Axelar (AXL)

market_cap_rank: 197 | coingecko_rank: null

Current Price

get_current_price()

$0.43 +9.33%

24h_range: $0.39 - $0.46

Price Changes

get_price_changes()

24h

+9.33%

+14.43%

14d

+16.45%

30d

+28.92%

-34.35%

Market Data & Supply

get_market_data()

market_cap

$432068852

fully_diluted_valuation

$519141829

volume_24h

$191261940

get_supply_info()

circulating_supply

1006905871

total_supply

1209823281

max_supply

null

All-Time Records

get_ath_data()

All-Time High

$2.64

change: -83.76%

date: 2024-03-01

get_atl_data()

All-Time Low

$0.27

change: +56.34%

date: 2025-04-07

About Axelar

get_description()

Axelar delivers secure interchain communication. That means dApp users can interact with any asset, any application, on any chain, with one click. You can think of it as Stripe for Web3. Developers interact with a simple API atop a permissionless network that routes messages and ensures network security via proof-of-stake consensus. Axelar is a blockchain that connects blockchains. To do this securely, Axelar network uses proof-of-stake consensus. Network validators produce new blocks, participate in multiparty signing and vote on external chain states. Tokenholders stake the AXL token, delegating tokens to a validator’s staking pool and receiving rewards, minus the validator’s commission. The AXL token is used for governance and to pay network transaction fees to validators and tokenholders. However, users of the Axelar network do not need to hold the token. Conversions into AXL tokens and destination-chain tokens are handled on the back end, so that users need only pay gas once, in the source-chain token. Axelar network rewards are “inflationary” — they increase the total supply of AXL — but there is potential for supply to become deflationary based on the transaction fee mechanic described above.

Additional Information

get_basic_info()

homepage

https://axelar.network/