Axie Infinity Shard

24h change: +2.00%. From $1.15 to $1.17.

• Ronin completed a hard fork on May 12 to migrate from an independent sidechain to a full Ethereum L2 built on the OP Stack. The move allows it to inherit Ethereum security following the 2022 bridge exploit and introduces a proof of distribution model. Annual RON inflation was reduced by 89 percent to under 1 percent with tokens redirected to the treasury and marketplace fees increased. The changes aim to improve scalability, reduce costs and support the long-term health of the Axie Infinity ecosystem and other games on the network.
• Axie Infinity announced bAXS, a bonded version of the AXS token, to be airdropped to eligible stakers and used for gameplay rewards and ecosystem activity. The design includes mechanisms like variable sell fees paid to the treasury that decrease for long-term participants. This forms part of broader economic restructuring to reduce sell pressure and excessive emissions. The update contributed to price rallies earlier in 2026 before the token consolidated.