Axelar (WAXL) Price

Axelar is a utility token powering the Axelar network, which provides secure cross-chain communication for Web3. As a chain-agnostic token, WAXL can exist as an ERC-20 representation on all connected chains, including Ethereum. The wrapped version, wWAXL, is recommended as the ERC-20 representative and can be exchanged 1:1 with WAXL through Axelar's permissionless layer. Key features of Axelar: - Current price: $0.07223 - 24h change: +1.46% - Market cap: $84.20M - Circulating supply: 1.16B WAXL - Total supply: 1.23B WAXL - All-time high: $2.63000 (March 1, 2024) - All-time low: $0.06019 (April 7, 2025) Axelar facilitates cross-chain transfers of various native tokens via their wrapped ERC-20 versions, including AVAX, ETH, FTM, GLMR, and MATIC. The token plays a crucial role in Axelar's decentralized network, which consists of validators ensuring network security through a proof-of-stake consensus mechanism. As of 2026-05-08, Axelar ranks 345 among all cryptocurrencies, with a 24-hour trading volume of $62.50K. The project aims to enable seamless cross-chain experiences for users, allowing interactions with any asset or application across different blockchains.

Axelar was created on January 10, 2022. The project launched its mainnet on that date, marking the official birth of the WAXL cryptocurrency. Since then, Axelar has grown to become an important player in the cross-chain communication space for Web3, providing secure interoperability between different blockchain networks. The launch of Axelar in early 2022 positioned it well to take advantage of the growing demand for cross-chain solutions in the evolving blockchain ecosystem.

The founders of Axelar are Sergey Gorbunov and Georgios Vlachos. They established the project in 2020 with the goal of creating secure cross-chain communication for Web3. Both founders have extensive backgrounds in cryptography and distributed systems. Sergey Gorbunov previously worked on cryptographic protocols at MIT, while Georgios Vlachos has experience in building scalable distributed systems. Their combined expertise in these areas laid the foundation for Axelar's innovative approach to enabling interoperability between different blockchain networks. The founders continue to lead the development and strategic direction of the Axelar network as it grows and evolves in the rapidly changing crypto landscape.

Axelar operates as a cross-chain communication protocol for Web3. It utilizes a decentralized network of validators to enable secure and seamless interactions between different blockchain networks. The WAXL token serves as the native utility token of the Axelar network, powering various functions such as: 1. Staking: Validators stake WAXL to participate in network consensus and earn rewards. 2. Governance: Token holders can vote on protocol upgrades and network parameters. 3. Gas fees: WAXL is used to pay for transaction fees on the network. 4. Cross-chain transfers: The token facilitates the transfer of assets between different blockchain ecosystems. Axelar's technology allows developers to build decentralized applications (dApps) that can interact with multiple blockchains, enhancing interoperability in the Web3 space. The protocol supports the transfer of various wrapped tokens across chains, expanding the possibilities for cross-chain DeFi and other blockchain-based applications. As of 2026-05-08, WAXL is ranked #345 with a price of $0.07223 and a 24-hour trading volume of $62.50K. The current market cap stands at $84.20M, with a circulating supply of 1.16B WAXL WAXL tokens.

Axelar utilizes a multi-chain architecture designed for secure cross-chain communication. The network is powered by a decentralized set of validators using a proof-of-stake consensus mechanism. Key components include: 1. Decentralized validator network 2. Cross-chain messaging protocol 3. Gateway smart contracts on connected chains 4. Software development kit (SDK) and APIs for developers The WAXL token is chain-agnostic, with wrapped ERC-20 versions available on all connected chains. This allows seamless transfer of WAXL and other supported assets across different blockchains. The architecture enables developers to build dApps with interoperability across multiple chains, leveraging Axelar's secure cross-chain communication infrastructure. The system is designed to be permissionless and easily extensible to new chains. Overall, Axelar's technical design aims to provide a robust foundation for Web3 cross-chain interoperability and development.

The future of Axelar looks promising, with a clear roadmap focused on expanding cross-chain interoperability and enhancing the network's capabilities. Key milestones for WAXL include: 2026: Improving scalability and transaction throughput 2027: Launching new developer tools and SDKs to facilitate easier integration 2028: Expanding partnerships with major blockchain ecosystems 2031: Implementing advanced security features and quantum-resistant cryptography The WAXL team is committed to continuous innovation, aiming to position Axelar as a leading solution for secure cross-chain communication in Web3. With its current price at $0.07223 and market cap of $84.20M, analysts project potential growth: 2027: $0.08712 2031: $0.15312 2036: -- As adoption increases and more projects integrate WAXL's technology, the demand for Axelar is expected to rise, potentially driving up its value and utility within the broader cryptocurrency ecosystem.

Axelar is experiencing an upward trend due to increased adoption, positive market sentiment, and recent partnerships. The current price of $0.07223 represents a +1.46% gain in the last 24 hours, with trading volume reaching $62.50K. Analysts predict continued growth, with potential targets of $0.08712 by 2027.

Axelar is dropping due to market volatility and profit-taking after recent gains. The current price of $0.07223 represents a +1.46% change in the last 24 hours. Despite short-term fluctuations, Axelar remains a promising cross-chain communication solution for Web3.

Axelar has potential for significant growth. By 2027, it could reach $0.08712. In 2031, experts project Axelar may hit $0.15312. Long-term forecasts suggest -- by 2036, driven by increased adoption and ecosystem expansion.

Axelar is expected to rise in value over the coming years. Analysts predict it could reach $0.08712 by 2027, $0.11252 by 2026+3, and potentially $0.15312 by 2031. However, cryptocurrency markets are highly volatile and unpredictable.

The current price of Axelar (WAXL) is $0.07223. As the #345 cryptocurrency by market cap, WAXL has seen a +1.46% change in the last 24 hours with a trading volume of $62.50K.

The highest price Axelar has ever reached is $2.63000. This all-time high was recorded on March 1, 2024.

The lowest price Axelar has ever reached is $0.06019. This all-time low occurred on April 7, 2025.

Currently, 1 WAXL is worth $0.07223.

Axelar is valuable due to its role in enabling secure cross-chain communication for Web3. As the native token of the Axelar network, WAXL powers interoperability between blockchains, facilitating seamless asset transfers and dApp interactions across multiple chains. Its utility and growing ecosystem adoption contribute to its value proposition in the expanding multichain landscape.

The total supply of Axelar is 1.23B WAXL, with a circulating supply of 1.16B WAXL WAXL. The maximum supply is not capped, indicated as ∞.

Axelar mining is not profitable. As a cross-chain communication token, WAXL is not designed to be mined. Instead, it's used to secure and power the Axelar network for interoperability between blockchains. Investors can earn rewards by staking WAXL tokens.

Axelar was officially launched on January 10, 2022. This date marks the beginning of WAXL's journey in the cryptocurrency market, providing cross-chain communication solutions for Web3.

Currently, one WAXL costs $0.07223.

You can buy Axelar through centralized or decentralized exchanges(Gate.com). Simply create an account, complete identity verification, deposit funds, and place an order to buy WAXL at $0.07223.

To purchase WAXL, create an account on a reputable cryptocurrency exchange(Gate.com), complete identity verification, deposit funds using bank transfer or card, navigate to WAXL trading pair, enter purchase amount, and confirm your transaction. Store your WAXL in a secure wallet for safekeeping.

Yes, Axelar is considered safe and legitimate. It's a well-established cryptocurrency project with a strong team, active development, and growing adoption. Axelar is ranked 345 by market cap, currently trading at $0.07223 with a 24-hour volume of $62.50K. Always do your own research before investing.

Axelar is a cross-chain communication protocol for Web3. It provides secure interoperability between blockchains, allowing developers to build dApps that can interact with any asset or application across multiple chains. WAXL is the native utility token powering the Axelar network.

No, Axelar and AXL are not the same. Axelar is the EVM-compatible wrapped version of AXL, the native token of the Axelar network. They can be swapped 1:1 and used interchangeably across supported chains.

Axelar is a promising coin with strong potential. Currently ranked 345, it's trading at $0.07223 with a 24-hour volume of $62.50K. The market cap stands at $84.20M, indicating solid investor interest. With its cross-chain communication capabilities, Axelar is well-positioned for growth in the expanding Web3 ecosystem.

The current price of 1 Axelar (WAXL) is $0.07223. This represents a +1.46% change in the last 24 hours. The 24-hour trading volume for Axelar is $62.50K.