The elephant in the crypto room? Price. We're all checking it, constantly. And at this moment, you might be asking yourself, what is Axelar’s AXL price. Is it going up? Down? More importantly, why? Forget the crypto hype, the influencers, and the “get rich quick” schemes. Let's talk about something more fundamental: the free market and individual responsibility within it.

Is AXL’s Price Truly Organic?

In that sense Axelar wants to be the plumbing for Web3 and connect all the different blockchains together. Imagine it as the TCP/IP protocol that keeps the internet running. The problem is that a brilliant idea isn’t enough to ensure success—or, for that matter, a high token price.

Axelar boasts impressive backers: Binance, Coinbase Ventures, and others. They’ve just announced a $60 Million ecosystem fund. That’s a huge amount of fuel to ignite accelerated adoption. Keep in mind, venture capital is smart money, not magic money. It can create an environment that accelerates their growth, but it can’t shove a square product that nobody wants onto a round consumer down their throat. AXL’s price is an indication of how valuable the Axelar network is in the eyes of users. That value comes from you—whether you’re a user, a developer, or an investor.

This isn't some centrally planned economy. We are not advocating for some socialist blockchain utopia. It's a free market. And in a free market, the choice is yours. Do you find Axelar's cross-chain capabilities useful? Are developers really building the killer dApps on the platform? Are you using it? If the answer is yes, then demand for AXL will naturally increase, pushing up the price. If not, well...

Beyond Hype: Axelar’s Real-World Utility

The project has been struggling for a while, with AXL’s price as of writing remaining lower than $0.32 and ranked #140 on CoinMarketCap. The circulating supply is substantial. The numbers are just a snapshot. They don't tell the whole story. We need to look at the fundamentals.

Axelar’s architecture, on which core infrastructure like EigenDA is built, relies on a Proof-of-Stake (PoS), secure by a dynamic validator set. This is a key differentiator. In fact, contrary to many other cross-chain solutions that use less secure “optimistic” or “federated multi-sig” methods. Security matters. And that’s the foundation of trust in any system, particularly a decentralized one.

Axelar provides developers with tools – protocols, APIs, and SDKs – to build cross-chain applications without needing to learn a dozen new programming languages. This is huge. It reduces the barrier to entry and spurs innovation. The $60 million funding program is designed to incentivize developers to build the next generation of decentralized exchanges and other Web3 applications.

Here's the thing: technology alone isn't enough. We've seen countless projects with brilliant technology fail because they couldn't find a real-world use case or attract a critical mass of users.

Think about it. Axelar wants to replace centralized exchanges. That's a laudable goal. CEXs have undeniable conveniences, liquidity, and most importantly, a user experience that DEXs have yet to come close to providing. For Axelar, this means proving that its technology is best-in-class. Beyond meeting federal standards, it has to deliver a user experience that’s second to none in the market.

Your Due Diligence, Your Responsibility

Whether Axelar succeeds may depend on the decisions of a few key actors. Regardless, their highly informed choices will always set the market price of AXL higher or lower. This is the core of a free market. Look past the razzle dazzle, the bullshit, the snake oil. Do your own research.

  • Understand the technology. How does Axelar actually work? What are its strengths and weaknesses?
  • Assess the competition. Who else is trying to solve the cross-chain problem? What are their approaches?
  • Evaluate the team. Who are the founders? What is their track record?
  • Consider the tokenomics. How are the tokens distributed? What are the incentives for holding AXL?

Investing in crypto is inherently risky. There are no guarantees. Don’t blame others for what you choose to do. With a little bit of due diligence, you can greatly increase your odds of success. Creating real value The AXL price is more than a number on a screen. And it’s a product of the combined creative genius of all those individual actors operating in a free market. Make yours count.

Avoid being influenced by FOMO or get-rich-quick tactics. Come at this with sober minds, but healthy skepticism. For that’s how you get ahead — the free market rewards the hustlers who are willing to grind. I would add those who are willing to accept risk in making their own decisions.