AXS has staged a spectacular performance today, soaring 54.1% within the day, becoming the undisputed leader in the blockchain gaming sector!!!
The core driving force behind this explosion comes from the official launch of the bAXS mechanism: game rewards have fully switched to bAXS, directly locking in the market's circulation pressure through limits on withdrawals, mandatory staking, and consumption logic. This hardcore supply-side control has instantly ignited the confidence of holders.
The response speed of on-chain funds is astonishing, with a 24-hour trading volume breaking the 800 million mark, and the total holdings have surged by nearly 150%. Currently, market bullish sentiment is extremely exuberant, with funding rates even dropping to negative values, and bears are frantically paying a "tuition fee." The enormous short squeeze risk has led to a continuous influx of follow-up funds. Community analysis suggests that this mechanism tightly binds the token value with user activity through a reputation system, marking a significant evolution in token economics.
Insiders and industry observers have spoken out, noting that bAXS is an innovative attempt to link token issuance with user activity, aiming to reward those who are truly rooted in the network by limiting purely arbitrage behaviors. This mechanism's launch is seen as a new starting point for the entire ecosystem's evolution, aiming to optimize the long-term supply-demand structure, enhance the comprehensive application value of the token, and lay a foundation for the upcoming major transformation in 2026.
This time, the officials have directly taken control of the market. In the past, everyone would sell the rewards they got from gaming, but now they are forced to either stake them or spend them in the game. To withdraw, one has to pay a considerable fee. With fewer people selling, the price naturally goes up.
This series of measures has not only driven away those who want to take advantage without paying, but also made the remaining veteran players more optimistic. No wonder everyone in the market is bullish now!
$AXS #axs #加密市场观察