The Axie Infinity ecosystem is experiencing a resurgence, with AXS holders witnessing a significant uptick in the token's value. As AXS trades around 233, the recent surge of approximately 16 in just one hour reflects a broader trend of growth, with a remarkable 177 increase over the past month. The publication demonstrates positive momentum in the developments.
Price Spike Linked to Jihoz's Announcement
This latest spike in AXS's price is closely linked to a tweet from co-founder Jeff Zirlin, also known as Jihoz, who unveiled details about the upcoming bAXS system. Jihoz's announcement highlights bAXS as an app token version of AXS, which aims to transform the game's economy and restore AXS's identity as a genuine player-owned asset, moving away from its previous role as a mere liquidity tool for quick trades.
Market Response and Future Implications
The market's positive response suggests that investors are optimistic about the potential for a more robust and sustainable economy within the Axie Infinity ecosystem. This shift could lead to increased user growth and retention as players are drawn to a system that emphasizes ownership and long-term engagement over short-term profits.
In a notable development within the DeFi space, Supras has introduced its iAssets system for liquid staking, allowing users to earn passive rewards while retaining asset usability. This innovation contrasts with the recent surge in AXS's value, highlighting the evolving landscape of crypto investments. For more details, see iAssets launch.
