$AXS
Axie Infinity (AXS) has reclaimed its position as a market leader in the GameFi sector this week. As of January 18, 2026, the token has experienced a massive 38.8% to 52% surge, breaking out from a long period of horizontal consolidation. This bullish momentum is largely driven by the successful rollout of the "Axie Core" update, which introduced new sinks for the AXS token and enhanced the play-to-earn mechanics for the Ronin Network. From a technical perspective, the breakout above the $1.80 resistance level has triggered a "fear of missing out" (FOMO) rally, with trading volume spiking to its highest level in six months. While the RSI (Relative Strength Index) suggests the coin is approaching overbought territory, the strong support now established at $2.00 indicates that the trend may have staying power. AXS currently serves as a bellwether for the entire metaverse sector, signaling a broader return of investor capital to blockchain gaming.
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