Axelar AXL

Where AXL sits in the market

#342 places Axelar in the middle of the mid-cap band. This is where continuous two-sided quoting stops being guaranteed. AXL still prints regularly, but the depth behind each print thins out through the session, and the same order that barely registers in the morning can set the day's high in a quieter hour.

CryptoPingAi is currently streaming 3 live AXL order books (Binance, Bybit, Upbit). That is coverage in line with a #342 ranking: enough books to cross-check a quote, few enough that one of them can dominate price formation for hours at a time. One of them is a Korean won market, so the Kimchi-premium spread between the KRW and USDT quote is visible on this page.

AXL against its all-time high

AXL is more than 95% below its all-time high of $2.64 (on 2024-03-01) — a 61.1x gap. At this point the record has essentially no analytical value: it belongs to a different supply structure, a different holder base and often a different market cycle. The useful reference for AXL is the downside, not the peak, so the range section below matters more than this one. That high was set 3 years ago, recently enough that it still anchors how most current holders frame the asset.

AXL across its historical range

The recorded range runs 61.8x, from $0.0427 to $2.64 — wide by the standards of traditional assets, moderate for this one's class.

AXL is within 1.1% of its all-time low of $0.0427, printed on 2026-04-05. This is the part of a chart with no history: there is no prior trading below this level, so there is no support to reference, no volume shelf and no cost-basis cluster to lean on. That low is recent, so this is an active downtrend rather than an old floor holding: each fresh low retires the previous one as a reference.

AXL supply structure

AXL has no hard cap. 1.17 billion AXL of a 1.24 billion total is in circulation (94.1%), leaving 73.4 million held back. That overhang is modest but real — worth checking the unlock calendar before treating float as fixed.

What kind of asset AXL is

Axelar is an infrastructure asset — the category that includes oracles, data availability, storage and physical-infrastructure networks. Demand for these is derived rather than direct: it depends on how much is being built on top, which makes revenue steadier but growth slower than in consumer-facing categories. Token value accrual is often the weakest link and is worth verifying before assuming it exists.

CoinGecko files AXL under 10 categories, including Infrastructure, BNB Chain Ecosystem, Avalanche Ecosystem, Polygon Ecosystem, Fantom Ecosystem. CoinGecko also records deployments on BNB Chain (2,027 tracked tokens), Avalanche (256 tracked tokens), Polygon (531 tracked tokens), so on-chain liquidity is split across several networks and the cheapest venue depends on which deployment you are trading.

How to set a Axelar alert that is worth receiving

Axelar (AXL) — quoted on 3 venues we stream — high dated 2024-03-01 — rank #342. On this profile the condition that carries signal is thresholds anchored to the recent range rather than to the all-time high.

Full alert-design method: thresholds, RSI/MACD and volume conditions →