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$2,139,109
Wrapped Axelar WAXL Wrapped Axelar (WAXL) Chart
Wrapped Axelar (WAXL) Return On Investment(ROI)
Wrapped Axelar (WAXL) Token Price Now
Wrapped Axelar price today is $0.1311 with a 24-hour trading volume of $2,139,109. WAXL price is down -11.36% in the last 24 hours. .
What Is Wrapped Axelar(WAXL)?
Axelar is a cross-chain communication network secured by a token, AXL, via proof-of-stake. As befits an interoperability network, the AXL token is a chain-agnostic asset that has multiple representations on multiple blockchains. The ERC-20 version of the AXL token (wAXL) is one such cross-chain representation of a token. In this case, the AXL token, natively issued on the Axelar blockchain, is held in a Gateway on Axelar, and minted by a Gateway smart contract on an EVM-compatible blockchain. Anyone can go between the two representations via the Axelar permisionless network, with no custodian in the middle. 1 wAXL ERC20 will always equal to 1 AXL on the Axelar chain.
How Does Wrapped Axelar Work?
When the AXL token goes live, some exchanges will not list the native version of the token. Supporting a new blockchain involves some degree of complexity on the part of the exchange. Therefore, instead, they will support the ERC-20 version.
In order to prevent confusion with native AXL, most exchanges supporting ERC-20 AXL are assigning it a unique ticker, wAXL. In some cases, exchange naming conventions and/or technology will render that ticker in all caps — WAXL. There are even some cases where the exchange supports an ERC-20 version of AXL, and is representing it without any prefix, just as AXL. There are other cases where exchanges are supporting the native token and representing it as WAXL, due to conflict with established tickers on the exchange. For these reasons, it is important for exchange users to carefully read documentation provided by the exchange, to ensure they understand which version of the token they are dealing with.
Native AXL addresses will begin with the axelar prefix, e.g., axelar16tevaqgshecgjwvfzczfsv00w4czh3p2vge58m.
ERC-20 AXL addresses (wAXL) are standard Ethereum addresses that begin with the 0x prefix, e.g.,0x032F81c6aE8f40e556Db04041b208ef1a3b76123. (Both example addresses shown here are generated by test wallets maintained by the Axelar team.)
Wrapped Axelar (WAXL) Community
- Twitter: https://twitter.com/axelarnetwork
- Discord: https://discord.com/invite/aRZ3Ra6f7D
- Telegram: https://t.me/axelarcommunity
Wrapped Axelar FAQ
What is the price of Wrapped Axelar (WAXL) token?
The current Wrapped Axelar usd price is $0.1311. We update the Wrapped Axelar USD price in real time. Get live prices of Wrapped Axelar on different cryptocurrency exchanges around the world on Coincarp.
Is Wrapped Axelar (WAXL) token a good investment?
It depends on your personal risk tolerance and investment goals. Wrapped Axelar is a cryptocurrency that is highly volatile and therefore may not be suitable for all investors. Before investing, please do your own research about cryptocurrencies, crypto wallets, cryptocurrency exchanges, and smart contracts, and it is crucial to understand the risks and potential rewards of investing in cryptocurrencies..
If you decide to get involved in Wrapped Axelar investing, you will also need to understand the Wrapped Axelar project's white paper, team background, tokenomics, and the overall market environment.
The main ways to get involved in Wrapped Axelar investing are by participating in Spot trading or pledging to earn interest. Perpetual and ETF/Leveraged trading are very risky and are not recommended for non-professionals.
Where can I buy Wrapped Axelar (WAXL) token token?
You can buy Wrapped Axelar from a cryptocurrency exchange (CEX or DEX) or some cryptocurrency wallets. Usually we choose cryptocurrency exchanges to buy, most exchanges require you to set up an account and verify your identity before buying Wrapped Axelar. Cryptocurrency exchanges that currently support Wrapped Axelar trading include:
If there is any error, please feedback to us, our email is [email protected]. Please be aware that buying and selling Wrapped Axelar involves high risks.You should always do your own research and make sure you understand the risks associated with Wrapped Axelar trading before you begin.
How to short Wrapped Axelar (WAXL) token?
According to CoinCarp's tracking data, no crypto exchange yet supports Wrapped Axelar contracts or ETF trading. so you can't short Wrapped Axelar
What will Wrapped Axelar (WAXL) token be worth in 5 years?
It is impossible to predict what Wrapped Axelar will be worth in five years. The cryptocurrency market is highly volatile and can be affected by a variety of factors, such as US dollar policy, government regulations, technological progress, market sentiment, Wrapped Axelar's circulating supply and the development of project ecology. Therefore, it is impossible to accurately predict the price of Wrapped Axelar 5 years from now.
WAXL Price Statistics
Wrapped Axelar Price
$0.1311
Price Change24h
$-0.016801 11.36%
24h Low / 24h High
$0.1301 / $0.1532
Trading Volume 24h
$2,139,109
Volume/Market cap (24h)
--
Market Dominance
--
Market Cap
--
Fully Diluted Market Cap
--
7d Low / 7d High
$0.1087 / $0.163
30d Low / 30d High
$0.106 / $0.163
90d Low / 90d High
$0.106 / $0.3502
52 Week Low / 52 Week High
$0.106 / $0.6357
All Time High
$0.6357
All Time Low
$0.106
