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Axelar is on the decline this week. ↘
The price of Axelar has decreased by 0.42% in the last hour and decreased by 6.31% in the past 24 hours. Axelar’s price has also fallen by 16.09% in the past week. The current price is $0.37 per AXL with a 24-hour trading volume of $7.81K. Currently, Axelar is valued at 90.20% below its all time high of $3.73. This all-time high was the highest price paid for Axelar since its launch.
The current circulating supply of Axelar is 0 AXL which means that Axelar has as total market cap of $0.00.
Market cap
Data unavailable
TVL
Not enough data
Popularity
#9999999
Circulating
Data unavailable
Max Supply
Data unavailable
Hold time
Not enough data
Volume (24h)
$7,810.23
↗ 26.81%
Volume (30D)
Data unavailable
Volume (7D)
Data unavailable
All time high
$3.73
Performance (1Y)
↘ 82.34%
Vs. Market (1Y)
↘ 82.86%
Vs. BTC (1Y)
↘ 84.23%
Vs. ETH (1Y)
↘ 62.62%
FDV
Not enough data
Axelar is an interoperability solution, and provides the infrastructure needed for seamless and secure cross-chain communication among decentralized applications.
Axelar launched on Coinbase on January 20, 1970 at 9:29 AM
Networks
Axelar is a decentralized network that strives to facilitate secure cross-chain communication for Web3. It provides a suite of tools and APIs that assist developers in creating decentralized applications (dApps) with seamless cross-chain communication. The network is composed of 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. Axelar's native token, AXL, plays an important role within the network. The platform also supports the cross-chain transfer of several native tokens via their wrapped ERC-20 versions.
Axelar operates through a decentralized network of validators, enabling anyone to join, build on, or use the network. Application builders can interact with a simple API atop this permissionless network, which routes messages and ensures network security via a proof-of-stake consensus mechanism. Axelar's approach to secure cross-chain communication involves a dynamic validator, setting it apart from projects using optimistic setups and federated multi-sig. The platform has also developed protocols, APIs, and developer tools that simplify the process of building cross-chain applications.
Axelar aims to provide a platform for developers to build cross-chain applications without requiring a new programming language. The network's value proposition to developers is the ability to build on the chain that best suits their use case and background, while allowing their users to access anything on the decentralized web with a single click. Furthermore, Axelar's support for the cross-chain transfer of several native tokens increases its potential use cases, enabling seamless interaction between different blockchain ecosystems.
Axelar was launched in 2020 by Georgios Vlachos and Sergey Gorbunov, both of whom were part of the founding team at Algorand. Georgios designed the Algorand consensus protocol, while Sergey led the effort to standardize BLS signatures, a standard now adopted as a draft in CFRG and followed by Ethereum 2.0 implementations among others. Axelar has since attracted resources from various investors. In December 2022, Axelar launched a $60 million development support program aimed at accelerating the development of decentralized applications and protocols.
We update our Axelar to USD currency in real-time. Get the live price of Axelar on Coinbase.
The current market cap of Axelar is $0.00. A high market cap implies that the asset is highly valued by the market.
The all-time high of Axelar is $3.73. This all-time high is highest price paid for Axelar since it was launched.
Over the last 24 hours, the trading volume of Axelar is $7.81K.
Assets that have a similar market cap to Axelar include BNBDragon, Metadrip, Race to a Billion, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Axelar is 0.
Axelar ranks 152 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 100% of Coinbase users are buying Axelar. In other words, 100% of Coinbase customers have increased their net position in Axelar over the past 24 hours through trading.
Yes, Axelar is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Axelar guide.
Date | Price | Change |
|---|---|---|
Today (March 13, 2025) | $0.37 | -6.31% |
24 hours ago (March 12, 2025) | $0.39 | -6.31% |
1 week ago (March 6, 2025) | $0.43 | -16.09% |
1 month ago (February 13, 2025) | $0.47 | -21.57% |
1 year ago | $2.07 | -82.34% |
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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.
73 unique individuals are talking about Axelar and it is ranked #1,886 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 4.8 out of 5. Finally, Axelar is becoming more newsworthy, with 0 news articles published about Axelar. This is a 0% increase in news volume compared to yesterday.
On Twitter, people are mostly bullish about Axelar. There were 65.12% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about Axelar. 34.88% of tweets were neutral about Axelar. These sentiments are based on 86 tweets.
On Reddit, Axelar was mentioned in 2 Reddit posts and there were 6 comments about Axelar. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
Powered by LunarCrush
Contributors
73 people
Posts
135 posts
Dominance
0.02%
Volume rank
#1,886
Average Sentiment
4.8 out of 5
Tweet Count
86 people
Sentiment
65.12%
Bullish
34.88%
Neutral
0%
Bearish
The Defiant • Mar 11, 25
Axelar Foundation Secures $30 Million in AXL Token Sales with Arrington Capital, Distributed Global, and Electric Capital Participation
The Axelar Foundation has announced the completion of $30 million in AXL token sales aimed at enhancing its interoperability protocol
Read more
The Block • Mar 11, 25
Axelar Foundation discloses $30 million in AXL token sales as it expands interoperability protocol
Axelar Foundation, the nonprofit supporting the growth and adoption of the Axelar Network interoperability protocol, has disclosed strategic AXL token sales worth $30 million.
Read more
BeInCrypto • Mar 06, 25
Canary Capital Seeks SEC Nod for First Axelar ETF, AXL Price Soars 14%
Canary Capital’s filing for an AXL ETF marks a significant step toward Axelar's institutional adoption. The move follows the firm’s earlier trust launch and signals growing interest in Web3 connectivity.The post Canary Capital Seeks SEC Nod for First Axelar ETF, AXL Price Soars 14% appeared first...
Read more
The Block • Mar 05, 25
AXL’s price jumps 14% as Canary Capital files for Axelar ETF
Canary Capital filed an S-1 registration with the SEC on Wednesday for the right to launch an Axelar ETF, according to a filing.
Read more
CoinDesk • Mar 05, 25
Canary Capital Files to Launch ETF Tracking Cross-Chain Protocol Axelar
Axelar also announced the appointment of former Acting Comptroller Brian Brooks to its newly formed Institutional Advisory Board.
Read more
The Block • Jan 24, 25
Chain-abstracted memecoin launchpad Printr raises $2.5 million in pre-seed funding
The chain-abstracted token marketplace Printr raised $2.5 million in the firm’s first financing round, according to a release shared with The Block. Sfermion, Draper Dragon, Bitscale, Hermeneutic, Sui Foundation, Axelar Foundation and Flow Foundation participated in the funding, which comprises...
Read more
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