$AXS Update ๐ Can Axie Infinity hold above the $1.25 area after a sharp volume-backed move?
๐ฐ Price now: $1.26 | 24h: +9.83%
๐ Market cap: $220.88M | Rank: #181
๐ 24h range: $1.149 โ $1.308
๐ฐ What's happening:
AXS has accelerated higher with Binance showing a 24h high of $1.308 and strong trading activity. The move comes as Axie Infinity launches Origins S19 and continues expanding its ecosystem.
๐ฅ Key catalyst:
Origins S19 went live on September 30, with rewards distributed in bAXS, a non-transferable token backed 1:1 by AXS. A separate October 2 update also set October 16 as the final deadline for migrating Waypoint assets.
๐ Next step to watch:
๐ด Bearish case: Below $1.21โ$1.20 could bring $1.15 back into focus.
๐ข Bullish case: Holding $1.25 could keep $1.29โ$1.31 in focus.
๐ My take:
Volume expansion is the key detail to monitor after the breakout.
Not financial advice, DYOR โ ๏ธ
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