Axelar Price (AXL)
Axelar Price (AXL)
1 AXL to USD Live Price:
Axelar Price Today
The live Axelar (AXL) price today is $ 0,134276, with a 11,92% change over the past 24 hours. The current AXL to USD conversion rate is $ 0,134276 per AXL.
Axelar currently ranks #- by market capitalization at $ 146 152 973, with a circulating supply of 1,09B AXL. During the last 24 hours, AXL traded between $ 0,119977 (low) and $ 0,155998 (high), reflecting market activity. Its all-time high stands at $ 2,64, while the all-time low was $ 0,106074.
In short-term performance, AXL moved -3,49% in the last hour and +17,77% over the past 7 days. Over the past day, total trading volume reached --.
Axelar (AXL) Market Information
The current Market Cap of Axelar is $ 146,15M, with a 24-hour trading volume of --. The circulating supply of AXL is 1,09B, with a total supply of 1225848030.663198. Its Fully Diluted Valuation (FDV) is $ 164,95M.
Axelar Price History USD
-3,49%
+11,92%
+17,77%
+17,77%
Axelar (AXL) Price History USD
During today, the price change of Axelar to USD was $ +0,01429878.
In the past 30 days, the price change of Axelar to USD was $ -0,0189606574.
In the past 60 days, the price change of Axelar to USD was $ -0,0597407620.
In the past 90 days, the price change of Axelar to USD was $ -0,2003614120216676.
| Period | Change (USD) | Change (%) |
|---|---|---|
| Today | $ +0,01429878 | +11,92% |
| 30 Days | $ -0,0189606574 | -14,12% |
| 60 Days | $ -0,0597407620 | -44,49% |
| 90 Days | $ -0,2003614120216676 | -59,87% |
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
Which blockchain network does Axelar run on?
Axelar operates on the -- network, which defines how transactions are processed, the speed of confirmations, and overall security. The chain also determines compatibility with wallets, dApps, and smart contract standards.
What is the current price of AXL?
The token is priced at $0.134276, marking a price movement of 11.91% over the last 24 hours. Price updates are aggregated from leading global exchanges in real time.
What category does Axelar belong to?
Axelar falls under 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 category. This classification helps investors compare AXL with similar assets in the same sector, such as DeFi, meme, Layer-1, Layer-2, or AI tokens.
What is the market capitalization of Axelar?
Its market capitalization is $146152973, placing the asset at rank #343. Market cap provides a broad measure of size, adoption, and investor confidence.
How much supply of AXL is currently circulating?
There are 1086142352.38158 tokens circulating in the market. This amount directly influences supply-demand balance, price discovery, and inflation expectations.
How active is trading for Axelar today?
Over the past day, AXL generated $-- in trading volume. Strong volume often indicates heightened market interest or reactions to recent news.
How does the price today compare to recent highs and lows?
Within the last 24 hours, Axelar fluctuated between $0.119977 and $0.155998, giving traders insight into short-term volatility and potential breakout zones.
People Also Ask: Other Questions About Axelar
Axelar (AXL) Important Industry Updates
| Time (UTC+8) | Type | Information |
|---|---|---|
| 12-11 23:34:08 | Industry Updates | Robinhood: November Crypto Asset Nominal Trading Volume Drops to $28.6 Billion |
| 12-11 12:45:46 | Industry Updates | Crypto Fear Index Rises to 29, Reaching the Highest Level in Nearly 1 Month |
| 12-11 05:26:07 | Industry Updates | $343 million liquidated across the market in the past 24 hours, mainly short positions |
| 12-10 15:28:09 | Industry Updates | Crypto Fear Index Rises to 22, Market Remains in "Extreme Fear" State |
| 12-10 15:15:10 | Industry Updates | Yesterday, Bitcoin ETF saw a net inflow of $151.9 million, while Ethereum ETF saw a net inflow of $177.7 million |
| 12-10 09:12:14 | Industry Updates | Crypto Fear Index Rises to 26, Escaping the "Extreme Fear" Zone |
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