Axelar (AXL)

In red days of markets there are some projects that hold the line and goes up, one of them is AXL, Axelar delivers secure cross-chain communication. That means dApp users can interact with any asset, any application, on any chain, with one click. You can think of it as Stripe for Web3. Developers interact with a simple API on top of a permissionless network that routes messages and ensures network security via proof-of-stake consensus. Axelar goes far beyond sending wrapped assets with General Message Passing, which carries any payload securely cross-chain. Applications can call any function on any connected chain, and deliver a one-click experience for users on any other connected chain. This is a new kind of dApp development that puts users first and lets developers build on the platform best suited to their use case.

tp 1.1 , 1.5 , 2.9
sl 0.8 , 0.75

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Coinbase will list Wrapped Axelar (WAXL) tomorrow, on October 25th

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Polygon has teamed up with Axelar network, a secure communication layer that connects Web3 ecosystems, to enhance secure cross-chain communications of Polygon Supernets

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Axelar is launching $60M ecosystem startup funding program with the support from Blockchange, Chorus One, Collab+Currency, DCVC, Divergence Ventures, Dragonfly Capital, Lemniscap, Morningstar Ventures and others. The program is designed to nurture a pipeline of developers building Web3 products that rival anything on the centralized web.

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