Axelar Price (AXL)

The live Axelar (AXL) price today is $ 0.0749, with a 1.25% change over the past 24 hours. The current AXL to USD conversion rate is $ 0.0749 per AXL.
Axelar currently ranks #- by market capitalization at $ 82,484,052, with a circulating supply of 1.10B AXL. During the last 24 hours, AXL traded between $ 0.074687 (low) and $ 0.078548 (high), reflecting market activity. Its all-time high stands at $ 2.64, while the all-time low was $ 0.067131.
In short-term performance, AXL moved -0.17% in the last hour and +0.83% over the past 7 days. Over the past day, total trading volume reached --.
The current Market Cap of Axelar is $ 82.48M, with a 24-hour trading volume of --. The circulating supply of AXL is 1.10B, with a total supply of 1228085986.905011. Its Fully Diluted Valuation (FDV) is $ 92.01M.
-0.17%
-1.25%
+0.83%
+0.83%
During today, the price change of Axelar to USD was $ -0.00094907513321229.
In the past 30 days, the price change of Axelar to USD was $ -0.0299769798.
In the past 60 days, the price change of Axelar to USD was $ -0.0418908434.
In the past 90 days, the price change of Axelar to USD was $ -0.11749523755254717.
| Period | Change (USD) | Change (%) |
|---|---|---|
| Today | $ -0.00094907513321229 | -1.25% |
| 30 Days | $ -0.0299769798 | -40.02% |
| 60 Days | $ -0.0418908434 | -55.92% |
| 90 Days | $ -0.11749523755254717 | -61.06% |
In 2040, the price of Axelar could potentially see a growth of 0.00%. It could reach a trading price of $ --.
Axelar delivers secure interchain communication. That means dApp users can interact with any asset, any application, on any chain, with one click. You can think of it as Stripe for Web3. Developers interact with a simple API atop a permissionless network that routes messages and ensures network security via proof-of-stake consensus.
Axelar is a blockchain that connects blockchains. To do this securely, Axelar network uses proof-of-stake consensus. Network validators produce new blocks, participate in multiparty signing and vote on external chain states. Tokenholders stake the AXL token, delegating tokens to a validator’s staking pool and receiving rewards, minus the validator’s commission.
The AXL token is used for governance and to pay network transaction fees to validators and tokenholders. However, users of the Axelar network do not need to hold the token. Conversions into AXL tokens and destination-chain tokens are handled on the back end, so that users need only pay gas once, in the source-chain token.
Axelar network rewards are “inflationary” — they increase the total supply of AXL — but there is potential for supply to become deflationary based on the transaction fee mechanic described above.
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What is Axelar Axelar powers the interchain future. Axelar is a programmable blockchain interoperability layer that spans all of Web3. That means application users can interact with any asset, any application, on any chain, with one click. You can think of it as Stripe for Web3. Developers interact with a simple API atop a permissionless network that routes messages and ensures network security via proof-of-stake consensus.
What Makes Axelar Unique?
Most cross-chain solutions are bridges, which carry risk in the form of wrapped tokens and weak security. Axelar is a blockchain that connects blockchains, providing a programmable interchain layer that is Turing-complete: it can support any logic. As such, Axelar delivers features other cross-chain providers cannot duplicate. For example, Axelar supports: - General Message Passing (GMP), allowing applications to compose functions across ecosystems, including Cosmos-EVM. - A full-featured block explorer, Axelarscan, with metrics to track interchain growth and activity. - One-time cross-chain deposit addresses that allow decentralized applications to onboard any token, with UX to rival that of centralized exchanges. - Axelar is built on proof-of-stake, the decentralized approach used by many of the chains it connects.Most other solutions are permissioned multisigs. History of Axelar Axelar was founded in 2020 by Algorand veterans Sergey Gorbunov and Georgios Vlachos. The white paper, released in 2021, pioneered ideas like arbitrary message passing cross-chain. Axelar's backers include Binance, Coinbase, Dragonfly, Galaxy and Polychain. In February, 2022, the network launched to mainnet. Since then, Axelar has integrated 36+ blockchains, including Cosmos and EVM. About 100 projects are building on top of the network from multiple ecosystems.
What’s Next for Axelar In February, 2023, at the Axelar-hosted Interop Summit at ETHDenver, Axelar announced the upcoming release of the Axelar Virtual Machine. Powered by Cosmwasm, the Axelar Virtual Machine turns interoperability into a programmable layer. It enables developers to write smart contracts on Axelar, while scaling their interchain deployments and “programming” the cross-chain networking layer.
What Can Axelar's Native Token ($AXL) be Used For?
To provide secure interoperability, Axelar network uses battle-tested proof-of-stake consensus. Network validators produce new blocks, participate in multiparty signing and vote on external chain states. As such, the native token $AXL has three important roles: 1) Tokenholders stake $AXL, delegating tokens to a validator’s staking pool and receiving rewards, minus the validator’s commission. 2) $AXL is used for governance, allowing stakers to exercise governance over proposals, such as a parameter change or protocol upgrade. 3) $AXL is used to pay network transaction fees to validators and tokenholders, but users of the Axelar network do not need to hold the token. Conversions into $AXL tokens and destination-chain tokens are handled on the back end via smart-contract logic, so that users need only pay gas once, in the source-chain token. To learn more about Axelar, please check out the following articles: The AXL Token & the Interchain Future
What Is General Message Passing and How Can It Change Web3?
These Growth Metrics are Replacing TVL on Axelar & Across the Interchain
What is the current price of Axelar?
Trading at $0.0749, Axelar has shown a price movement of -1.25% over the last 24 hours.
How does token supply impact AXL's valuation?
Supply plays a major role: with 1100934106.297787 tokens in circulation, scarcity or inflation can significantly affect price behavior over long horizons.
What is the market cap of Axelar?
Its market capitalization is $82484052, ranking #497 globally and indicating the scale of network adoption.
What's the 24h trading activity?
AXL recorded $-- in trading volume, demonstrating current liquidity and user activity.
What is the 24h price range?
It has moved between $0.074687 and $0.078548, helping investors evaluate short-term momentum.
How does Axelar fit within the Infrastructure,BNB Chain Ecosystem,Avalanche Ecosystem,Polygon Ecosystem,Fantom Ecosystem,Arbitrum Ecosystem,Moonbeam Ecosystem,Ethereum Ecosystem,Optimism Ecosystem,Interoperability,Bridge Governance Tokens,Base Ecosystem,Osmosis Ecosystem,Cross-chain Communication,Secret Ecosystem,Galaxy Digital Portfolio,Polychain Capital Portfolio,Made in USA,CoinList Launchpad category?
As a Infrastructure,BNB Chain Ecosystem,Avalanche Ecosystem,Polygon Ecosystem,Fantom Ecosystem,Arbitrum Ecosystem,Moonbeam Ecosystem,Ethereum Ecosystem,Optimism Ecosystem,Interoperability,Bridge Governance Tokens,Base Ecosystem,Osmosis Ecosystem,Cross-chain Communication,Secret Ecosystem,Galaxy Digital Portfolio,Polychain Capital Portfolio,Made in USA,CoinList Launchpad token, AXL competes with similar assets based on utility, supply, adoption, and performance trends.
What long-term tokenomics trends matter?
Emissions, burns, unlock schedules, and staking rewards—often tied to -- economics—can affect future supply and market confidence.
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