Posted 3/2/2024, 9:00:56 PM
Axelar Token Surges 27% to All-Time High After Binance Listing Despite Volatility Warning
- Altcoin Axelar (AXL) hit a new all-time high after being listed on crypto exchange Binance
- Axelar is an interoperability platform that connects different blockchains
- Axelar's native token AXL rose 27% in 24 hours, surging to $2.64 after the listing
- Binance labeled AXL a "seed" token due to volatility and liquidity risks
- Axelar launched a new Cosmwasm-powered virtual machine for scalable, programmable interchain deployments
