Axelar axl #222

$0.36071

-7.75% (1d)

Market Cap

$340.4M

BTC Price

$0.00000656

FDV

$431.7M

Vol24h

$16.9M

Circulating Supply

1.2B axl

Total Supply

Info

Website
Website Whitepaper
Community
Algorithm

N/A
Proof Type

Proof of Stake
Block Reward

0
messages.All Time High

$2.64
messages.ATL Date

03/01/2024

The current price of Axelar is $0.36071 in USD. As of now, a total of 1.2B axl are in circulation across the market. Axelar has experienced a price change of -7.75% in past 24 hours. To explore more cryptocurrencies, please visit here. messages.Over the past 24 hours, Axelar trading volume on crypto exchanges has reached $16.9M.

- Changelly
- Crypto.com

Description

AXL is the native token of the Axelar network, which enables decentralised cross-chain communication by connecting independent blockchain platforms. AXL is primarily used for staking within the network's Delegated Proof-of-Stake system, allowing validators to secure the protocol and process cross-chain transactions using threshold cryptography. The token also functions as a means of payment for transaction fees and grants governance rights to holders, who can vote on network upgrades, supported chains, and protocol changes. Additionally, AXL supports network recovery mechanisms by enabling fallback controls in case of validator failure or system stalls. Through these roles, AXL facilitates secure interoperability, decentralisation, and network coordination across multiple blockchain ecosystems.

axl Markets

#	Exchange	Pair
1	Binance	axlBTC
2	Binance	axlFDUSD
3	Binance	axlUSDT
4	Binance	axlTRY
5	Bitkub	axlTHB
6	BitMart	axlUSDT
7	Bitrue	axlUSDT
8	Bybit	axlUSDT
9	Coinbase	axlUSD
10	CoinEx	axlUSDT
11	DigiFinex	axlUSDT
12	HitBTC	axlUSDT
13	Indodax	axlIDR
14	Nominex	axlFDUSD
15	Nominex	axlUSDT
16	Nominex	axlBTC
17	Nominex	axlTRY
18	UPbit	axlBTC
19	WhiteBIT	axlUSDT
20	BingX	axlUSDT
21	BitVavo	axlEUR
22	Phemex	axlUSDT
23	WhiteBIT	axlEUR