Axelar (AXL)

Unverified

Loading...

Loading...

AXL price prediction, AXL price today, how to buy Axelar coin

About AXL

Axelar (AXL) is a decentralized, programmable interoperability network that enables seamless interactions between various blockchain ecosystems, revolutionizing the way developers build and deploy cross-chain applications. Founded in 2020 by Algorand veterans Sergey Gorbunov and Georgios Vlachos, Axelar's innovative approach to blockchain interoperability has made it a leading player in the Web3 space. With its proof-of-stake consensus mechanism and support for smart contracts, Axelar provides a secure, scalable, and developer-friendly platform for building decentralized applications that can interact with multiple blockchains. As the native token of the Axelar network, AXL plays a crucial role in securing the network, enabling governance, and facilitating cross-chain transactions. With a growing ecosystem of over 69+ connected blockchains and partnerships with top-tier companies like Microsoft and Mastercard, Axelar is poised to become a key player in the future of decentralized finance and Web3 development.

Convert Fiat to Axelar

Loading...

Price Prediction Calculator

Fact Sheet

Website
Explorer
Exchanges
Wallet
Social Media

News

US Lawmaker Plans to Introduce Bill to Permanently ‘Cement’ Trump’s National Bitcoin Reserve

Sources disclose that U.S. Representative Byron Donalds (R-FL) plans to introduce legislation on March 14, 2025, to permanently establish President Donald Trump’s Strategic Bitcoin Reserve and Digital Asset Stockpile, aiming to shield the initiative from reversal by future administrations. U.S.…

US Lawmaker Plans to Introduce Bill to Permanently ‘Cement’ Trump’s National Bitcoin Reserve

North Korea’s Lazarus Group Moves 400 ETH to Tornado Cash Following $1.5B Bybit Hack

North Korea-linked Lazarus Group transferred 400 ETH (worth $750,000) to Tornado Cash on March 12, 2025, likely laundering proceeds from the record $1.5 billion Bybit hack, blockchain researchers report. ZachXBT: Tornado Cash Demix Exposes North Korea’s $3.1M PEPE Token Purchase…

North Korea’s Lazarus Group Moves 400 ETH to Tornado Cash Following $1.5B Bybit Hack

Blackrock’s BUIDL Soars 50% in 6 Days—Tokenized Fund Now Commands $1B AUM

Six days ago, on March 8, 2025, the tokenized Blackrock USD Institutional Digital Liquidity Fund (BUIDL) held $668 million in assets under management (AUM). Since then, its AUM has soared by 50.3%, eclipsing the $1 billion threshold. From $668M to…

Blackrock’s BUIDL Soars 50% in 6 Days—Tokenized Fund Now Commands $1B AUM

'First-of-Its-Kind' ETF Focuses on Bitcoin-Linked Corporate Bonds

Retail investors can now access bitcoin-backed corporate bonds through a groundbreaking ETF, offering exposure to companies using convertible debt to integrate bitcoin into their financial strategy. Nasdaq-Listed ETF Offers Bitcoin Corporate Debt Exposure REX Shares announced on March 14 the…

'First-of-Its-Kind' ETF Focuses on Bitcoin-Linked Corporate Bonds

13 Bitcoin Time Capsules Crack Open: $27M in 2013 BTC Suddenly Awaken

When bitcoin slipped beneath the $80,000 mark last Thursday, a cluster of 13 long-dormant wallets from 2013 suddenly sprang to life, shifting 325 BTC—now worth $27.4 million—into motion. A Set of 13 Decade-Old Bitcoin Vaults Unlock These days, bitcoin’s price…

13 Bitcoin Time Capsules Crack Open: $27M in 2013 BTC Suddenly Awaken

Frequently Asked Questions about Axelar

What is Axelar (AXL)?

Axelar (AXL) is a programmable blockchain interoperability layer that enables seamless interaction between different blockchain ecosystems. It allows developers to build cross-chain applications and users to access various assets and applications across multiple chains with a single click.

How does Axelar work?

Axelar operates on a decentralized network that uses a proof-of-stake consensus mechanism to secure transactions and ensure network integrity. It provides a simple API for developers to interact with the network and supports smart contracts for programmable interoperability.

What is the purpose of the AXL token?

The AXL token is the native cryptocurrency of the Axelar network. It is used for staking, governance, and paying network transaction fees. AXL token holders can participate in the network's decision-making process and receive rewards for contributing to the network's security and stability.

What is Axelar's General Message Passing (GMP) feature?

Axelar's General Message Passing (GMP) feature allows developers to compose functions across different blockchain ecosystems, enabling seamless interaction between various chains. This feature enables the creation of complex cross-chain applications and enhances the overall interoperability of the Axelar network.

How does Axelar ensure security and decentralization?

Axelar ensures security and decentralization through its proof-of-stake consensus mechanism and a decentralized network of validators. The network also uses threshold signature schemes and robust fall-back mechanisms to prevent malicious activities and ensure the integrity of the network.

What is the Interchain Governance Orchestrator framework?

The Interchain Governance Orchestrator framework is a solution developed by Axelar to streamline the process of multichain dApp management. It enables developers to execute governance actions for all their deployments from a single place, making it easier to manage and update cross-chain applications.

How can I stake AXL tokens?

To stake AXL tokens, you need to hold native AXL tokens in a Cosmos-compatible wallet that supports staking. You can then delegate your tokens to a validator's staking pool and receive rewards in return. Make sure to follow the instructions provided by Axelar to ensure a smooth staking process.

What is the Interchain Amplifier's role in AXL?

The Interchain Amplifier is a mechanism that uses AXL tokens to create a self-sustaining ecosystem for network growth. It incentivizes participation and honest behavior among validators, and enables the connection of new blockchains to the Axelar network without the need for significant protocol-level changes.

What are the benefits of using Axelar?

Axelar offers a range of benefits, including seamless cross-chain interactions, programmable interoperability, and a decentralized network. It enables developers to build complex cross-chain applications and provides users with access to various assets and applications across multiple chains.

What is the current state of Axelar's development?

Axelar is continuously developing and improving its network. It has already integrated with over 69 blockchains and has partnered with several major companies, including Microsoft and J.P. Morgan. The network is also exploring new use cases, such as the integration of artificial intelligence and blockchain technology.