Axie Infinity launches bAXS governance innovation, blockchain game sector rises together—AXS surges 52% in a single day

【Crypto World】On January 18, Axie Infinity announced an important governance update: the introduction of the non-tradable token bAXS, an innovative mechanism directly linked to user accounts. The key point is that bAXS is backed by AXS at a 1:1 ratio, aiming to reduce inflation rewards issued to real players. Simultaneously, the SLP reward system for Axie Infinity Origins has also been adjusted, also targeting lower inflation pressure.

This move immediately triggered a chain reaction in the market. Tokens in the blockchain game and metaverse sectors collectively strengthened, with a series of altcoins taking turns leading the gains. Specifically, AXS surged directly to $2.06, with a 24-hour increase of an astonishing 52.2%. Other related tokens also performed strongly: STO at $0.116, up 50.9%; BERA reaching $1.04, up 41%; RARE at $0.0303, up 28.9%; RONIN at $0.184, up 16.2%; The Sandbox ecosystem’s SAND at $0.1504, up 15.6%; and although SLP has a smaller base, it also recorded a 13.2% increase.

The entire crypto market today is in a sideways consolidation pattern. Bitcoin hovers around $94,920, Ethereum at $3,301, with the total market capitalization of crypto assets approximately $3.305 trillion, a slight 0.3% correction over 24 hours. In this environment, the collective performance of the blockchain game sector appears particularly bright.