Speaking of AXS, many people still remember the crazy wave in 2021. From $1.8 soaring all the way to $166, nearly a 100x increase, it pushed GameFi into the spotlight. However, the subsequent story was also clear to everyone—continuous decline, and the once hot discussions gradually faded away.

The most interesting part is the recent movement. AXS rebounded directly from around $0.8 to about $2.2, and this strong performance is no joke. Now the price has again risen above the $1.8 level, what does this mean?

From a technical perspective, this rebound indeed has some tricks. The past week’s gains far outpaced the broader market, and short-term selling pressure is clearly diminishing. The RSI indicator has recovered from the oversold zone, indicating that buying interest is re-entering, and trading volume has also exploded, with activity clearly stepping up. All these signals point in one direction—the possibility of a trend continuation is increasing.

But what’s truly worth paying attention to are the fundamental changes. The project team has recently been working on several major initiatives. First, they stopped distributing SLP rewards in the Origins mode, directly addressing inflation issues, and the ecosystem’s health is visibly improving. At the same time, the newly launched bAXS mechanism was designed to stabilize the entire token economy, reduce selling pressure, and increase user stickiness. Even more exciting, they are preparing a major MMO titled "Atia's Legacy," which is not just about expanding the user base but genuinely about increasing AXS’s practical application within the ecosystem.

All these signs combined suggest that this rebound is not baseless, but supported by substantial improvements in the fundamentals.