Axelar
$0.0481
Data from CoinGecko, on-chain analytics, and official project documentation. View methodology
- Cryptocurrency
- Axelar (AXL)
- Sector
- Infrastructure
- Market Cap Rank
- #425
- Current Price
- $0.0481
- Market Capitalization
- $59.76M
Cycle Potential
0x
cycle scenario · ~2029 window
Risk Level
0/10
Low Risk
Market Cap
$59.76M
Volume
$4.34M
Circulating Supply
1.24B
1.1% not yet in circulation
Total Supply
1.25B
What is Axelar?
Axelar (AXL) is a blockchain infrastructure project that provides essential tools and services for the broader crypto ecosystem. It is currently ranked #425 by market capitalization, trading at $0.0481 with a total market cap of $59.76M.
How does Axelar work?
Axelar is a decentralized cross-chain communication protocol connecting 60+ blockchains including Ethereum, Solana, and Cosmos. Using Delegated Proof-of-Stake consensus with 75 active validators, it routes cross-chain messages and asset transfers. In December 2025, Circle acquired Interop Labs (the core dev team), causing AXL to drop 18% as token holders questioned the project's direction. Common Prefix now leads development while the network remains community-governed. With 8-15% staking...
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Entry #223 · published Apr 28, 2026 · commit daab5aa
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Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always do your own research before making investment decisions. Cryptocurrency investments are volatile and carry significant risk.