Axelar

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Axelar (AXL) turned out to be the biggest gainer of the day as its price took a major high road. AXL price recorded a massive surge of 58% in the last 24 hours as the biggest crypto exchange by trading volume <a href="https://news.todayq.com/us-prosecutors-seek-tighter-restrictions-for-binance-cz/" rel="noopener noreferrer nofollow">Binance</a> announced that it will list the token. However, Axelar will trade under Seed Tag over the exchange. Axelar set to trade on Binance 
Binance in a post announced the listing of Axelar. It mentioned that the platform will open trading for AXL/BTC, AXL/USDT, AXL/FDUSD, and AXL/TRY trading pairs on March 1, 2024, at 11:30 (UTC). However, users can now start depositing AXL in preparation for trading, while withdrawals will open on March 2, 2024, at 11:30 (UTC).
AXL is a relatively new token so the risk of high price volatility may be mostly downward. Traders and investors should take caution and risk management into account before engaging in any trading activities in this token. They should conduct complete research on Axelar and its project for engaging in the trade.
Axelar will carry a Seed Tag on Binance. The crypto exchange labels a project with the “Seed Tag” which is innovative and has a higher risk and volatility compared to the other tokens listed on the platform.
It mentioned that Axelar describes itself as an interoperability infrastructure that connects various blockchains, assets, and applications. Its mission is to build a universal interoperability platform that will revolutionise interoperability in the decentralised space by providing a real bridge between different blockchain ecosystems. AXL trading vol up by 906% 
As we take a look at the Axelar performance, AXL is already on a gaining route. Its price has jumped by 140% in the last 30 days. Its 24 hour trading volume recorded a major surge of 906% to stand at $205 million.&nbsp;
Axelar registered a major price swing over Binance’s listing announcement. AXL price trading at around $1.5 price level spiked to breach the $2 mark. It went on to hit its all time high (ATH) of $2.66 amid this rally. Axelar is trading at an average price of $2.2, at the press time&nbsp; The crypto is holding a market cap of $1.29 billion.
This surge comes in when the crypto market heads into the correction period after recording a major rally. The cumulative crypto market cap now stands at over $2.2 trillion.
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Axelar (AXL) rockets 58% over this major announcement

Todayq News

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