$AXS As of February 2026, Axie Infinity (AXS) is undergoing a significant fundamental transformation, shifting from its original inflationary "Play-to-Earn" model toward a more sustainable, utility-driven ecosystem centered on the new Bonded AXS (bAXS) token. This non-transferable reward mechanism, launched in early 2026, aims to curb "farm-and-dump" selling pressure by requiring players to reinvest or "unbond" their tokens over time, which has recently sparked a notable 20–25% price rally as the market responds to this supply contraction. While AXS has reclaimed psychological support around the $1.50–$1.60 range and is eyeing resistance near $3.00, its long-term success

remains tethered to the rollout of the Atia’s Legacy MMaO and its ability to maintain active user growth on the Ronin Network despite upcoming token unlocks in March.

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