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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.
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Market Stats
Market Cap
€104.19K
FDV
€104.19K
Circ. Supply
3M AXL
Max Supply
No maximum supply
Total Supply
3M AXL
Performance
Popularity
Not enough data
Dominance
Not enough data
Volume (24H)
Not enough data
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
€0.002905
Price Change (1Y)
Additional details
Market details
AXL vs markets
Not enough data
AXL vs BTC
Not enough data
AXL vs ETH
Not enough data
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Base | 0x23ee2343B892b1BB63503a4FAbc840E0e2C6810f |
Price history
Time | Price | Change |
|---|---|---|
Today | €0.03468 | Not enough data |
1 Day | €0.04012 | Not enough data |
1 Week | €0.03486 | |
1 Month | €0.03095 | |
1 Year | €0.2774 |
FAQ
Earn up to $2,000 when you buy $50 in crypto
Earn free crypto after making your first purchase.
Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Popularity in posts
#2509
Contributors
2
Posts
2
% About Axelar
0.001%
Articles
0
X (Twitter)
50% bullish
Sentiment
5.0 ★
Highlights
2 unique individuals are talking about Axelar and it is ranked #2,509 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Axelar has an average sentiment score of 5.0 out of 5. Finally, Axelar is becoming less newsworthy, with 0 news articles published about Axelar.
On Twitter, people are mostly bullish about Axelar. There were 50% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about Axelar. 50% of tweets were neutral about Axelar. These sentiments are based on 2 tweets.
On Reddit, Axelar was mentioned in 0 Reddit posts and there were 0 comments about Axelar. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.
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