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Axelar Price

$ 0.0447(0.00%)
AXL Price Chart
Axelar Market Information
$ 2.6400
0.00%
0.00%
0.00%
375
35,503,986.93
$ 55,323,430.02
1,237,660,626.98
Information
Issue Date2022-03-10
Initial Offering Price--
Max Supply
0.00
Circulating Supply1,237,660,626.98
Listed Exchanges8
Incentive Mechanism
Encryption Algorithm--
Axelar Price History
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Over the past year, the Axelar price has decreased by 0.00%. During this period, the highest price of Axelar against USD was -- and the lowest price of Axelar against USD was --.
TimeChangeHighLow
24H0.00%----
7D0.00%----
30D0.00%----
All0.00%----
Axelar All-Time High Price
About Axelar

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.

Axelar News
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Learn
What is Axelar? How Does Axelar Work with Bitcoin?
Martha Grizzard
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What is WAXL? Why Is It Important For The Future of Web3?
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Frequently Asked Questions
What Is The Current Price of Axelar?
The live price of Axelar is 0.0447 USDT. Because cryptocurrency markets trade 24 hours a day, 7 days a week, the price of Axelar fluctuates constantly. You can track Axelar's live market price and historical data on BitKan.
Can I Buy Axelar on BitKan?
Yes. Axelar is available to trade on BitKan. For more details, please refer to our handy How to Buy Axelar guide.
How Can I Stay Updated on Axelar's Latest Price and News?
You can track Axelar's latest developments directly on this page. To receive real-time updates, you can: 1. Add Axelar to your BitKan portfolio watchlist and enable push notifications via the BitKan app. 2. Follow Axelar's official X account for project announcements.
Why Does The Price of Axelar Go UP and Down?
The price of Axelar is influenced by a combination of supply and demand dynamics, market sentiment, and broader macroeconomic factors. Key drivers include: Market sentiment: News coverage, social media trends, and institutional adoption announcements can trigger rapid price swings. Regulatory developments: Policy changes in major markets directly impact investor confidence and trading volume. On-chain activity: Metrics such as daily active addresses / transaction volume / TVL reflect real network usage, which often correlates with price movements. Tools such as the Fear & Greed Index, exchange net flows, and Axelar's official roadmap updates can help you anticipate potential market moves.
How Do I Store Axelar?
You have two storage options to choose from: Custodial wallet (on BitKan): Convenient and beginner-friendly. Your assets are secured by BitKan's enterprise-grade security infrastructure. Self-custody wallet (e.g., MetaMask): You hold your own private keys, giving you full control. Recommended for long-term holdings. Whichever option you choose, always enable two-factor authentication (2FA) and never share your private keys or seed phrase with anyone.