Axelar Price (AXL)
Axelar Price (AXL)
1 AXL to USD Live Price:
Axelar Price Today
The live Axelar (AXL) price today is $ 0.119954, with a 14.46% change over the past 24 hours. The current AXL to USD conversion rate is $ 0.119954 per AXL.
Axelar currently ranks #- by market capitalization at $ 130,585,000, with a circulating supply of 1.09B AXL. During the last 24 hours, AXL traded between $ 0.118835 (low) and $ 0.14035 (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 -0.08% in the last hour and +7.55% over the past 7 days. Over the past day, total trading volume reached --.
Axelar (AXL) Market Information
The current Market Cap of Axelar is $ 130.59M, with a 24-hour trading volume of --. The circulating supply of AXL is 1.09B, with a total supply of 1225846741.72157. Its Fully Diluted Valuation (FDV) is $ 147.26M.
Axelar Price History USD
-0.08%
-14.45%
+7.55%
+7.55%
Axelar (AXL) Price History USD
During today, the price change of Axelar to USD was $ -0.0202719503173606.
In the past 30 days, the price change of Axelar to USD was $ -0.0178716705.
In the past 60 days, the price change of Axelar to USD was $ -0.0493772288.
In the past 90 days, the price change of Axelar to USD was $ -0.20265531645747287.
| Period | Change (USD) | Change (%) |
|---|---|---|
| Today | $ -0.0202719503173606 | -14.45% |
| 30 Days | $ -0.0178716705 | -14.89% |
| 60 Days | $ -0.0493772288 | -41.16% |
| 90 Days | $ -0.20265531645747287 | -62.81% |
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 current trading price of Axelar?
Axelar (AXL) is currently priced at $0.119954 USD, reflecting a price movement of -14.45% over the last 24 hours. This price represents the latest aggregated market rate across major exchanges and updates continuously based on live market activity.
What factors are influencing Axelar's price movement today?
The recent price movement over the last 24 hours is shaped by a combination of market sentiment, liquidity fluctuations, and category-wide performance 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 sector. Broader economic trends and on-chain activity on -- may also contribute to short-term volatility.
How strong is the trading interest in AXL?
Investors have generated $-- in 24-hour trading volume, signaling active participation. Higher volume typically indicates increased confidence and better price discovery.
What is Axelar's position in the global crypto market?
It currently holds market rank #361 with a market capitalization of $130585000, placing it among the more established assets within its sector.
What does the circulating supply tell us about AXL?
With 1087037700.835064 tokens in circulation, the supply level plays a major role in determining scarcity, long-term inflation, and market valuation.
How does today's price compare to Axelar's recent performance?
The price range between $0.118835 and $0.14035 over the last 24 hours highlights its intraday volatility and helps traders evaluate short-term price opportunities.
How does Axelar stack up against similar assets?
Against 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, AXL continues to show competitive performance, supported by steady volume and consistent interest from both retail and institutional participants.
People Also Ask: Other Questions About Axelar
Axelar (AXL) Important Industry Updates
| Time (UTC+8) | Type | Information |
|---|---|---|
| 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 |
| 12-12 15:52:17 | Industry Updates | Data: Bitcoin whales have sold or transferred 36,500 BTC this month |
| 12-12 08:40:19 | Industry Updates | US SEC Chairman: Crypto Currency Working Group to Host Roundtable on May 15 to Discuss Policy Issues Related to Financial Monitoring and Privacy |
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