Axelar, the
crypto project dedicated to increasing interoperability between different blockchains, consistently features in various news snippets and analyses. Their
ambition to connect Bitcoin with over 65 other chains and the integration of their protocol with Stacks, has made them a key player in the bridge between Bitcoin and numerous blockchains. A prospect of a price rebound by 2024 underlines the potential confidence of investors in this project. The value of the cryptocurrency has increased recently, with some attributing this to their partnership with Ripple for real-world asset (RWA) and cross-chain communication on the XRP Ledger. Furthermore, they have managed to attract keen interest from top-tier financial institutions such as Deutsche Bank and JPMorgan, which have joined forces for proof of concept along with Apollo, Oasis, Provenance.
Axelar's inclusion in major exchange listings like Binance and INDODAX has also played a part in boosting the coin value, uplifting the overall market disclosure. The project has gained the status of a unicorn, highlighting its rapid ascent, with further developments, including collaborations like Microsoft and 88x Finance expected to solidify its market standing. Axelar has also fared well in various 'crypto to buy' lists, suggestive of its potential
growth and returns in the foreseeable future.
Axelar Coin News Analytics from Fri, 13 Nov 2020 08:00:00 GMT to Thu, 25 Jul 2024 07:00:00 GMT -
Rating 8
- Innovation 8
- Information 9
- Rumor 7
