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About AXL

Axelar (AXL) is a cryptocurrency launched in 2022. AXL has a current supply of 1.15Bn with 664.59M in circulation. The last known price of AXL is 1.04 USD and is 0.066772123249 over the last 24 hours. It is currently trading on active market(s) with $14.83M traded over the last 24 hours. More information can be found at https://axelar.network/.

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AXL Price Statistics
AXL’s Price Today
24h Price Change
+$0.0667721232496.83%
24h Volume
$14.83M33.52%
24h Low / 24h High
$0.36462414 / $0.37635492
Volume / Market Cap
0.02135882197
Market Dominance
0.03%
Market Rank
#126
AXL Market Cap
Market Cap
$694.19M
Fully Diluted Market Cap
$1.20Bn
AXL Price History
7d Low / 7d High
$0.32730431 / $0.39275772
All-Time High
$1.14Sep 28, 2022
All-Time Low
$0.32730431Jul 10, 2023
AXL Supply
Circulating Supply
664.59M
Total Supply
1.15Bn
Max Supply
0
Updated May 21, 2024 2:29 am
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AXL
Axelar
$1.04
$0.066772123249(+6.83%)
Mkt Cap $694.19M
There's nothing here for now

Frequently Asked Questions

  • What Is Axelar (AXL)?

    Axelar claims to deliver “secure cross-chain communication for Web3.” The project provides a decentralized network and tools to help builders of decentralized applications (dApps) with seamless cross-chain communication through its protocol suite, tools and APIs.

    Axelar features three core components – a decentralized network, a software development kit of protocols and APIs, and a set of gateway smart contracts for cross-chain connectivity.

    Powered by a decentralized network of validators, anyone can join the network, build on it, or use it. Apps builders can interact with a simple API atop a permissionless network that routes messages and ensures network security via proof-of-stake (PoS) consensus mechanism.

    AXL is the native token of the Axelar network. The protocol also supports the cross-chain transfer of several native tokens via their wrapped ERC-20 versions, including AVAX (Avalanche), ETH (Ethereum), FTM (Fantom), GLMR (Moonbeam), and MATIC (Polygon).

    Meanwhile, Axelar has raised capital from top-tier investors, including Binance, Coinbase Ventures, Dragonfly Capital, Polychain Capital and others.

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  • Who Are the Founders of Axelar?

    The blockchain platform was launched in 2020 by Georgios Vlachos and Sergey Gorbunov, both part of the founding team at Algorand. While Georgios designed the Algorand consensus protocol, Sergey led the effort to standardize BLS signatures, a standard that is now adopted as a draft in CFRG and was followed by Ethereum 2.0 implementations and others.

    Sergey is an assistant professor at the University of Waterloo in Canada.

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  • What Makes Axelar Unique?

    One thing that sets Axelar apart is its secure cross-chain communication over a dynamic validator. While a handful of projects are using optimistic setups and federated multi-sig, Axelar claims to be the only network building these capabilities on Proof-of-Stake.

    Furthermore, the blockchain project has built protocols, APIs, and developer tools that make it easy for application developers to build cross-chain, without the need to learn a new programming language. “Our value proposition to the developer is that they can build on the chain that best suits their use case and background, while letting their users access anything on the decentralized web, with one click,” said co-founder Georgios Vlachos.

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  • What Is the Circulating Supply of AXL Tokens?

    Axelar has a total token supply of 1,070,075,609 AXL tokens. At the time of writing, the circulating supply is 301,937,372 AXL.

    According to the company, the allocations of AXL tokens are as follows: Backers: 29.5%; Team: 17%; Company operations: 12.5%; Community sale: 5%; Community programs (incl. insurance fund): 36%.

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  • Where Can You Buy Axelar?

    Axelar (AXL) tokens can be purchased on numerous exchanges, including: Coinbase, Kraken, Uniswap v3, Huobi, KuCoin and more.

    Keep track of AXL live prices in real-time with the CMC mobile app.

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  • What is the all-time high price of Axelar (AXL)?

    The all-time high of AXL was 1.14 USD on 2022-09-28, from which the coin is now down 8.771929824561392%. The all-time high price of Axelar (AXL) is 1.14. The current price of AXL is down 8.771929824561392% from its all-time high.

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  • How much Axelar (AXL) is there in circulation?

    As of , there is currently 664.59M AXL in circulation. AXL has a maximum supply of 0.

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  • What is the market cap of Axelar (AXL)?

    The current market cap of AXL is 694.19M. It is calculated by multiplying the current supply of AXL by its real-time market price of 1.04.

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  • What is the all-time low price of Axelar (AXL)?

    The all-time low of AXL was 0.32730431 , from which the coin is now up 217.74711429861716%. The all-time low price of Axelar (AXL) is 0.32730431. The current price of AXL is up 217.74711429861716% from its all-time low.

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  • Is Axelar (AXL) a good investment?

    Axelar (AXL) has a market capitalization of $694.19M and is ranked #126 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Axelar (AXL) price trends and patterns to find the best time to purchase AXL.

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