Axie Infinity (AXS) is showing signs of life again after a brutal multi-year drawdown. The pioneering play-to-earn game that once hit $165 is now trading at $1.71 (as of January 20, 2026), up +15.96% in the last 24 hours on $394 million volume — the strongest daily move in months.
This isn’t random. Axie has been quietly rebuilding:
- SLP emissions halted in Origins mode (Jan 7, 2026) to reduce inflation
- bAXS token introduced as new in-game currency for rewards
- Atia’s Legacy MMO open beta planned for 2026
- Structural changes to staking and Axie Score system
These moves aim to stabilize tokenomics, boost long-term engagement, and shift from bot farming to organic gameplay. With $342 million market cap and $550 million FDV, AXS is still tiny compared to its 2021 peak.
If you’re searching “Axie Infinity price prediction 2025” or “AXS GameFi comeback 2026,” this guide breaks down why AXS could be one of the most asymmetric bets in gaming crypto.
Current AXS Price & Metrics (Jan 20, 2026 – CoinMarketCap)
| Metric | Value | Insight |
|---|---|---|
| Price | $1.71 | +15.96% 24h — strongest daily since Nov 2025 |
| Market Cap | $342.49M | Rank #159 — still very undervalued |
| 24h Volume | $394.3M | 115% of cap — real conviction buying |
| FDV | $549.64M | Only 1.6× market cap — low dilution risk |
| Circulating Supply | 168.24M / 270M | 62.31% out — rest vesting gradually |
| ATH | $165.37 (Nov 2021) | -98.97% from peak |
| ATL | $0.1234 (Nov 2020) | +1,285% from bottom |
Sentiment is 84% bullish (from community votes), with recent news driving retail inflows despite whale dumps earlier.
Why the Momentum Shift Feels Real in 2026
- Tokenomics Overhaul
- SLP emissions stopped in Origins → reduced inflation pressure
- bAXS introduced as gameplay-earned token (stakable, spendable, sellable)
- Aims to create sustainable economy vs. bot farming
- Roadmap Momentum
- Atia’s Legacy open beta (2026) — new MMO with strategic combat
- Axie Score system revamp → rewards quality play
- Big swings planned for 2026 to refresh ecosystem
- GameFi Revival Signals
- AXS up over 120% YTD
- Gaming sector rotation starting — AXS leading the pack
- High leverage listings (Aster Perpetuals 75x) adding fuel
- Technical Setup
- Weekly chart breaking multi-month downtrend
- RSI rebounding from oversold
- Volume spike confirming conviction
AXS Price Targets (Realistic, No Hype)
| Timeframe | Conservative | Realistic | Aggressive (Full Revival) |
|---|---|---|---|
| Q2 2026 | $2.50 – $3.50 | $5.00 – $7.00 | $10+ |
| End 2027 | $5.00 – $8.00 | $10 – $15 | $25+ |
| 2030 Cycle | $10 – $15 | $20 – $30 | $50+ |
Even conservative = 3–5× from $1.71. Aggressive case hits 10–20× if GameFi captures meaningful narrative share again.
The Trade Right Now
- Current support: $1.50 (former resistance)
- Next resistance: $2.00 – $2.50 (psychological + volume pocket)
- Key level to watch: $2.00 — close above = full confirmation
Trade AXS on Tapbit — zero spot trading fees, $50M insurance, instant execution.
