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Wrapped Axelar

WAXL

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Market

Market stats

Market cap

$1.2B

Volume (24h)

$80.8M

Circulating supply

611.6M WAXL

Typical hold time

3 days

Popularity

#88

All time high

$3.73

Price change (1h)

-1.49%

Price change (24h)

+0.44%

Price change (7d)

+0.86%

About Wrapped Axelar

WAXL is an ERC-20 token on the Ethereum blockchain that represents AXL, the native token of the Axelar network. Axelar is an interoperability solution, and provides the infrastructure needed for seamless and secure cross-chain communication among decentralized applications. WAXL tokens can be bridged to Axelar, where they can be staked to secure the network.

Yes, Wrapped Axelar (WAXL) can be allocated, but it requires conversion to its native form, AXL, before allocation. The process involves a few steps. First, ensure you have native AXL. If you hold AXL in an EVM wallet like MetaMask, it's wrapped AXL. You can convert it to native AXL using Squid, a liquidity router built on Axelar. Once you have native AXL in a Cosmos-compatible wallet like Ledger, Keplr, or Cosmostation, you need to select a validator to assign your tokens to on the Axelar network. After choosing a validator, enter the amount of tokens you wish to allocate and approve the transaction. The transaction is processed via the Tendermint consensus. You can verify your token allocation by checking the transaction hash on Axelarscan. Please note that if you want to reassign your allocated AXL, you must first remove it from its current assignment, a process that requires seven days and involves a small gas fee.

News about Wrapped Axelar

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The Block • Mar 28, 24

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Decrypt • Mar 28, 24

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CoinDesk • Mar 28, 24

Over $1B in U.S. Treasury Notes Has Been Tokenized on Public Blockchains

Tokenized Treasuries are digital representations of U.S. government bonds that can be traded as digital tokens on the blockchain.

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Wrapped Axelar is on the rise this week.

The price of Wrapped Axelar has decreased by 1.49% in the last hour and increased by 0.44% in the past 24 hours. Wrapped Axelar’s price has also risen by 0.86% in the past week. The current price is $2.03 per WAXL with a 24-hour trading volume of $80.85M. Currently, Wrapped Axelar is valued at 45.70% below its all time high of $3.73. This all-time high was the highest price paid for Wrapped Axelar since its launch.

The current circulating supply of Wrapped Axelar is 611,647,064.75 WAXL which means that Wrapped Axelar has as total market cap of 611,647,064.75.

FAQ

What is the current price of Wrapped Axelar?

We update our Wrapped Axelar to USD currency in real-time. Get the live price of Wrapped Axelar on Coinbase.

What is the market cap of Wrapped Axelar?

The current market cap of Wrapped Axelar is $1.24B. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Wrapped Axelar?

The all-time high of Wrapped Axelar is $3.73. This all-time high is highest price paid for Wrapped Axelar since it was launched.

What is the 24 hour trading volume of Wrapped Axelar?

Over the last 24 hours, the trading volume of Wrapped Axelar is $80.85M.

What other assets are similar to Wrapped Axelar?

Assets that have a similar market cap to Wrapped Axelar include Ethereum, Tether, BNB, and many others. To see a full list, see our comparable market cap assets.

How many Wrapped Axelar are there?

The current circulating supply of Wrapped Axelar is 612 million.

What is the typical holding time of Wrapped Axelar?

The median time that Coinbase customers hold Wrapped Axelar before selling it or sending it to another account or address is 3 days.

What is the relative popularity of Wrapped Axelar?

Wrapped Axelar ranks 264 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Can I buy Wrapped Axelar on Coinbase?

Yes, Wrapped Axelar is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Wrapped Axelar guide.

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