$0.470
-0.73%
$0.458
24h Range
$0.485
Market Cap
$430,922,745.7
Fully Diluted Valuation
$559,571,675.7
24 Hour Trading Vol
$7,982,507.1
Circulating Supply
916,967,946.1
Total Supply
1,190,722,223.9
Max Supply
∞
Axelar Price
$0.470
24h Range
$0.458 - $0.485
Percent Change 1h
-0.07%
Percent Change 24h
-0.73%
Percent Change 7d
7.6%
All-time high
$2.64
All-time low
$0.313
1D
7D
1M
1Y
All
Axelar (AXL) is a decentralized, permissionless network that provides secure cross-chain communication, allowing different blockchain ecosystems to interact with one another. Launched in 2021, Axelar aims to enable developers to build applications that can leverage assets and data from multiple chains without the need for complex integrations or intermediaries. The Axelar network is powered by its native token, AXL, which is utilized for transaction fees, governance, and staking within the ecosystem.
Axelar was co-founded by a team of blockchain experts, including Sergey Gorbunov and Georgios Konstantopoulos. Sergey Gorbunov has a strong academic background in cryptography and distributed systems, having previously worked on protocols for secure multi-party computation. Georgios Konstantopoulos has extensive experience in blockchain technology and previously worked at major organizations such as Algorand. Together, their expertise helps drive Axelar's mission to facilitate seamless cross-chain communication.
Axelar utilizes a decentralized network of validators who are responsible for verifying transactions across different blockchains. The core of its technology is based on a secure communication protocol that enables the transfer of data and assets across chains. Here’s a simplified breakdown of how it works:
Keeping your Axelar (AXL) tokens safe requires following best practices for cryptocurrency security:
Investing in Axelar (AXL) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy Axelar: Once your account is funded, you can purchase Axelar directly from the exchange. Choose the desired amount and complete the transaction.
Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in Axelar using Botsfolio, follow these steps:
Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.
Axelar (AXL) is currently trading at $0.470 and exhibits good potential for future growth. Check the latest Axelar (AXL) price prediction.
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