet, sustained holding depends on macroeconomic factors and sector-wide adoption. Investors will eye upcoming developments for confirmation of this rally’s longevity.

The technical outlook for AXS, therefore, remains cautiously optimistic in the short term, with resistance levels near the $2.90-$3.00 and at $5.10 levels.

AXS bulls may target these levels next, provided price holds above $2.00.

However, a downside flip looms if broader crypto sentiment sours further, potentially testing lower support zones. Key support levels lie at $1.86 and $1.20.

The bearish outlook strengthens with indicators such as the negative MACD and RSI. Currently, the momentum indicators signal sell-off pressure. Profit-taking by recent buyers also poses a risk.

AXS price reached highs of $10 in January 2025, before plummeting sharply. Meanwhile, the all-time high for the token is $165, which it reached in November 2021.