Gate News Bot Message, January 27, according to CoinMarketCap data, as of press time, AXL (Axelar) is trading at $0.09, up 19.27% in the past 24 hours, reaching a high of $0.09 and a low of $0.06, with a 24-hour trading volume of $39.3 million. The current market cap is approximately $9.86 million, an increase of $1.59 million from yesterday. Axelar is the on-chain financial gateway, dedicated to helping institutions enter the entire blockchain ecosystem safely and compliantly. The platform connects multiple chains through a single integration, supporting the full process from token issuance to trading and yield generation. Axelar has over 75 validators, zero security vulnerabilities, and provides institutional-grade security. Main products include: Interchain Token Service

Moonrock Capital founder Simon Dedic expressed strong dissatisfaction with Circle's acquisition of Axelar, considering it morally problematic, and criticized the exclusion of Axelar's Foundation and AXL tokens, calling it a "criminal act."

According to a Gate News Bot message on December 10, citing CoinMarketCap data, as of press time, AXL (Axelar) is currently trading at $0.13, up 18.29% in the past 24 hours, with a high of $0.14 and a low of $0.11. The 24-hour trading volume has reached $37.8 million. The current market capitalization is approximately $142 million, an increase of $21.9 million compared to yesterday. Axelar is a cross-chain network platform that connects institutions with the entire on-chain ecosystem, providing a channel for institutions through a single integrated interface. The platform supports token issuance, trading, and yield generation across more than 80 blockchains. Axelar's core products include Interchain Token Service (ITS), Fullport institutional trading access, and more, enabling users to achieve "deploy once, scale everywhere" multi-chain distribution, with built-in compliance and liquidity routing features.