AXS Token Jumps 10% After Axie Infinity Tokenomics Overhaul Spurs Whale Buying and $628M Volume

The recent surge in AXSUSDT price, which opened at 2.561 and climbed 10.39% to 2.827 over the last 24 hours, can be primarily attributed to significant reforms in Axie Infinity's tokenomics. Key drivers include the cessation of SLP emissions, a reduction in daily token supply inflation by over 30%, and the introduction of the bAXS bonded token system. These changes have stimulated whale accumulation, heightened trading activity, and led to optimistic sentiment among market participants, as reflected by a spike in Money Flow Index and sustained capital inflow.

Currently, Axie Infinity (AXS) trades at 2.827 USDT with a 24-hour trading volume exceeding $628 million, and its market capitalization is approximately $418 to $484 million. The asset remains highly volatile, with active trading on major exchanges and notable interest following recent ecosystem updates.