AXS really is doing the “back from the dead” thing right now 😳📈

The easy explanation is “risk-on because inflation is cooler,” and yeah, that helped. When macro feels lighter, traders rotate into high beta stuff like GameFi first. But AXS is not pumping on vibes alone, there are some real Axie-specific triggers too.

What is driving the move:

1. Tokenomics got tighter
   On Jan 7, Axie switched off SLP rewards in Origins to fight the bot-driven farm-and-dump loop. The idea is simple: less SLP issuance means less constant sell pressure, and it cleans up one of the biggest long-term drags on the ecosystem.
2. Ecosystem catalyst + 2026 hype
   They also rolled out bAXS (earned through gameplay, used in-app) and teased a more aggressive 2026 roadmap. That combo matters because it pushes players to stay inside the game economy instead of instantly selling rewards, and it gives speculators a reason to re-rate the project.
3. Technical breakout turned it into a chase
   AXS cleared the old $1.20 area and momentum indicators flipped bullish, so the move pulled in trend traders and probably forced some shorts out. Now everyone is watching whether it can hold the new support zone.

What to watch next:

• Can AXS hold the $2.00–$2.14 zone on a pullback, or does it dump back into the range
• Volume: does it stay elevated or fade after the hype candle
• More details on the 2026 roadmap and Atia’s Legacy timing

So yeah, lower inflation might have lit the match, but Axie changing the incentives is what gave the fire something to burn. Not financial advice, DYOR.