AXS and SLP See Continuous Growth for Weeks! Axie Infinity Introduces Aggressive Economic Model Reform

January 23: AXS and SLP—tokens from the Axie Infinity play-to-earn blockchain game—have been climbing steadily for weeks. Over the past 30 days, AXS has jumped more than 247% and hit a market cap of $748 million, while SLP has surged over 42% to $38.48 million in market capitalization. The main catalyst for the rally is the aggressive tokenomics overhaul rolled out by Axie Infinity developer Sky Mavis in early 2026: - Starting January 7, SLP emissions in the Origins mode were fully halted: This cut off the "farm-and-dump" cycle driven by automated bots, sharply reducing SLP’s daily new supply (lowering inflationary pressure by over 30%) and easing long-term selling pressure. - Launch of bAXS (Bonded AXS, a non-transferable token): Replaced the original freely tradable AXS reward system. The new token is tied to player accounts and only usable for in-game purchases, staking, or governance. High-reputation players face lower selling fees, designed to reward genuine users over short-term speculators—further creating an expected supply shortage and curbing bot activity. These structural changes mark the biggest overhaul of Axie Infinity’s economic model since its 2021 peak. Co-founder Jihoz noted that 2026 will see a "higher-risk" strategy, including upcoming content like the *Atia’s Legacy MMO Beta*, to boost player engagement and ecosystem sustainability.