AXS Surges +70% — What’s Driving the Rally?
$AXS (Axie Infinity) has jumped sharply over the last 24 h, trading near $2.08 after gains of around +70%. This rally isn’t random — it’s backed by growing market participation and renewed interest in GameFi assets, with volume and derivatives activity increasing as traders rotate into higher-beta sectors like gaming tokens.
A key driver has been the launch of bAXS, a new token designed to improve tokenomics by reducing bot farming and stabilizing the ecosystem, giving AXS holders new utility and incentive structures.
📈 What to expect next:
• Continued buying pressure could push AXS toward higher resistance levels if momentum holds.
• But volatility remains — watch key support zones for pullbacks.
AXS’s move reflects both speculative demand and structural improvements within the project, making this one to watch.
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