Axelar
AXL Price
Axelar pioneers secure cross-chain communication, utilizing proof-of-stake, enabling easy dApp development and seamless interaction across blockchains. More
| Fully Diluted Valuation | $436.82M |
|---|---|
| 24H Trading Volume | $14.46M |
| 24H Low / High | $0.34 / $ 0.37 |
| Circulating Supply | 1.00 B |
| Total Supply | 1.21 B |
| Max Supply | 0.00 |
| Categories | Interoperability 17 more |
|---|---|
| Founder | Georgios Vlachos 1 more |
| Website | github.com Whitepaper 1 more |
| Socials | 2 more |
| Chains | Ethereum Ecosystem 10 more |
| Explorer | Arbiscan 9 more |
| Contracts |
0x467....5e5f3
10 more
|
| Name | Pair | OG Score |
|---|
In the dynamic landscape of blockchain technology, Axelar (AXL) has emerged as a trailblazer, offering secure cross-chain communication for Web3. Founded in 2020 by Georgios Vlachos and Sergey Gorbunov, both Algorand veterans, Axelar provides a decentralized network, an SDK of protocols and APIs, and gateway smart contracts to facilitate seamless communication between decentralized applications (dApps) across various blockchains. The project operates on a proof-of-stake (PoS) consensus mechanism, a robust approach employed by industry giants like Ethereum and Polygon. What sets Axelar apart is its commitment to secure cross-chain communication over a dynamic validator, utilizing PoS for enhanced reliability.
Axelar's native token, AXL, is the linchpin of its ecosystem, supporting cross-chain transfers and serving as a utility token for decentralized security and governance. The project boasts key integrations with major blockchain networks, including Ethereum, Cosmos, Terra, Avalanche, and more. A testament to its success, Axelar's Satellite demo app garnered over $30 million in total value locked shortly after release. The Axelar network, launched in February 2022, aims to foster web3 interoperability, allowing developers to build cross-chain applications effortlessly. Mastercard's selection of Axelar for its Start Path program in April 2023 further underscores its potential, as the project collaborates with the fintech giant to explore innovative solutions in the payments space.
In the ever-evolving blockchain ecosystem, Axelar continues to make strides, not only providing a robust infrastructure for secure cross-chain communication but also gaining recognition from industry leaders and investors. As Axelar advances, it reinforces its commitment to simplifying the development process for dApps, offering a gateway to a decentralized web where users can interact with any asset or application seamlessly across various blockchains.
Axelar stands out for its secure cross-chain communication using a dynamic validator on a proof-of-stake consensus mechanism, streamlining decentralized application (dApp) development without the need to learn new programming languages.
Axelar was founded in 2020 by Georgios Vlachos and Sergey Gorbunov, both pivotal members of Algorand's founding team, with Georgios designing the Algorand consensus protocol and Sergey contributing to the standardization of BLS signatures.
Axelar has secured support from top-tier investors, including Binance, Coinbase Ventures, Dragonfly Capital, and Polychain Capital, highlighting its credibility and potential in the blockchain space.
You can buy Axelar (AXL) on Binance, Bitget, BybitCoinbaseKraken cryptocurrency exchanges.
OGAudit is the first independent social audit platform for web3 projects and cryptocurrencies. Here you can find comprehensive crypto evaluations, ratings, unbiased and objective expert user reviews. There may be positive, negative, and neutral evaluations based on experts' experience and perspective with the product or the service about each cryptocurrency like Axelar AXL. To access these ratings, evaluations, and comments, click here.
Axelar does not follow a mineable model.
There may be different staking options available such as to participate in DAOs, decentralized governance and for revenue sharing. Please watch out for scams. Only consider staking options promoted on the official website of the project and advised partners. Please click here to see the official links and make sure to follow the latest instructions.
This data is dynamic and varies depending on the number of tokens that are being vested/vesting, removed from circulation because of network transactions or burned permanently and staking reward distribution mechanism. According to self-declared data the circulating supply of Axelar (AXL) is ($1,001,754,894), max supply of Axelar AXL is ($0) and the market cap of Axelar AXL is ($362,024,061).
What is the Axelar (AXL) price prediction?
Predicting prices in the crypto market is highly speculative and can't be definitively stated. Various factors drive price movements such as macroeconomics, Bitcoin ($btc) and crypto market overall behavior, on-chain activity, whale positionings, growth potential of the project etc. We cannot give any price predictions nor financial advice, but you can look at our comprehensive data, expert user reviews and decide if the product suits your needs! Please do your own research DYOR!
The current market price of Axelar (AXL) is $0. As the OGAudit community we mainly focus on features such as use cases, product development, and sustainable growth. However, we also provide real-time market data and coin/token statistics, analytics, price history for popular altcoins. see here.
It is important to do comprehensive research before deciding whether Axelar (AXL) or any other cryptocurrency is a good investment. We believe you should ask each of these questions before deciding to invest or make partnerships with any crypto project:
Is this type of digital asset considered legal in your country?
Does Coin (Axelar AXL) solve a good problem or offer the best solution?
Do products and services work effectively, and solutions are scalable?
Does the team have a realistic roadmap and can catch up with it?
Does Axelar (AXL) have reasonable and sustainable revenue income models?
Can the team market their products and services well?
How decentralized is the governance and how strong is the community?
Has it reached its fair market value yet?
Does the coin/token have enough trading pairs and liquidity?
As the OGAudit community crypto experts, we evaluate crypto projects by asking each of these questions and more, to provide objective and reliable comments and ratings for the end-user, investors, and institutions. By carefully considering these reviews, ratings, and price action, you can decide whether Axelar (AXL) is a good crypto to invest in or not. To access these evaluations and ratings please click here . The OGAudit experts are the largest, most experienced, and elite users in the crypto space. However, keep in mind that the scores, expert reviews and comments on our platform are OGAudit users’ personal views and meant for educational purposes only. None of the information we publish on our website contains any investment advice and should not be perceived as such. Always -DYOR- do your own research well.
OGAudit is the First Social Audit Platform for Web3 - Your Crypto Playbook!
Explore the Crypto Topics section to discover what OGs are discussing and gain insider knowledge on trending crypto topics.
There are many ways to conduct business in the crypto space, but we’ve chosen the most challenging path: shedding light on the unknown. Social media interactions and transaction volumes of exchanges and crypto assets can easily be manipulated by bots and whales, often misleading researchers and opening doors for scams by bad actors. Scammers have cost the crypto industry billions of dollars. Major red flags often slip past traditional technical or KYC audits, but OGAudit tackles this with its unique social auditing mechanism!
We believe in creating a safer, more thriving, and equal-opportunity crypto space for everyone. Our sole motivation is you 💗
We trust that authentic reviews from OGs will help you find the most reliable crypto exchanges and Web3 solutions you need! Additionally, we aim to simplify your crypto DYOR process with clear, up-to-date content.
OGs are the most experienced, reputable members of the crypto community, serving as independent auditors on the OGAudit platform.
Becoming an OG is not granted; it’s earned! Anyone with at least 1,000* days of on-chain experience and who adheres to OGAudit Community Guidelines can qualify as an OG.
The OG onboarding and rating mechanism is fully automated. OGs' wallet addresses and contributions are publicly verifiable on-chain**. The decentralized, permissionless, and transparent OGAudit consensus**, along with OGAudit Community Guidelines, ensures the elimination of spam and fraudulent content.
*500 days of on-chain experience qualifies you during the OGAudit Alpha! **to be Announced
Yes, it is—and all basic features will always remain free for personal use!🔥
Unfortunately, we do not have a token, and investing in the OGAudit platform is not an option. However, we greatly appreciate any donations!💗
If you meet the requirements and share our values, you can become a contributor to our community as an OG⭐️
By joining us, you'll help make crypto a safer place, earn rewards, perks, all while building your reputation along the way!⬆️
OGAudit is a collective movement of the crypto OG community. It has no affiliations with VCs, centralized exchanges, or other entities. Founded and funded by the Chief OG in 2023, OGAudit has been built by a dedicated team of crypto enthusiasts, researchers, web developers, and community leaders.💪
We have witnessed many market cycles, experienced the highs of the bull runs and the lows of the bear markets, and even faced rug pulls. Yet, we have remained resilient and are devoted to making Web3 accessible to everyone in the most secure way possible!
