Axelar Price (AXL)

Price of Axelar (AXL) Today

The live price of Axelar (AXL) today is 0.793507 USD. It has a current market cap of $ 701.46M USD. AXL to USD price is updated in real-time.
Key Axelar Market Performance:
- 24-hour trading volume is $ 15.71M USD
- Axelar price change within the day is -2.04%
- It has a circulating supply of 883.99M USD

Get real-time price updates of the AXL to USD price on MEXC. Stay informed with the latest data and market analysis. It is essential for making smart trading decisions in the fast-paced cryptocurrency market. MEXC is your go-to platform for accurate AXL price information.

Axelar (AXL) Price Performance in USD

During today, the price change of Axelar to USD was $ -0.0165807151593079.
In the past 30 days, the price change of Axelar to USD was $ -0.0321018017.
In the past 60 days, the price change of Axelar to USD was $ +0.0690163028.
In the past 90 days, the price change of Axelar to USD was $ +0.097433518036563.

Axelar (AXL) Price Analysis

Discover the latest price analysis of Axelar: 24h Low & High, ATH and daily changes:

Axelar (AXL) Market Information

Dive into the market statistics: market cap, 24h volume, and supply:

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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Disclaimer

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