Axelar current market price is $0.342 with a 24 hour trading volume of $13.73M. The total available supply of Axelar is 1.21B AXL. It has secured Rank 226 in the cryptocurrency market with a marketcap of $345.47M. The AXL price is 0.23% up in the last one hour.
The high price of the Axelar is $0.368 and low price is $0.333 in the last 24 hours. Live prices from all markets and coin market Capitalization. Stay up to date with the latest price movements. Check our coin stats data and see when there is an opportunity to buy or sell at best price in the market.
226
$0.342
$345.47M 5.77%
$413.75M
$13.73M
1.01B AXL
1.21B AXL
(Not Available)
$0.368
$0.333
$2.64 87.07%
01 Mar 2024
$0.275 24.45%
07 Apr 2025
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0.23%
5.93%
20.25%
9.8%
8.5%
5.73%
43.64%
43.73%
No historical data available for .
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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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