Axie announces the introduction of bAXS, leading the way in the altcoin market with AXS, RONIN, and SLP

By: theblockbeats.news|2026/01/18 11:30:12

BlockBeats News, January 18th, Axie Infinity announced the introduction of the non-transferable token bAXS, directly bound to user accounts, endorsed by AXS at a 1:1 ratio to reduce inflationary rewards to real players. In addition, the SLP rewards in Axie Infinity Origins have recently been adjusted to reduce inflation. According to HTX market information, today, some blockchain games and metaverse sector tokens led the way in the altcoin market influenced by this, with the top gaining altcoins being:

AXS is currently trading at $2.06, with a 24-hour gain of 52.2%;

STO is currently trading at $0.116, with a 24-hour gain of 50.9%;

BERA is currently trading at $1.04, with a 24-hour gain of 41%;

RARE is currently trading at $0.0303, with a 24-hour gain of 28.9%;

RONIN is currently trading at $0.184, with a 24-hour gain of 16.2%;

SAND is currently trading at $0.1504, with a 24-hour gain of 15.6%;

SLP is currently trading at $0.000993, with a 24-hour gain of 13.2%;

Today, the overall crypto market remains range-bound, with Bitcoin currently at $94,920, Ethereum at $3,301, and the total crypto market cap at $3.305 trillion, with a 0.3% decrease in the last 24 hours.

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