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How to Buy Axelar
Good news! You can buy Axelar on Coinbase's centralized exchange. We've included detailed instructions to make it easier for you to buy Axelar.
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Axelar is an interoperability solution, and provides the infrastructure needed for seamless and secure cross-chain communication among decentralized applications.
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Market Stats
Market Cap
$286,852,436.99
FDV
Not enough data
Circulating Supply
943,754,346.632 AXL
Max Supply
Not enough data
Total Supply
1,196,885,763.469 AXL
Total Value Locked
$172,231,655.87
Performance
Popularity
#143
Dominance
0.01%
Volume (24H)
$6,722,199.42
0.12%
Volume (7D)
$50,541,915.14
Volume (30D)
$340,785,041.86
All time high
$0.45
Overall Price Change (1Y)
-0.73%
The price of Axelar has decreased by 0.08% in the last hour and decreased by 6.64% in the past 24 hours. Axelar’s price has also fallen by 0.94% in the past week. The current price is $0.30 per AXL with a 24-hour trading volume of $6.72M. Currently, Axelar is valued at 32.26% below its all time high of $0.45. This all-time high was the highest price paid for Axelar since its launch. The current circulating supply of Axelar is 943,754,346.632 AXL which means that Axelar has as total market cap of $286,852,436.99.
AXL vs markets
↘ 75.56%
AXL vs BTC
↘ 78.71%
AXL vs ETH
↘ 46.41%
Tags
interoperability
real-world-assets
made-in-america
Network | Address | |
---|---|---|
Axelar | NA |
Time | Price | Change |
---|---|---|
Today | $0.30 | ↘ 6.64% |
1 Day | $0.33 | ↘ 6.64% |
1 Week | $0.31 | ↘ 0.94% |
1 Month | $0.36 | ↘ 15.53% |
1 Year | $1.13 | ↘ 72.99% |
Axelar is a decentralized network that strives to facilitate secure cross-chain communication for Web3. It provides a suite of tools and APIs that assist developers in creating decentralized applications (dApps) with seamless cross-chain communication. The network is composed of three core components: a decentralized network, a software development kit of protocols and APIs, and a set of gateway smart contracts for cross-chain connectivity. Axelar's native token, AXL, plays an important role within the network. The platform also supports the cross-chain transfer of several native tokens via their wrapped ERC-20 versions.
Axelar operates through a decentralized network of validators, enabling anyone to join, build on, or use the network. Application builders can interact with a simple API atop this permissionless network, which routes messages and ensures network security via a proof-of-stake consensus mechanism. Axelar's approach to secure cross-chain communication involves a dynamic validator, setting it apart from projects using optimistic setups and federated multi-sig. The platform has also developed protocols, APIs, and developer tools that simplify the process of building cross-chain applications.
Axelar aims to provide a platform for developers to build cross-chain applications without requiring a new programming language. The network's value proposition to developers is the ability to build on the chain that best suits their use case and background, while allowing their users to access anything on the decentralized web with a single click. Furthermore, Axelar's support for the cross-chain transfer of several native tokens increases its potential use cases, enabling seamless interaction between different blockchain ecosystems.
Axelar was launched in 2020 by Georgios Vlachos and Sergey Gorbunov, both of whom were part of the founding team at Algorand. Georgios designed the Algorand consensus protocol, while Sergey led the effort to standardize BLS signatures, a standard now adopted as a draft in CFRG and followed by Ethereum 2.0 implementations among others. Axelar has since attracted resources from various investors. In December 2022, Axelar launched a $60 million development support program aimed at accelerating the development of decentralized applications and protocols.
We update our Axelar to USD currency in real-time. Get the live price of Axelar on Coinbase.
The current market cap of Axelar is $286.85M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Axelar is $0.45. This all-time high is highest price paid for Axelar since it was launched.
Over the last 24 hours, the trading volume of Axelar is $6.72M.
Assets that have a similar market cap to Axelar include Beam, FTX Token, Amp, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Axelar is 944 million.
Axelar ranks 149 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 100% of Coinbase users are buying Axelar. In other words, 100% of Coinbase customers have increased their net position in Axelar over the past 24 hours through trading.
Yes, Axelar is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Axelar guide.
Earn $50 when you buy $50 in crypto
Restrictions apply. Promo code expires May 7th, 2025.
Trending articles
Contributors
0
Posts
0
% About Axelar
0.01%
Articles
1
Hold times
0 days
X (Twitter)
0% bullish
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
0 unique individuals are talking about Axelar and it is ranked #0 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Axelar has an average sentiment score of 0 out of 5. Finally, Axelar is becoming less newsworthy, with 1 news articles published about Axelar.
On Reddit, Axelar was mentioned in 0 Reddit posts and there were 0 comments about Axelar. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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