Axelar (AXL) is a hot topic in the cryptocurrency market with several pivotal narratives unfolding. Numerous experts give investment advice on how to buy AXL. Trends observed are bearish though the launch of an AXL-based ETF by Canary Capital adds a bullish vibe. The Canary AXL Trust widens the net for institutional crypto investment, specifically in AXL, promising an exciting direction for Axelar's network. The ETF has sparked a 14% price increase while there are warnings of potential losses based on on-chain metrics. Axelar's Cobalt upgrade is designed to secure infinite interop connections, further improving AXL tokenomics. Axelar is viewed as an attractive asset for short and long-term investors alike. American Axle & Manufacturing (AXL) also records a satisfactory Q1 in earnings. Institutional investors are targeted by Canary Capital's launch of Axelar trust, leading to a nearly 13% price jump. Crypto wallet provider Exodus is officially listed on the NYSE while Binance has announced both listing and delisting of altcoins. Axelar shows great promise, gaining spotlight and rising in price. A considerable number of ETF applications, including for altcoins like XRP, Solana, DOGE, and others, are waiting SEC's approval, which may further impact Axelar's price. Top traders are betting on significant gains from altcoins in the upcoming bull run. Axelar's focus remains on building interoperability within the crypto world.
AXL Coin News Analytics from Sat, 12 Nov 2011 08:00:00 GMT to Tue, 13 May 2025 13:16:16 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor 3