Axelar Price (AXL)
Axelar Price (AXL)
1 AXL to USD Live Price:
Axelar Price Today
The live Axelar (AXL) price today is $ 0.076548, with a 3.03% change over the past 24 hours. The current AXL to USD conversion rate is $ 0.076548 per AXL.
Axelar currently ranks #- by market capitalization at $ 84,064,895, with a circulating supply of 1.10B AXL. During the last 24 hours, AXL traded between $ 0.073906 (low) and $ 0.077056 (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 -0.65% in the last hour and +4.70% over the past 7 days. Over the past day, total trading volume reached --.
Axelar (AXL) Market Information
The current Market Cap of Axelar is $ 84.06M, with a 24-hour trading volume of --. The circulating supply of AXL is 1.10B, with a total supply of 1227555561.503569. Its Fully Diluted Valuation (FDV) is $ 94.01M.
Axelar Price History USD
-0.65%
+3.03%
+4.70%
+4.70%
Axelar (AXL) Price History USD
During today, the price change of Axelar to USD was $ +0.00225326.
In the past 30 days, the price change of Axelar to USD was $ -0.0256920195.
In the past 60 days, the price change of Axelar to USD was $ -0.0387618021.
In the past 90 days, the price change of Axelar to USD was $ -0.22897154372590207.
| Period | Change (USD) | Change (%) |
|---|---|---|
| Today | $ +0.00225326 | +3.03% |
| 30 Days | $ -0.0256920195 | -33.56% |
| 60 Days | $ -0.0387618021 | -50.63% |
| 90 Days | $ -0.22897154372590207 | -74.94% |
Price Prediction for Axelar
In 2040, the price of Axelar could potentially see a growth of 0.00%. It could reach a trading price of $ --.
For real-time scenario projections and a more personalized analysis, users can utilize MEXC's Price Prediction Tool and AI Market Insights.
Want to know what price Axelar will reach in 2025–2026? Visit our Price Prediction page for AXL price predictions for the years 2025–2026 by clicking Axelar Price Prediction.
What is Axelar (AXL)
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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About Axelar
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 live price of Axelar?
The current valuation sits at $0.076548, showing a price movement of 3.03% over the last 24 hours.
How does market sentiment affect AXL?
Sentiment is shaped by macroeconomic conditions, industry news, and developments across the -- ecosystem. Positive sentiment often correlates with rising volume and short-term price increases.
What is Axelar's market cap and global rank?
With a market capitalization of $84064895, Axelar stands at rank #493, highlighting its influence and scale within the broader market.
What is the recent trading activity like?
AXL recorded $-- in 24-hour trading volume, demonstrating the level of active participation from global traders.
How volatile is AXL today?
The token's volatility is measured at --%, helping traders assess whether the market is experiencing stability or rapid fluctuations.
What is today's 24h trading range?
It moved between $0.073906 and $0.077056, indicating the intraday price strength.
What long-term factors influence Axelar?
Factors include circulating supply (1097715398.465741 tokens), adoption trends within 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, and overall traction of the -- network.
People Also Ask: Other Questions About Axelar
Axelar (AXL) Important Industry Updates
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|---|---|---|
| 01-04 22:28:00 | Industry Updates | This Week U.S. Spot Bitcoin ETF Cumulative Net Inflow Reached $459 Million |
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| 01-03 15:35:45 | Industry Updates | Yesterday, US Bitcoin spot ETFs saw net inflows of $471.3 million, while Ethereum ETFs recorded net inflows of $174.5 million |
| 01-03 00:24:01 | Industry Updates | Ethereum Network Single-Day Transaction Count Reached All-Time High on December 31, Hitting 1.87 Million Transactions |
| 01-02 21:28:13 | Industry Updates | US Bitcoin Spot ETF Saw Net Outflows of $4.57 Billion Over the Past Two Months |
| 01-02 16:30:28 | Industry Updates | Some Classic Altcoins and Meme Coins Rebound, PEPE and NEIRO Surge Over 20% |
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