GameFi Market Cools Amidst Axie Infinity's Tokenomics Shift and Pixiland's Web3 Pause
ByAinvest
Friday, Jan 16, 2026 11:33 am ET1min read
AXS--
The GameFi market cooled this week after a strong start to January, with Axie Infinity's AXS token logging sharp swings and another blockchain game abandoning Web3 altogether. The total GameFi market capitalization fell about 2% WoW to around $9.35 billion. Axie Infinity plans to transition rewards to a new app token, bAXS, while World of Dypians (WOD) lost most of its gains, down nearly 40% on the week. Pixiland dropped Web3 features and the project's market cap declined.
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