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Axelar

Axelar is a decentralized cross-chain communication network, aiming to level-up interoperability in Web3 by connecting heterogeneous blockchains and enabling asset mobility and program composability in an optimized way for both builders and end-users. The two layers of Axelar are the network and the API above it. At the core of Axelar is a permissionless overlay network that provides Turing-complete cross-chain communication through proof-of-stake and permissionless protocols. On top of the network are APIs and protocols, an application-development layer that developers use to compose across any number of chains. Once integrated, all new interconnected blockchains become interoperable with the application, resulting in limitless network effects.

What is Axelar?

Axelar is a decentralized network and suite of tools designed to integrate various blockchains into a unified ecosystem. It enables users to exchange and interact with decentralized applications (dApps) across multiple networks seamlessly. Developers can connect their blockchains to the broader ecosystem, facilitating cross-chain communication and interoperability.

How Does Axelar Work?

Axelar operates through a decentralized network, protocols, and APIs that create cross-chain connections. Developers can use the Axelar SDK to interact with other blockchains within the ecosystem, allowing for the integration of features from different blockchains into their applications with minimal effort.

What Makes Axelar Unique?

Axelar stands out by providing a secure and efficient means for dApps to operate across multiple blockchains. Key features include: - Support for various blockchains such as Ethereum, Moonriver, Cosmos, Polkadot, Avalanche, Polygon, Terra, and Fantom. - Simplified cross-chain communication for developers and users. - A decentralized network ensuring security and reliability.

Who Are the Founders of Axelar?

Axelar was co-founded by Sergey Gorbunov and Georgios Vlachos, both members of the founding team of Algorand and graduates of the Massachusetts Institute of Technology (MIT). Sergey holds a PhD, while Georgios has a master's degree and is a gold medalist at the International Mathematics Olympiad.

Latest News

What Key Events Have There Been for Axelar?

Significant milestones for Axelar include: - Raising $25 million in a Series A funding round in July 2021. - Securing $35 million in a Series B funding round in February 2022. - Conducting a public sale in March 2022, raising $50 million. - Completing a $30 million AXL token sale in March 2025 to enhance its interoperability protocol.

Project Announcements

Recent updates include: - In March 2025, the Axelar Foundation disclosed $30 million in AXL token sales aimed at expanding its interoperability protocol. - In March 2025, Canary Capital filed for an Axelar ETF, marking a significant step toward Axelar's institutional adoption.

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Projects Announcements

Where to Buy Axelar?

Axelar (AXL) tokens can be traded on various exchanges. For the most up-to-date information on where to buy AXL, please refer to the official Axelar website or reputable cryptocurrency exchanges.

Axelar Price

Daily Trading Volume

As of September 19, 2025, the daily trading volume for AXL is approximately $23.62 million.

All-Time High

The all-time high for AXL was $2.64, reached on March 1, 2024. Compared to the current price of $0.2996, this represents a significant decrease.

All-Time Low

The all-time low for AXL was $0.274681, recorded on April 7, 2025. The current price of $0.2996 is slightly above this low.

Market Cap and Valuation

Market Cap

As of September 19, 2025, the market capitalization of AXL is approximately $308.79 million, ranking it #156 among cryptocurrencies.

Fully Diluted Valuation

The fully diluted valuation (FDV) of AXL is approximately $363.95 million, calculated by multiplying the current price by the total supply of tokens.

Axelar Price Prediction

While specific price predictions are speculative, factors influencing AXL's price include market sentiment, adoption rates, and developments within the Axelar ecosystem. As of now, there are no available forecasts from reliable experts or publications.

FAQ

What is the Purpose of Axelar?

How Can I Participate in Axelar's Ecosystem?

What Sets Axelar Apart from Competitors?

Is Axelar Secure?

What are the Risks Associated with Axelar?

Community Sentiment

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Disclaimer and Risk Warning: Some content on this page may be assisted or generated by AI and is for general reference only. For the most accurate and updated information, please refer to the official website of the project. Bitget Wallet values every partnership. If you notice any issues or inaccuracies, feel free to reach out to us at [email protected] — we appreciate your feedback and will make improvements where needed.