Convert and Swap Axelar AXL to United States Dollar USD
AXL/USD: 1 Axelar equals $0.75 USD
Last update: 5:56 PM, December 22, 2024
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Axelar is falling this week.
The current price of Axelar is $0.75 per AXL. With a circulating supply of 880,972,380.551 AXL, it means that Axelar has a total market cap of $662,775,315.77. The amount of Axelar traded has fallen by $3,536,789.68 in the last 24 hours, which is a 26.19% decrease. Additionally, in the last day, $13,504,775.75 worth of AXL has been traded.
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About Axelar
Axelar is an interoperability solution, and provides the infrastructure needed for seamless and secure cross-chain communication among decentralized applications.
Axelar is a decentralized network that aims to facilitate secure cross-chain communication for Web3. It provides a suite of tools and APIs that assist decentralized application (dApp) developers in achieving seamless cross-chain communication. The network is composed of three core components: a decentralized network, a software development kit of protocols and APIs, and a set of gateway smart contracts for cross-chain connectivity. Axelar's native token, AXL, plays a crucial role within the network. The platform also supports the cross-chain transfer of several native tokens via their wrapped ERC-20 versions.
Axelar operates through a decentralized network of validators, enabling anyone to join, build on, or use the network. Application builders can interact with a simple API atop this permissionless network, which routes messages and ensures network security via a proof-of-stake consensus mechanism. Axelar's unique approach to secure cross-chain communication involves a dynamic validator, setting it apart from projects using optimistic setups and federated multi-sig. The platform has also developed protocols, APIs, and developer tools that simplify the process of building cross-chain applications.
Axelar aims to provide a platform for developers to build cross-chain applications without the need to learn a new programming language. The network's value proposition to developers is the ability to build on the chain that best suits their use case and background, while allowing their users to access anything on the decentralized web with a single click. Furthermore, Axelar's cross-chain transfer capabilities can facilitate the movement of several native tokens across different chains, broadening the potential use cases for these tokens.
Axelar was launched in 2020 by Georgios Vlachos and Sergey Gorbunov, both of whom were part of the founding team at Algorand. Georgios designed the Algorand consensus protocol, while Sergey led the effort to standardize BLS signatures, a standard now adopted as a draft in CFRG and followed by Ethereum 2.0 implementations among others. Axelar has since attracted capital from top-tier investors. In December 2022, Axelar launched a $60 million startup funding program to accelerate the development of decentralized applications and protocols.
How Axelar and United States Dollar differ
Axelar and the US Dollar are fundamentally different in their nature and functionality. Axelar is a decentralized network that aims to facilitate cross-chain communication for Web3, providing tools and APIs for decentralized application developers. Its native token, AXL, plays a crucial role within the network, and the platform supports the cross-chain transfer of several native tokens. On the other hand, the US Dollar is a traditional fiat currency, issued and regulated by the US government, and used as a medium of exchange for goods and services. Unlike Axelar, the US Dollar operates within a centralized financial system and does not have the capability to facilitate cross-chain transfers or support decentralized applications. Furthermore, Axelar's value proposition to developers is the ability to build on the chain that best suits their use case, while the US Dollar does not offer such flexibility. Axelar operates through a decentralized network of validators, ensuring network security via a proof-of-stake consensus mechanism, whereas the US Dollar's value and security are backed by the US government.
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AXL to United States Dollar conversion tables
The exchange rate of Axelar is increasing.
The current value of 1 AXL is $0.75 USD. In other words, to buy 5 Axelar, it would cost you $3.75 USD. Inversely, $1.00 USD would allow you to trade for 1.33 AXL while $50.00 USD would convert to 66.68 AXL, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 23.65%. Meanwhile, in the last 24 hours, the rate has changed by 0.88%, and that the the highest exchange rate of 1 AXL to United States Dollar was $0.77 USD and the lowest 24 hour value was 1 AXL for $0.72 USD. This time last month, the value of 1 AXL was $0.70 USD, which is a 5.97% decrease from where it is now. Looking back a year, Axelar has changed by $1.21 USD. That means that in a single year, the value of Axelar has shrank by 38.46%.
AXL to USD performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
$0.74 USD | 0.88% | $0.98 USD | -23.65% | $0.70 USD | 5.97% | $1.21 USD | -38.46% |
AXL to USD
Amount | Today at 5:56 pm |
|---|---|
0.5 AXL | $0.37 |
1 AXL | $0.75 |
5 AXL | $3.75 |
10 AXL | $7.50 |
50 AXL | $37.49 |
100 AXL | $74.99 |
500 AXL | $374.93 |
1,000 AXL | $749.85 |
USD to AXL
Amount | Today at 5:56 pm |
|---|---|
0.5 USD | 0.67 AXL |
1 USD | 1.33 AXL |
5 USD | 6.67 AXL |
10 USD | 13.34 AXL |
50 USD | 66.68 AXL |
100 USD | 133.36 AXL |
500 USD | 666.80 AXL |
1,000 USD | 1,333.60 AXL |
Today vs. 24 hours ago
Amount | Today at 5:56 pm | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 AXL | $0.37 | $0.37 | +1.69% |
1 AXL | $0.75 | $0.74 | +1.69% |
5 AXL | $3.75 | $3.69 | +1.69% |
10 AXL | $7.50 | $7.37 | +1.69% |
50 AXL | $37.49 | $36.87 | +1.69% |
100 AXL | $74.99 | $73.74 | +1.69% |
500 AXL | $374.93 | $368.71 | +1.69% |
1,000 AXL | $749.85 | $737.42 | +1.69% |
Today vs. 1 month ago
Amount | Today at 5:56 pm | 1 months ago | 1M Change |
|---|---|---|---|
0.5 AXL | $0.37 | $0.35 | +7.27% |
1 AXL | $0.75 | $0.70 | +7.27% |
5 AXL | $3.75 | $3.50 | +7.27% |
10 AXL | $7.50 | $6.99 | +7.27% |
50 AXL | $37.49 | $34.95 | +7.27% |
100 AXL | $74.99 | $69.90 | +7.27% |
500 AXL | $374.93 | $349.51 | +7.27% |
1,000 AXL | $749.85 | $699.03 | +7.27% |
Today vs. 1 year ago
Amount | Today at 5:56 pm | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 AXL | $0.37 | $0.61 | -38.12% |
1 AXL | $0.75 | $1.21 | -38.12% |
5 AXL | $3.75 | $6.06 | -38.12% |
10 AXL | $7.50 | $12.12 | -38.12% |
50 AXL | $37.49 | $60.59 | -38.12% |
100 AXL | $74.99 | $121.18 | -38.12% |
500 AXL | $374.93 | $605.92 | -38.12% |
1,000 AXL | $749.85 | $1,211.84 | -38.12% |
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