Axelar Price (AXL)
Axelar Price (AXL)
1 AXL to USD Live Price:
Axelar Price Today
The live Axelar (AXL) price today is $ 0.098612, with a 9.63% change over the past 24 hours. The current AXL to USD conversion rate is $ 0.098612 per AXL.
Axelar currently ranks #- by market capitalization at $ 107,459,439, with a circulating supply of 1.09B AXL. During the last 24 hours, AXL traded between $ 0.098762 (low) and $ 0.11036 (high), reflecting market activity. Its all-time high stands at $ 2.64, while the all-time low was $ 0.099142.
In short-term performance, AXL moved -1.01% in the last hour and -27.26% over the past 7 days. Over the past day, total trading volume reached --.
Axelar (AXL) Market Information
The current Market Cap of Axelar is $ 107.46M, with a 24-hour trading volume of --. The circulating supply of AXL is 1.09B, with a total supply of 1225857283.105802. Its Fully Diluted Valuation (FDV) is $ 121.08M.
Axelar Price History USD
-1.01%
-9.62%
-27.26%
-27.26%
Axelar (AXL) Price History USD
During today, the price change of Axelar to USD was $ -0.01050796899151151.
In the past 30 days, the price change of Axelar to USD was $ -0.0280796683.
In the past 60 days, the price change of Axelar to USD was $ -0.0503660790.
In the past 90 days, the price change of Axelar to USD was $ -0.2383828063258113.
| Period | Change (USD) | Change (%) |
|---|---|---|
| Today | $ -0.01050796899151151 | -9.62% |
| 30 Days | $ -0.0280796683 | -28.47% |
| 60 Days | $ -0.0503660790 | -51.07% |
| 90 Days | $ -0.2383828063258113 | -70.73% |
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
How much is Axelar worth right now?
Axelar is currently trading at ₱5.77863880624897576000, with a price movement of -9.62% over the last 24 hours. This live price offers a snapshot of real-time market activity and investor sentiment.
Is AXL going up or down today?
AXL has shown a price movement over the last 24 hours, reflecting how the market is reacting to recent news, trading volume, and developments 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 ecosystem.
How popular is Axelar today?
The token has recorded ₱-- in 24-hour trading volume, indicating how many traders are actively buying or selling AXL.
What makes Axelar different from other crypto assets?
As part of 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 and built on the -- network, AXL offers a specific utility and role within its ecosystem, which may include payments, staking, governance, or application-specific use cases.
How much AXL exists in the market?
There are 1087943359.249472 tokens in circulation today, which helps determine the token's scarcity and overall market value.
What is Axelar's all-time high and low price?
The token's highest recorded price (ATH) is ₱154.7033469405072000, while its lowest point (ATL) is ₱5.80969667514233516000, offering important context for long-term investors evaluating price cycles.
People Also Ask: Other Questions About Axelar
Axelar (AXL) Important Industry Updates
| Time (UTC+8) | Type | Information |
|---|---|---|
| 12-17 00:11:27 | Industry Updates | Singapore Trade Finance Platform Olea Global Completes $30 Million Series A Funding Round, Led by BBVA |
| 12-16 10:14:00 | Industry Updates | SEC Chair: Cryptocurrency Could Become a 'Powerful Financial Surveillance' Tool, But Without Sacrificing Privacy |
| 12-15 15:51:37 | Industry Updates | UK Treasury is Developing New Regulations for the Crypto Market |
| 12-15 07:04:00 | Industry Updates | In the past 24 hours, total liquidations across the market reached $311 million, with long positions accounting for $265 million in liquidations |
| 12-14 19:51:38 | Industry Updates | 24-hour Spot Capital Inflow/Outflow Ranking: BTC Net Outflow of $151 Million, ETH Net Outflow of $42 Million |
| 12-14 15:58:11 | Industry Updates | This week, the crypto sector received $176 million in new funding, with total crypto funding exceeding $25 billion this year |
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