Axelar
Market Open
15 Jun, 01:17
$
0. 046100
-0.0005
-1.073%
$
809,098 Volume
$ 0.0466
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AXLUSD Overview
AXLUSD denotes the price of Axelar’s native token AXL expressed in US dollars. It reflects the fiat value required to buy or sell one AXL and is the standard quote used to execute trades and settle positions between the token and USD.
Axelar is a blockchain-based interoperability protocol whose native token, AXL, serves utility, staking and governance functions within the network. Introduced in the early 2020s by the Axelar Network team, the project focuses on secure cross-chain communication and decentralized message routing. The token operates on public blockchains and is designed to support network security and protocol coordination through staking and voting mechanisms.
The AXLUSD rate is formed by market supply and demand across centralized and decentralized exchanges, order-book liquidity, and OTC activity. On-chain metrics, protocol upgrades, staking rewards, and developer adoption influence token demand, while broader market sentiment, macroeconomic indicators and USD strength also affect price movements.
AXLUSD matters for traders and investors as a benchmark for exposure to Axelar’s ecosystem. It is used for speculative trading, hedging positions, liquidity provision and assessing the market’s view of the protocol’s prospects. Market participants monitor the pair to gauge adoption trends and risk-adjusted opportunities.
Like many crypto-fiat pairs, AXLUSD can exhibit high volatility and liquidity varies by venue; spreads and depth should be considered when planning entries and exits.
Axelar is a blockchain-based interoperability protocol whose native token, AXL, serves utility, staking and governance functions within the network. Introduced in the early 2020s by the Axelar Network team, the project focuses on secure cross-chain communication and decentralized message routing. The token operates on public blockchains and is designed to support network security and protocol coordination through staking and voting mechanisms.
The AXLUSD rate is formed by market supply and demand across centralized and decentralized exchanges, order-book liquidity, and OTC activity. On-chain metrics, protocol upgrades, staking rewards, and developer adoption influence token demand, while broader market sentiment, macroeconomic indicators and USD strength also affect price movements.
AXLUSD matters for traders and investors as a benchmark for exposure to Axelar’s ecosystem. It is used for speculative trading, hedging positions, liquidity provision and assessing the market’s view of the protocol’s prospects. Market participants monitor the pair to gauge adoption trends and risk-adjusted opportunities.
Like many crypto-fiat pairs, AXLUSD can exhibit high volatility and liquidity varies by venue; spreads and depth should be considered when planning entries and exits.
AXLUSD Chart
Axelar proposes ending Flow, Berachain and Plume integrations
The interoperability network Axelar submitted a governance proposal to discontinue three chain integrations within its Amplifier framework: Flow, Berachain, and Plume. The decision follows an internal review that detected virtually no economic activity across these connections since their launch, while operational costs for verifiers continued to accumulate.
Crypto-economy | 1 month ago
AXLUSD FAQ
What is the current Axelar price?
The current price is $0.046100, based on the latest trades across major cryptocurrency exchanges.
What does the price change mean?
The price has changed by -0.0005 (-1.073%), showing how much the asset has moved compared to the previous close.
What is the previous close for Axelar?
The previous close was $0.046600, which serves as a reference point to measure daily performance.
How is the daily change percentage calculated?
The change percentage (-1.073%) is calculated based on the difference between the current price and the previous closing price.
What does the daily range show?
The range reflects the lowest ($0.046100) and highest ($0.046700) prices traded during the selected period, helping assess volatility.
Why is Axelar (AXL) moving today?
Price movements in Axelar are driven by market sentiment, trading volume, news, adoption, and overall crypto market conditions.
Is the current trend bullish or bearish?
If the current price ($0.046100) is below the previous close ($0.046600), it indicates upward momentum. If below, it suggests a downward trend.
Where can I see live charts for Axelar?
You can view real-time charts, price updates, and market data for Axelar (AXL) directly on this page.
