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Axelar

Axelar
1 AXL =
 $ 0.63
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Market Capitalization:
92.36M $
Circulating supply:
145.67M AXL
Maximum:
1.04B AXL
Volume (24h):
1.66M $
Daily range:
0.63 - 0.66
Changes (7d):
+3.65%

Cryptocurrency Axelar (AXL)

The price for Axelar (AXL) cryptocurrency is currently 0.63 $ (15 min delay), daily range of currency change is 0.63 - 0.66 .
Last 24 hours news: trading volume - 1.66M $, price variance -1.46% .
The highest trading volume belongs to the pair AXL/USDT at the Binance exchange

Project Website - https://axelar.network/
Explorer of transactions - https://axelarscan.io/
Twitter Account - https://twitter.com/axelarnetwork

Chart Axelar (AXL)

Current price Axelar (axl) 0.63 $
Market Capitalization 774.00M $
Trading Volume last 24h 14.45M $
Minimum exchange rate (24h) 1.21 $
Maximum exchange rate (24h) 1.29 $
Market cap rank № 121
Absolute maximum 2.64 $
Absolute minimum 0.31 $

Axelar Quotes

#
Exchange
Pair
Price
Spread
Volume
Last traded
1
1.21 $
1.21$
0.04% 6.54M $ 2024-04-24 15:26:12
2
1.22 $
1.22$
0.6% 3.41M $ 2024-04-24 15:00:50
3
HTX HTX
1.21 $
1.21$
0.18% 1.64M $ 2024-04-24 15:27:57
4
1.21 $
1.21$
0.11% 696.95K $ 2024-04-24 15:25:20
5
1.21 $
1.21$
0.02% 570.62K $ 2024-04-24 15:26:41

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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By value
#
Name
Ticker
Price (USD)
1
0.63 $
0.63 $
2
0.63 $
0.63 $
3
0.63 $
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4
0.63 $
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5
0.63 $
0.63 $