Things are not looking good for the Axelar (AXL) market! 📉 The price has fallen for three consecutive days to $0.6152, with a market cap of $552 million. On-chain data suggests that further declines are possible. The total locked value in the DeFi ecosystem has decreased significantly, with user activity decreasing. In addition, traders are moving their assets to exchanges, which could lead to a price correction in the short term.