Latest Axelar (AXL) News Update

By CMC AI
13 September 2026 03:23PM (UTC+0)

What is the latest news on AXL?

TLDR

Axelar is solidifying its role as critical cross-chain infrastructure, with recent news highlighting major ecosystem integrations and a strategic pivot by Ripple. Here are the latest updates:

  1. Ripple Recommends XRPL Bridge Withdrawal (28 August 2026) – Ripple proposes retiring its native bridge in favor of Axelar for the XRPL EVM Sidechain.

  2. Ecosystem Reports Major Growth Metrics (28 August 2026) – Axelar's network shows over $175M in total value locked and 4.5M+ transactions.

  3. XRP Ledger Goes Live on Axelar App (20 July 2026) – Integration enables XRP to move across 16+ chains via Axelar's Interchain Token Service.

Deep Dive

1. Ripple Recommends XRPL Bridge Withdrawal (28 August 2026)

Overview: Ripple's senior software engineer, Mayukha Vadari, officially recommended the XRP Ledger community withdraw the pending XLS-38 (XChainBridge) amendment. The primary rationale is that Axelar already fully serves the bridge function for the XRPL EVM Sidechain, which launched in June 2025. Ripple cited a lack of developer demand for the native bridge and noted that removing it would delete over 10,000 lines of inactive code, reducing maintenance burdens and potential attack surfaces.

What this means: This is bullish for Axelar because it represents a significant vote of confidence from a major blockchain entity, effectively anointing Axelar as the preferred interoperability layer for XRPL's expansion into EVM ecosystems. It could drive increased usage and fee capture for the Axelar network as XRPL-based assets flow through it. (RippleX)

2. Ecosystem Reports Major Growth Metrics (28 August 2026)

Overview: A community update highlighted Axelar's key network statistics, including a total volume exceeding $13 billion, Total Value Locked (TVL) over $175 million, and more than 4.5 million total transactions. The update also noted specific integrations, such as $SOL being live on the XRP Ledger and the $SOIL token entering the XRPL ecosystem, both powered by Axelar's bridging infrastructure.

What this means: These metrics are neutral to bullish, demonstrating tangible network usage and growth. The rising TVL and transaction count signal healthy ecosystem activity, which underpins the utility of the AXL token for security and fees. The specific integrations show Axelar's expanding role in connecting major chains. (Encapsulate HQ)

3. XRP Ledger Goes Live on Axelar App (20 July 2026)

Overview: Axelar announced that the XRP Ledger and its EVM Sidechain are now live on the Axelar App. This integration utilizes Axelar's Interchain Token Service (ITS), allowing XRP and other tokens to move into and out of the XRPL ecosystem across the more than 16 EVM chains Axelar supports.

What this means: This is bullish for Axelar as it directly expands its addressable market and utility. By providing a seamless bridge for XRP—a top-tier asset with a large holder base—Axelar positions itself to capture cross-chain transaction volume and liquidity flows, potentially increasing demand for AXL. (TradingView)

Conclusion

Axelar's trajectory is being shaped by high-profile ecosystem adoptions and validation from established players like Ripple, reinforcing its infrastructure status in cross-chain interoperability. Will rising transaction volume from these integrations translate into sustained demand for the AXL token?

What are people saying about AXL?

TLDR

Axelar's community is buzzing about its essential role in connecting blockchains, with a mix of bullish utility talk and bearish security jitters. Here’s what’s trending:

  1. Builders are championing AXL's undervalued role as critical infrastructure for cross-chain liquidity.

  2. A major security exploit on a connected bridge has raised concerns, though the core protocol was unaffected.

  3. Technical analysts are watching for a breakout from a descending channel, eyeing a move toward $0.77.

Deep Dive

1. @lazy0utis: Undervalued cross-chain infrastructure bullish

"Same thing with me like I still don’t understand how $DOGE is sitting at $14B while $AXL which plays an important role in connecting the entire blockchain space, still feels undervalued to me." – @lazy0utis (6.9K followers · 12 April 2026 12:47 PM UTC) View original post What this means: This is bullish for AXL because it highlights a core investment thesis: the token powers secure connections between major ecosystems (Ethereum, XRP Ledger, Hedera), suggesting long-term value isn't reflected in its current $55.7M market cap.

2. @cmcal_bot: Secret Network bridge exploit bearish

"New event added: Axelar Bridge Integration... 20 Jul 2026 Impact 6/10" – @cmcal_bot (34.0K followers · 20 July 2026 04:13 PM UTC) View original post What this means: This is bearish for AXL because it references a $4.67M exploit on the Secret Network bridge (TradingView News) that occurred 20 June 2026, undermining confidence in cross-chain security despite Axelar's claim its core protocol was safe.

3. @Cadela_Caolha: Weekly breakout watch bullish

"#axl/usdt: Axelar is poised to break out from the descending channel midline on the weekly timeframe. A confirmed rally could propel the price toward $0.77" – @Cadela_Caolha (1.2K followers · 11 August 2026 07:30 PM UTC) View original post What this means: This is bullish for AXL as it points to a specific technical setup and price target ($0.77), suggesting traders see potential for significant upside if key resistance levels are breached, aligning with the broader interoperability narrative.

Conclusion

The consensus on AXL is bullish but cautious, centered on its indispensable infrastructure role versus market perception and security risks. The narrative is split between long-term believers in cross-chain utility and traders reacting to volatility and past exploits. Watch for sustained growth in cross-chain transaction volume as the true measure of its utility adoption.

What is next on AXL’s roadmap?

TLDR

Axelar's development continues with these milestones:

  1. XRPL, Stellar & Hedera Integrations (Speculative) – Connecting major non-EVM chains to enhance cross-chain liquidity and utility.

  2. Interchain Amplifier Deployment (Long-term) – Enabling permissionless, scalable connections for new blockchains via decentralized governance.

  3. Enhanced AXL Tokenomics (Ongoing) – Implementing a gas fee-burning mechanism to potentially make the token deflationary.

Deep Dive

1. XRPL, Stellar & Hedera Integrations (Speculative)

Overview: Social media chatter from early 2026 suggests Axelar is working on integrating the XRP Ledger (XRPL), Stellar, and Hedera networks (ChartNerdTA). These would be significant additions, expanding Axelar's reach beyond EVM and Cosmos chains to include other major consensus architectures. The integrations would allow assets like XRP, XLM, and HBAR to move seamlessly across Axelar's connected ecosystem of 60+ blockchains.

What this means: This is bullish for AXL because each new major chain increases the network's total addressable market and utility, potentially driving more transaction volume and fee demand. However, it's neutral in the near term as these are speculative and lack confirmed timelines, posing execution risk.

2. Interchain Amplifier Deployment (Long-term)

Overview: A core component of the Axelar Virtual Machine (AVM), the Interchain Amplifier aims to allow permissionless connections for new chains (Axelar Blog). Instead of relying on core developers, validators could vote to onboard new blockchains through a decentralized governance process, dramatically scaling the network's reach.

What this means: This is bullish for AXL as it could exponentially increase the number of connected chains, reinforcing Axelar's position as a foundational interoperability layer. The long-term nature is a risk, as successful implementation depends on sustained validator participation and secure economic design.

3. Enhanced AXL Tokenomics (Ongoing)

Overview: The "Cobalt" upgrade in early 2025 reduced network inflation, and a governance proposal for a gas-burning mechanism remains on the roadmap (Axelar Blog). This would send transaction fees to a burn address instead of distributing them, potentially making AXL deflationary if network usage grows sufficiently.

What this means: This is bullish for AXL because a deflationary model could create stronger scarcity dynamics, aligning token value with network usage. It's neutral in the short term because its activation depends on a governance vote and requires a significant rise in transaction volume to be effective.

Conclusion

Axelar's roadmap focuses on expanding connectivity to diverse blockchains and refining its token economics to capture value from growing cross-chain activity. Success hinges on timely execution and converting new integrations into sustained usage. How will adoption of these speculative chain integrations translate into measurable demand for AXL?

What is the latest update in AXL’s codebase?

TLDR

Axelar's development continues with steady updates to its core software development kits (SDKs) and developer tools.

  1. Maestro Portal Patch (26 March 2025) – Fixed a default RPC URL for the Fantom network to ensure reliable connections.

  2. Major SDK Dependency Upgrades (30 June 2024) – Overhauled core libraries for better performance and added new token transfer methods.

  3. Core Type Definitions Update (29 January 2026) – Updated internal code to support the latest version of Axelar's main blockchain software.

Deep Dive

1. Maestro Portal Patch (26 March 2025)

Overview: This was a minor patch to the Maestro portal, a key developer tool for managing interchain tokens. It fixed a broken connection to the Fantom network by updating a default server address.

The change ensures developers and users can reliably interact with the Fantum blockchain through Axelar's infrastructure without interruption. It's a maintenance update focused on stability.

What this means: This is neutral for Axelar because it doesn't add new features but fixes a technical hiccup. It ensures a smooth experience for developers building on Fantom and maintains the network's reliability for end-users.

(Source)

2. Major SDK Dependency Upgrades (30 June 2024)

Overview: This significant update to the Axelar JavaScript SDK upgraded foundational libraries and introduced a new sendToken method. This allows applications to initiate cross-chain token transfers directly, simplifying the process for developers.

The refactor made gas fee estimates more accurate, especially for layer-2 blockchains, and added support for several new networks.

What this means: This is bullish for Axelar because it makes building on its network easier and more powerful. Better gas estimates mean more predictable costs for users, and direct token transfers enable smoother, more efficient applications.

(Source)

3. Core Type Definitions Update (29 January 2026)

Overview: This update refreshed the axelarjs-types package, which contains the fundamental code definitions for the Axelar blockchain. It aligned the developer tools with the latest core protocol upgrade (axelar-core v0.50).

This ensures that applications and services using the SDK have accurate and up-to-date information about how to interact with the Axelar network.

What this means: This is neutral for Axelar as it's a necessary backend maintenance task. It keeps the developer ecosystem healthy and compatible with the evolving main network, preventing future technical issues.

(Source)

Conclusion

Axelar's codebase is actively maintained with a focus on developer experience, network reliability, and keeping pace with core protocol upgrades. How will these under-the-hood improvements translate into increased developer adoption and network usage in the coming months?

CMC AI can make mistakes. Not financial advice.