Axelar Coin - News Analyzed: 3,053 - Last Week: 51 - Last Month: 270

The future predictions for Axelar's price and the ETF's optimism cast a bearish shadow for 2025. Canary Capital has filed an application to launch an ETF that will track the cross-chain protocol of Axelar. The stakeholders shall be able to purchase Axelar's AXL in four steps starting from May 2025. The crypto market news reported a decline in the price of Axelar but positive outlook towards its recovery and future growth is high.

Babylon has partnered with Axelar to bring Bitcoin staking feature to over 70 chains. Moreover, Filecoin has planned its integration with Axelar. The launch of Canary Capital's Axelar ETF resulted in a price jump of AXL by 14%. TON has chosen Axelar for linking the 68 blockchains present in the Web3 network. RLUSD Stablecoin's demand in the future may be boosted by the Axelar co-founder's reveal.

Canary Capital initiated an Axelar Trust targetting institutional investors. It's confirmed by the co-founder that XRPL, Xahau, and Flare will be bridged by Axelar. JPMorgan and Apollo have tokenized their funds in a proof of concept with Axelar. The operations of the crypto business will be expanded due to the new interoperability stack of Axelar going live. The potential of Axelar's tokens during this bull run is high.

This is also reflected in the live price as per recent updates. Canary AXL Trust was launched by Canary Capital, which expands their institutional crypto investment offerings. JPMorgan, Apollo have once again tokenized their funds by partnering with Axelar in a proof of concept. The introduction of a virtual machine for developers building cross-chain crypto apps by Axelar enhances its operations. Axelar network is coming into the light due to its continuous partnerships like the one with Ripple to introduce interoperability to XRP Ledger Blockchain.

Axelar Coin News Analytics from Tue, 11 Jan 2022 08:00:00 GMT to Tue, 22 Apr 2025 07:00:00 GMT - Rating -2 - Innovation 6 - Information 8 - Rumor -3