BlockBeats news: On January 23, the Axie Infinity blockchain game's ecosystem tokens AXS and SLP have risen for several consecutive weeks. AXS has surged over 247% in the past 30 days, with its market capitalization reaching $748 million. SLP has increased by more than 42% in the past 30 days, with its market capitalization rising to $38.48 million.
The core driver behind this surge stems from a radical tokenomics reform introduced by Axie Infinity's developer, Sky Mavis, at the beginning of 2026:
· Starting January 7, completely stop SLP emissions under the Origins mode: This move directly cuts off the "farm-and-dump" cycle of automated bot farming, significantly reducing the daily new supply of SLP (reducing inflationary pressure by over 30%), effectively alleviating long-term selling pressure;
· Launch of bAXS (Bonded AXS, non-transferable bonded tokens): Replacing the previous freely tradable AXS game reward mechanism, the new tokens are bound to player accounts and can only be used for in-game consumption, staking, or governance. High-reputation players will pay lower transaction fees when selling, aiming to reward genuine players rather than short-term speculators. This further creates an expectation of supply contraction and helps curb the proliferation of bots.
These structural changes are considered the most significant economic model overhaul for Axie Infinity since its peak in 2021. Co-founder Jihoz emphasized that a "higher-risk" strategy will be adopted by 2026, including upcoming content updates such as the beta for the upcoming MMO Atia's Legacy, in an effort to revitalize player engagement and ensure ecological sustainability.