The live Axelar (AXL) price is $0.40443, with a 24 hours Blynex trading volume of 16.86 K. The price of AXL changed by -1.6% in the past 24 hours. With a circulating supply of 881.98M AXL and a maximum supply of 1.18B AXL coins. AXL currently ranks #131 in market cap. You have the option to purchase Axelar (AXL) on the Blynex exchange.
Date of Issue: 29.08.2022
Axelar (AXL) claims to deliver “secure cross-chain communication for Web3.....
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Lower Price 0.39057
24H
0.41221 Upper Price
24H Value
16.86 K
Market Cap(USD)
356.7 M
Circulating
881.98 M
Total Supply
1.18 B
Axelar (AXL) Live Price Data
Markets
| Market | Price | 24h % | 24h High | 24h Low | 24h Volume | |
|---|---|---|---|---|---|---|
AXL/USDT |
$0.40443 | -1.6% | 0.41221 | 0.39057 | 16.93 K | Trade |
About Axelar (AXL)
Axelar (AXL) claims to deliver “secure cross-chain communication for Web3.. Buying AXL on Blynex Exchange is easy: create an account, verify your identity, deposit funds, and start trading. Check out our guide on How to Buy Axelar (AXL).
What is Axelar (AXL)?
Axelar is a decentralized platform designed to facilitate secure cross-chain communication within the Web3 ecosystem. The project enables decentralized application (dApp) developers to seamlessly connect different blockchains using Axelar’s suite of protocols, APIs, and tools, providing a smooth, unified cross-chain experience for users and builders alike.
Key Components of Axelar
Axelar’s infrastructure is powered by three main components: a decentralized network, a comprehensive software development kit (SDK) containing protocols and APIs, and gateway smart contracts that enable cross-chain communication. This robust system allows developers to create secure, efficient connections between blockchains, regardless of their underlying architecture.
How Axelar Works
Axelar’s decentralized network of validators powers its cross-chain communication protocol. Using a proof-of-stake (PoS) consensus mechanism, the network ensures secure, trustless communication between various blockchains. Developers can interact with the network through a simple API that requires no permission or intermediary, enabling users to send messages and transfer assets across chains effortlessly.
AXL Token and Cross-Chain Support
AXL is the native token of the Axelar network, playing a vital role in facilitating transactions and securing the platform. Axelar supports the cross-chain transfer of various native tokens in their wrapped ERC-20 forms, including AVAX (Avalanche), ETH (Ethereum), MATIC (Polygon), and more. This makes Axelar a powerful solution for users and developers who need seamless, multi-chain interoperability.
Axelar's Founders and Vision
Founded in 2020 by Georgios Vlachos and Sergey Gorbunov, both of whom previously contributed to the creation of Algorand, Axelar aims to revolutionize cross-chain communication. With Georgios designing the Algorand consensus protocol and Sergey advancing BLS signature standards, the Axelar team brings a wealth of blockchain expertise. Together, they’re creating a platform that simplifies the complexity of building cross-chain dAppsAXL to local currency
- AXL to USD0.4043895570
- AXL to EUR0.3714615954
- AXL to AUD0.6380854247
- AXL to KRW585.852
- AXL to JPY60.116
- AXL to GBP0.312
- AXL to INR35.161
- AXL to CAD0.581
- AXL to AED1.485
- AXL to RUB34.621
AXL to crypto currency
- AXL to BTC0.0000048553
- AXL to ETH0.0002120847
- AXL to USDT0.4045481545
- AXL to BNB0.0006563642
- AXL to SOL0.0031476090
- AXL to XRP0.1724574667
- AXL to ADA0.5435905361
- AXL to TRX1.898
- AXL to LTC0.004
- AXL to TON0.116