Axelar is a cryptocurrency symbolized as
AXL. Axelar has been designed with the intent of connecting Bitcoin with over 65 other chains, creating a dynamic ecosystem sought by both short and long-term investors. Its robust cross-chain communication has attracted partnerships with notable platforms such as Ripple’s
XRPL and Stacks, enabling the bridging of Bitcoin across various blockchains and amplifying interchain activities. Axelar’s price surged dramatically when listed on Binance, a notable crypto-exchange platform, and experienced a 30% increase amidst the announcement for the listing. Axelar’s integration with the broader crypto ecosystem has fostered strategic alliances. Its partnership with Ripple for Ethereum VM Sidechain launch marked a significant milestone, facilitating the tokenization of Real-World Assets (RWA) on the XRP Ledger. Industry giants like
JPMorgan and
Apollo have utilized Axelar in tokenizing funds as a 'Proof of Concept.' Recently, Axelar has joined hands with Microsoft to develop
Web3 services and hybrid blockchain solutions. It has also introduced a Virtual Machine for developers building cross-chain crypto apps. Uniswap has approved Axelar for cross-chain interoperability, and Axelar introduced its
Interchain Token Service (ITS) on Mainnet, to revolutionize cross-chain transactions. Many experts predict Axelar’s price will keep on a bullish trajectory for the next few years.
Axelar Coin News Analytics from Fri, 13 Nov 2020 08:00:00 GMT to Mon, 12 Aug 2024 18:15:18 GMT -
Rating 8
- Innovation 7
- Information 9
- Rumor 3
