Axelar, a decentralised cross-chain communication network, has received widespread attention due to its revolutionary blockchain interoperability promise, aiming to connect over 65 other chains including Bitcoin. Its native token,
AXL, has experienced a 78% surge in trading volume, driving a 30% price increase upon Binance listing. Upcoming AXL coin's pre-sale is generating buzz, expected to boost AXL's price further. Axelar has also entered into a significant
partnership with Ripple, further fuelling price surge.
TON, a cryptocurrency project, has turned to Axelar to link 68 blockchains within its Web3 ecosystem. In addition, Axelar will develop Web3 services using Microsoft Azure - a venture that could redefine interoperability within the crypto space. There has also been price speculation that AXL could break the $5 mark by 2025. Controversially, several Binance-listed tokens have crashed, highlighting the potential volatility ascribed to newly listed tokens such as AXL. The current market climate appears volatile with a looming $650M token unlock threat and the pullback of a recent altcoin rally. Memecoin NEIRO is feared to further decline. Opinion analysts are eyeing significant potential returns on select cryptos, with AXL included.
AXL Coin News Analytics from Sat, 12 Nov 2011 08:00:00 GMT to Thu, 31 Oct 2024 07:00:00 GMT -
Rating 8
- Innovation 9
- Information 7
- Rumor 5
