BREAKING: Axie Infinity (AXS) Surges 22% to $1.55 in 24 Hours
Axie Infinity’s native token AXS has surged 21.99% in the past 24 hours, climbing to $1.55 as of February 10, 2026, according to market data.
The gaming token reached an intraday high of $1.59 after bouncing from a 24-hour low of $1.26, representing a significant price recovery for the play-to-earn platform’s governance token.
Trading Volume Surges Past $355 Million
The price spike was accompanied by exceptional trading activity, with 24-hour volume hitting $355.37 million. This surge in volume indicates strong market interest in the gaming-focused cryptocurrency.
Axie Infinity’s market capitalization increased by 16.71% to $250.31 million, with the token currently ranked #155 by market cap. The circulating supply stands at 168.98 million AXS out of a maximum supply of 270 million tokens.
Monthly Performance Shows Strong Recovery
The 24-hour surge is part of a broader 30-day rally, with AXS gaining 62.10% over the past month. However, the token remains down 9.21% on a weekly basis, suggesting recent volatility in the gaming sector.
Short-term momentum appears strong, with AXS posting a 4.69% gain in just the past hour, indicating sustained buying pressure.
Distance from All-Time High
Despite today’s gains, AXS remains 99.10% below its all-time high of $164.90 reached in November 2021 during the peak of the play-to-earn gaming boom. The current price represents a 1,096% increase from its all-time low of $0.12 in November 2020.
The fully diluted valuation of Axie Infinity currently sits at $399.96 million, assuming all tokens were in circulation.
Axie Infinity pioneered the play-to-earn gaming model, allowing players to earn cryptocurrency through gameplay. The platform’s Ronin sidechain processes transactions for the ecosystem, which includes breeding, battling, and trading digital creatures called Axies.
Market participants will be watching to see if this momentum can sustain above the $1.50 level, which could signal renewed interest in gaming-focused cryptocurrencies.
Stay informed with daily updates from Blockchain Magazine on Google News. Click here to follow us and mark as favorite: [Blockchain Magazine on Google News].
Â
Disclaimer
Blockchain Magazine publishes content submitted by third-party agencies, partners, and clients. Any such posts are categorized and tagged accordingly:
- Sponsored Content: Posts labeled as "Sponsored" are paid placements submitted by third-party agencies or clients. Blockchain Magazine does not endorse or express any views regarding the information contained in these posts. The opinions expressed belong solely to the respective authors and do not reflect the official policy or position of Blockchain Magazine.
- Press Releases: Posts labeled as "Press Release" are paid PR submissions provided by our partners and clients. These are published as received and should be considered as promotional content.
The information provided in such posts is strictly for informational purposes only and should not be interpreted as financial, investment, or professional advice. Blockchain Magazine does not recommend, endorse, or promote any specific products, services, or companies mentioned. Readers are strongly encouraged to conduct independent research and consult with a qualified professional before making any financial or investment decisions.
Additionally, all featured images accompanying such posts are intended as creative depictions of the subject matter. There is no intent to offend or misrepresent any individual, institution, or entity. If any content or imagery is found to be objectionable, please reach out to us at [email protected], and we will promptly review the concern.
About the Author: Editors Desk
Get Blockchain Insights In Inbox
Stay ahead of the curve with expert analysis and market updates.
