Market Report: Overview of the top 5 cryptocurrencies by percentage increase on January 22, 2026, with AXS leading the gains.

Gate News Bot Message, January 22, 2026. According to CoinMarketCap market data, the overall cryptocurrency market remains active, with strong performance in the GameFi sector, continued prosperity of the Meme coin ecosystem, and multiple projects experiencing price increases driven by ecosystem upgrades and favorable funding plans. The following are the top five performers in the past 24 hours:

1️⃣ AXS (Axie Infinity) 📈 Current Price: $2.63 | Change: +19.02% 📊 24H High/Low: $2.66 / $2.15 | Market Cap: $443,334,906.47 💡 Axie Infinity announced the launch of the bAXS application token mechanism and ecosystem incentive framework, converting the original AXS rewards into bAXS for players to use and stake within Axie Core to earn yields. This mechanism upgrade is seen as an important attempt to improve token utility. Meanwhile, the GameFi concept regained funding attention in early 2026, with some investors returning to established IPs, making Axie Infinity a top choice. Hyperliquid has launched an AXS/USDC perpetual contract supporting 5x leverage, further boosting trading activity.

2️⃣ CC (Canton) 📈 Current Price: $0.14 | Change: +13.97% 📊 24H High/Low: $0.14 / $0.12 | Market Cap: $5,530,610,836.45 💡 Canton’s treasury company Tharimmune (listed on NASDAQ) announced it will raise $55 million through stock registration, planning to issue 1.8 million common shares at $2.92 per share, with trading expected to complete on January 21. The funds will be used to expand digital asset management strategies. This financing news has strengthened market confidence in the development of the Canton ecosystem. Additionally, Gate has launched CC perpetual contracts for live trading, supporting 1-10x leverage.

3️⃣ MYX (MYX Finance) 📈 Current Price: $5.96 | Change: +12.50% 📊 24H High/Low: $6.26 / $5.30 | Market Cap: $1,501,292,932.84 💡 As an important project in the DeFi ecosystem, MYX Finance has attracted funding amid the overall positive crypto market, with increasing demand for its financial innovation products, driving steady price growth.

4️⃣ LIT (Lighter) 📈 Current Price: $1.80 | Change: +8.63% 📊 24H High/Low: $1.81 / $1.61 | Market Cap: $450,029,318.80 💡 Lighter launched the LIT staking feature, allowing users to stake LIT to participate in liquidity pools and earn LI rewards. Staking 100 LIT exempts users from withdrawal and transfer fees. Additionally, market maker fee rates will be adjusted, offering discounts to stakers. This ecosystem incentive upgrade has attracted investor attention. A whale on-chain, known as the “ultimate short,” recently closed a LIT short position with a profit of $55,000, indicating a easing of market bearish sentiment.

5️⃣ PUMP (Pump.fun) 📈 Current Price: $0.26 | Change: +8.00% 📊 24H High/Low: $0.27 / $0.24 | Market Cap: $937,840,328.11 💡 Pump.fun announced the launch of a $3 million Pump Fund startup fund, planning to invest $250,000 each into 12 projects via hackathons, marking a shift from a single Meme coin trading model to a more long-term Web3 entrepreneurial ecosystem. The project team has repurchased approximately $250 million worth of PUMP tokens, reducing the circulating supply by 19.449%, supporting a healthy token economy. Pump.game announced an airdrop of GAMES tokens to PUMP ecosystem users, further expanding the ecosystem.

📊 Market Summary The current cryptocurrency market shows a segmented upward trend, led by the GameFi sector due to the bAXS mechanism upgrade of Axie Infinity, with ecosystem tokens attracting funding through financial investment plans. DeFi and Meme coin ecosystems also maintain enthusiasm through feature optimization and incentive adjustments. Investors should be aware of liquidation risks, as several tokens still face potential whale position adjustments.

This message is not investment advice; please be cautious of market volatility risks.