Today, Axelar (AXL) experienced a significant surge in value.
The cryptocurrency's price reached $0.50, marking a 48.78% increase over the last 24 hours.
This information is based on current market data.
Axelar currently holds the 176th position in the cryptocurrency rankings, with a market capitalization of $472.1 million.
Trading volume for AXL in the last 24 hours reached $671 million.
The circulating supply of AXL tokens is 943.8 million out of a total supply of 1.2 billion tokens.
Axelar is a decentralized protocol designed to connect various blockchain platforms.
It facilitates communication between blockchains like Bitcoin and Ethereum.
The AXL token is used for staking, governance, and fees within the Axelar ecosystem.