Axie Infinity’s AXS token climbed 39% in the last 24 hours and over 50% in the past week, while trading volume surged to $326 million. The price is now testing the upper boundary of a long-running descending channel near $1.50, a level that could open the door to further upside or trigger a pullback if bears step in.

A large ADA holder opened more than ten long positions around $0.38 after depositing $7.9 million USDC to Hyperliquid, according to Onchain Lens. The whale acquired 6.46 million ADA (~$2.50 million) as daily volume topped $600 million. Oversold metrics include a 0.659 bubble risk and an 86% drawdown from ATH, with resistance at $0.43.

Humanity Protocol’s H jumped over 10% in the last 24 hours, backed by a 148% spot-volume surge and Open Interest above $100 million. Binance Alpha contributed 81% of spot activity and held a 565 liquidity score, while holders climbed to 31.26k and market cap hit $470 million. A 25 January unlock of about 105 million H could curb momentum.

MOVE climbed over 15% after Hyperliquid added the token to its spot market, enabling collateral use for perpetual trading and coinciding with a 515% jump in daily volume. Long liquidations neared $4 million versus $2.67 million in shorts with leverage up to 50x. Weekly transactions totaled 4.2 million even as monthly active addresses fell 31% to 14.8K.

OP led Layer 2 tokens with a gain of more than 13% as trading volume jumped over 140% to above $200 million. It ranked fifth among the top 100 coins by performance, while Optimism's network activity strengthened since 2025, with daily transactions surpassing 2.5 million and the cumulative count at 921.9 million.

MYX Finance rose around 11 percent over the last 24 hours, according to CoinMarketCap, and pushed above a key $4 breakout level after moving sideways since 11 October. DeFiLlama data showed the DEX had more than $1.92 billion in prior week perpetuals volume and a TVL recovery from $27 million in December to about $33 million.

Ethereum was trading near $3,092 with little 24-hour movement as large-scale staking, short liquidity and whale activity began to reshape its outlook for Q1 2026. SharpLink Gaming added to its 864,840 ETH treasury and restaked about $170 million on Linea, while heavy shorts around $3,400 and sizable leveraged whale positions increased the chance of a squeeze and further upside. However, very low transaction fees highlighted weak on-chain demand, meaning a confirmed breakout and retest would still be needed before ETH could realistically push toward $4,400.

In the first week of January 2026, USELESS touched $0.12, then fell over 12% in the past 24 hours after losing an ascending trendline. According to Solscan, Wintermute and Coinbase moved over $600K to hot wallets, while Kraken sent $194K to a cold wallet. CoinGlass reported OI sliding from $40M to $33M and volume from $122M to $82M.

Uniswap's governance timelock transferred 5 million UNI, valued at about $30 million, to a new wallet, raising questions on future selling pressure or deflationary action. UNI is trading above a key $5.70 support, with traders watching a potential breakout over $6.25 that could open a move toward $9, while annualized fees near $23 million highlight sustainability concerns against its $5.4 billion FDV.