Several recent developments have been impacting the value and perception of the **Axelar (AXL) coin**. The **Axelar price has been on a volatile trend**, observing a significant **rise of 70%** as well as **a decrease**, indicated through a multitude of price projections. The correlation between these market shifts with the **listing of AXL on Upbit** has been noted. Moreover, the addition of Axelar (AXL) to **KRW, USDT Market Digital Assets** is regarded as a significant factor behind the market moves.
Many have shown interest in the potential of Axelar as evidenced by **Canary Capital filing** to launch an **ETF that tracks the cross-chain protocol Axelar**. This move potentially attracted institutional backing after an 85% crash. Additionally, Axelar (AXL) has opted for a new transfer gas fee mechanism aimed at **reducing the AXL token supply**. Noteworthy is the fact that AXL secured $15 Million CAD to launch 50 AI companies in Canada tightly aligning their operation with technological advances.
Furthermore, recent developments have put AXL coin under speculative lens, investors predicting if **AXL could be the next Bitcoin**. Yet, some on-chain metrics point out to potential losses that could occur.
Lastly, **partnerships have been pursued** with outfits like Ripple to enhance the XRP ledger. All these factors are dictating the price predictions, volatility, and interest in AXL.
AXL Coin News Analytics from Thu, 26 May 2011 07:00:00 GMT to Wed, 16 Jul 2025 05:41:02 GMT -
Rating 8
- Innovation 6
- Information 7
- Rumor 8
