Schlagwort: crypto business

• AXS price jumped more than 12% to above $2.50 on January 26, 2026.
• The gains saw Axie Infinity outpace the broader gaming sector.
• WEMIX and Ronin also rose, but top tokens like The Sandbox and Immutable were flat.

Axie Infinity’s native token, AXS, has surged by double digits in the past 24 hours, extending its recent gains.

The uptick also marked a notable rebound for the gaming token, after prices revisited support around $2.00 over the weekend. All this happens as investors weigh opportunities in a largely subdued cryptocurrency market.

Gold rocketed to record highs above $5,000 and silver rallied above $100, moves that have stolen the shine from crypto, with Bitcoin labouring under $90,000.

Axie Infinity price jumps 12%

The overall crypto picture portends caution, and capital flight shows this as seen in recent weeks. However, even as whales pile into precious metals, some altcoins like Axie Infinity are defying immediate sentiment.

On Monday, AXS climbed by more than 12% to hit highs of $2.54.

This double-digit spike over the past 24 hours allowed buyers to attempt a retest of $3.00, which also acted as a hurdle when Axie Infinity exploded last week.

However, while AXS delivered a strong double-digit performance, most gaming sector tokens exhibited minimal movement. Most remained flatlined or dipping slightly, including The Sandbox, Gala, Decentraland and Immutable.

Exceptions to this include WEMIX, which saw gains of around 5% in the same period, and Ronin (RON), which was posting modest gains of about 6% amid low overall activity.

The broader gaming category is still recovering from the last cycle’s challenges. Crypto analyst Zack shared reasons why the Axie Infinity price is surging in a post on X.

$AXS ripping higher feels ironic — it’s the exact ecosystem most people had already written off.
So what actually flipped the script?
– SLP inflation finally shut down
– bAXS introduced as the new reward layer (non-transferable, reputation-based, anti-bot by design)
– Atia’s… pic.twitter.com/qUjUTrlQBC

— Zack (@0xZackon) January 26, 2026

Can AXS hold onto gains?

Axie Infinity’s momentum stems from ongoing ecosystem updates and whale accumulation, positioning it ahead in the GameFi revival.

Yet, sustained holding depends on macroeconomic factors and sector-wide adoption. Investors will eye upcoming developments for confirmation of this rally’s longevity.

The technical outlook for AXS, therefore, remains cautiously optimistic in the short term, with resistance levels near the $2.90-$3.00 and at $5.10 levels.

AXS bulls may target these levels next, provided price holds above $2.00.

However, a downside flip looms if broader crypto sentiment sours further, potentially testing lower support zones. Key support levels lie at $1.86 and $1.20.

The bearish outlook strengthens with indicators such as the negative MACD and RSI. Currently, the momentum indicators signal sell-off pressure. Profit-taking by recent buyers also poses a risk.

AXS price reached highs of $10 in January 2025, before plummeting sharply. Meanwhile, the all-time high for the token is $165, which it reached in November 2021.

The post AXS price pumps 12% as Axie Infinity outpaces gaming sector tokens appeared first on CoinJournal.

• Algorand price rose nearly 9% to above $0.12.
• The token posted a sharp rebound from weekly lows amid a fresh daily volume spike.
• Buyers could target $0.20 next, but profit-taking is likely.

Algorand is among the altcoins to post slight gains on Monday as top coins faced downward pressure.

The ALGO token, which touched lows of $.011 on Sunday, jumped to near $0.13 amid a notable volume-driven recovery.

Bulls are likely to fancy continuation from their weekly trough.

As data from CoinMarketCap shows, ALGO has climbed by over 9% in the past 24 hours, erasing much of the prior week’s losses. Daily volume was up 170% to over $69 million.

However, while buyers have pushed prices above $0.12, they remain well off monthly highs near $0.15.

Sentiment is capped within the confines of what is happening around the broader market.

Crypto analysts at QCP Group shared insights on how investors currently view the ecosystem.

“The pressure looks macro-led rather than crypto-native, with tariff rhetoric, US fiscal brinkmanship and renewed nerves around potential US-Japan action to steady the yen stacking into a familiar cocktail of uncertainty and de-risking,” the analysts noted.

According to the platform, the week is laden with key events to watch.

Apart from the looming US government shutdown, other factors are major tech earnings and the Fed decision expected this midweek.

They believe volatility will likely stay sticky and broader price action “choppy until macro clarity improves.”

Algorand price gains amid key developments

There’s no momentum building across the broader cryptocurrency market, with Bitcoin’s struggle below $90,000 key to the downbeat sentiment.

But recent developments seem to have pointed buyers towards the layer-1 token ALGO.

Increased transaction throughput, developer adoption, and network activities, like Algorand’s Verifiable Random Function, all give bulls an upper hand.

VRF offers a cryptographic feature enabling secure, tamper-proof randomness for decentralized applications like gaming, lotteries, and NFTs.

The team recently announced a major impact of VRF in a post on X.

ALGO price forecast

Technical indicators, such as a Relative Strength Index (RSI) upsloping from oversold conditions, suggest a bullish rebound is likely.

The Moving Average Convergence Divergence (MACD) indicator shows bears remain in sight.

However, the histogram is signalling weakening bearish momentum, and also shows a potential bullish crossover on the daily chart.

The 50-day exponential moving average sits at $0.129 and is the first resistance level.

If prices break above $0.15, continuation above $0.20 could open up a path to yearly highs of $0.40.

Short-term, the outlook might include pullbacks amid profit-taking. The zone around $0.11 to $0.10 is critical to the bulls’ ambition.

The post Algorand price bounces on 170% volume surge appeared first on CoinJournal.

• Solana price hovered near $122 on January 26, 2026.
• ETFs’ inflows fail to influence SOL price.
• Technical indicators signal a bearish continuation and likely dump to $100.

Solana’s price has faced mounting downward pressure, with SOL failing to hold onto gains seen at the start of the year.

On January 26, the altcoin traded around $122, down on the day and in tandem with the broader cryptocurrency market struggles.

While River (RIVER) skyrocketed, and Algorand flipped green, Solana aligned with Bitcoin, Ethereum and XRP’s latest price struggles.

The SOL token changed hands nearly 8% down from the prior week, losses that persist despite positive institutional signals.

Analysts are largely bullish, but the overall bearish trend concerns a potential short-term dump to the critical $100 support level.

Solana continues to attract institutional interest

SOL’s price dip comes as top coins shed capital from various investment products.

But despite institutional investors showing selective enthusiasm last week amid a $1.73 billion outflow hole, Solana stood out as one of those to record inflows.

According to CoinShares’ report, investors still put over $17 million in SOL products, including a spot exchange-traded fund.

Bitcoin saw over $1 billion in outflows in the same period.

Digital asset investment products recorded US$1.73B in outflows last week.@Bitcoin, @ethereum and XRP (@Ripple) all saw outflows totalling US$1.09B, US$630M and US$18.2M respectively, highlighting negative sentiment was broad-based. @solana bucked this trend with inflows of… pic.twitter.com/tefIwdc2zW

— CoinShares (@CoinSharesCo) January 26, 2026

A week earlier, digital asset products recorded $2.17 billion in inflows, with Solana attracting over $45.5 million.

“Dwindling expectations for interest rate cuts, negative price momentum and disappointment that digital assets have not participated in the debasement trade yet have likely fuelled these outflows,” said James Butterfill, head of research at CoinShares.

The Solana-specific interest highlights its appeal amid broader market caution.

However, bulls have failed to stem the price slide from highs of $133 in the past week.

Factors like profit-taking after 2025 highs and macroeconomic headwinds appear to override these inflows, keeping SOL within a bearish hold.

SOL price prediction: Bears eye $100

With price touching the psychological support level of $120 again, analysts say bears could target $100 next.

Sellers last hovered in this region in April 2025, with the bounce that followed pushing prices to above $200.

The downtrend risks such an extended move, and technical indicators reinforce the overall bearish outlook.

For instance, the MACD displays negative momentum and histogram divergence signaling further downside.

Elsewhere, the daily RSI hovers neutral in the 40-46 bracket. Although not decisively oversold, it’s not supportive of a quick rebound.

Price could drop lower if the pressure exposes buyers to key levels around $118 and $112 if profit hunters take out the $120 mark.

Network fundamentals remaining robust is a play for buyers, both in the short-term and long-term. In this case, a sustained rebound above $130 could accelerate gains toward $150-$180.

The price level of $200 is the main target.

The post Solana price prediction: SOL risks drop to $100 despite institutional inflows appeared first on CoinJournal.