tl;dr
After being listed on Binance, Axelar (AXL), an interoperability-focused altcoin, saw a surge in value, reaching a new all-time high. AXL is a programmable Web3 platform designed to facilitate cross-chain communication and automate paths for users using transparent smart contracts. The native asset,...
After being listed on Binance, Axelar (AXL), an interoperability-focused altcoin, saw a surge in value, reaching a new all-time high. AXL is a programmable Web3 platform designed to facilitate cross-chain communication and automate paths for users using transparent smart contracts. The native asset, AXL, is currently trading at $1.94, marking a 27% increase from 24 hours ago. Binance attached a seed tag to AXL due to its potential volatility. Additionally, Axelar introduced a new virtual machine powered by Cosmwasm, providing developers with the ability to write smart contracts and scale their interchain deployments.
An under-the-radar, interoperability-focused altcoin set a new all-time high after Binance announced it was listing the asset. Axelar (AXL) is a programmable Web3 interoperability platform that aims to provide cross-chain communication between numerous blockchains. Transparent smart contracts built on Axelar automate paths for users, reducing them to a single click. The project’s native asset, AXL, is trading at $1.94 at the time of writing, with a nearly 27% increase from 24 hours ago. Binance attached a seed tag to AXL, and Axelar also introduced its new virtual machine powered by Cosmwasm, turning interoperability into a programmable layer and enabling developers to write smart contracts on Axelar.
Another good reason this coin in on the upswing is because of their partnership with Ripple. Definitely keeping an eye on this one.
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