Name : Axelar (AXL)

AXL Price : $1.234 -4.11%

Consensus Mechanism : Proof of Stake

Volume: 18,951,618

Market Cap: 804,233,980

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Last Screening: Q1 2024

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Overview

Axelar enables secure cross-chain communication for Web3, allowing developers to build Interchain dApps that transcend single blockchains. Utilizing proof-of-stake, Axelar ensures robust security like Ethereum and Cosmos. Its decentralized network simplifies cross-chain integration, facilitating seamless token transfers and communication across diverse blockchains in a permissionless environment.

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