Axelar Price (AXL)

The live Axelar (AXL) price today is $ 0,124031, with a 5,12% change over the past 24 hours. The current AXL to USD conversion rate is $ 0,124031 per AXL.
Axelar currently ranks #- by market capitalization at $ 134.732.228, with a circulating supply of 1,09B AXL. During the last 24 hours, AXL traded between $ 0,12203 (low) and $ 0,132019 (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 +0,25% in the last hour and +5,08% over the past 7 days. Over the past day, total trading volume reached --.
The current Market Cap of Axelar is $ 134,73M, with a 24-hour trading volume of --. The circulating supply of AXL is 1,09B, with a total supply of 1225848591.690251. Its Fully Diluted Valuation (FDV) is $ 152,19M.
+0,25%
-5,11%
+5,08%
+5,08%
During today, the price change of Axelar to USD was $ -0,0066878406329392.
In the past 30 days, the price change of Axelar to USD was $ -0,0289725129.
In the past 60 days, the price change of Axelar to USD was $ -0,0561633949.
In the past 90 days, the price change of Axelar to USD was $ -0,2102312163987161.
| Period | Change (USD) | Change (%) |
|---|---|---|
| Today | $ -0,0066878406329392 | -5,11% |
| 30 Days | $ -0,0289725129 | -23,35% |
| 60 Days | $ -0,0561633949 | -45,28% |
| 90 Days | $ -0,2102312163987161 | -62,89% |
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 live price of Axelar?
Axelar is trading at ₱7.30502552780796900000, showing a price movement of -5.11% over the last 24 hours. This real-time figure reflects combined input from multiple spot markets.
How volatile is AXL today?
The price volatility of AXL within the past 24 hours is --%. Higher volatility suggests rapid price changes, while lower volatility indicates stability.
What is the 24-hour trading range for Axelar?
The token fluctuated between ₱7.1871730870379700000 (low) and ₱7.77549294253598100000 (high). Traders often use this to evaluate daily momentum and market strength.
How much trading volume has AXL generated?
In the last 24 hours, AXL accumulated ₱-- in trading activity, showing how actively the market is engaging with this asset.
How does the current price compare to its ATH and ATL?
The all-time high is ₱155.4874780773600000, and the all-time low is ₱6.24741619302192600000. Comparing current price to these levels helps traders understand long-term cycles.
How strong is market liquidity for Axelar?
Liquidity strength is rated at --/100, indicating order book depth and ease of execution during active trading sessions.
How does AXL compare to other 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 tokens?
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 category, AXL shows competitive performance, supported by ₱-- in liquidity and ongoing interest from traders.
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