What is AXL?

AXL is the native token of the Axelar network, a decentralized platform that aims to provide secure cross-chain communication for Web3 applications. AXL is used for network security, governance, and cross-chain fees. According to CoinMarketCap, the live AXL price today is $1.91 USD with a 24-hour trading volume of $294,103,564 USD. AXL has a total supply of 1,136,535,922 tokens and a circulating supply of 582,201,134 tokens1. AXL is not to be confused with AXL INU, a different token that is based on the Ethereum network and claims to be a meme coin with a charitable cause

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