On January 18, Axie Infinity announced the launch of bAXS — a non-transferable token directly tied to user accounts, backed 1:1 by AXS — to curb inflationary rewards for real players. Additionally, recent adjustments to SLP rewards in Axie Infinity Origins have targeted further inflation reduction. Per HTX market data, several blockchain gaming and metaverse tokens led gains in the altcoin space today. Top performers include: – AXS: Currently trading at $2.06, up 52.2% in 24 hours – STO: $0.116, 50.9% 24-hour gain – BERA: $1.04, 41% increase – RARE: $0.0303, 28.9% up – RONIN: $0.184, 16.2% gain – SAND: $0.1504, 15.6% rise – SLP: $0.000993, 13.2% 24-hour increase The broader crypto market remains range-bound. Bitcoin trades at $94,920, Ethereum at $3,301, and total market capitalization stands at $3.305 trillion — down 0.3% over the past 24 hours.
