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Buy or Exhange Axelar Wrapped Ether (AXLETH) at the Best Market Price Today.
Axelar Wrapped Ether Chart
What is the project about? axlETH is a wrapped, multi-chain representation of Ethereum. For each unit of axlETH, there is a unit of ETH locked in an Axelar Gateway on Ethereum. axlETH is secured by a dynamic validator set running delegated Proof-of-Stake, which holds key shares in the Axelar Gateways via multi-party cryptography. Acquire axlETH in three ways: Swap via liquid pairs on any of the DEXs listed here. Swap via Squid, a cross-chain liquidity router built on Axelar. Mint via Satellite, a cross-chain bridge built by Axelar How is axlETH secured? Like all Axelar-wrapped assets, axlETH's security depends on a dynamic validator set (numbering 75 at this writing), running delegated proof-of-stake. In other words, Axelar secures cross-chain communication using the same approach as many of the chains it connects. Units of axlETH are minted when a user deposits USDC into a Gateway contract on the Ethereum chain. Axelar's decentralized validator set secures these Gateways via key shares in a multiparty cryptography scheme. Here's a brief explanation of Gateways and how they are secured, from the "Learn More" section of the Axelar documentation: Once a cross-chain message is initiated by a dApp user, its first stop is to interact with an Axelar Gateway. On each chain connected to Axelar network, a Gateway is deployed. On EVM chains, it is a smart contract address. On Cosmos and other non-EVM chains, it is an application with logic and the ability to communicate with Axelar network. This Gateway is used to receive messages from a connected dApp and send them into the Axelar network for routing to any connected chain. The Gateway is controlled by a key, which is held jointly by all Axelar validators. This is accomplished through a multiparty cryptography scheme, where the key is divided into many pieces, called key shares. Each validator holds many key shares, and the amount of shares is dictated by the amount AXL tokens staked with the validator.
The current price of 1 Axelar Wrapped Ether (AXLETH) in USD is $2,778.65.
This price is currently -32.11% than its all-time high (ATH) of $4,093.57,
and 155.75% than its all-time low (ATL) of $1,086.71.
Please note that cryptocurrency prices are highly volatile and can change rapidly depending on market conditions,
investor sentiment, and exchange platform variations. It's important to stay updated with the latest market trends to understand the fluctuations in Axelar Wrapped Ether’s price.
The market capitalization of Axelar Wrapped Ether (AXLETH) is $0.00E+000 as of today.
Axelar Wrapped Ether (AXLETH) is currently ranked # in the market, and this market cap is calculated by multiplying the current price of Axelar Wrapped Ether with the circulating supply.
The circulating supply of Axelar Wrapped Ether (AXLETH) is 0, meaning there are 0 tokens in circulation.
It is important to note that the market cap can fluctuate significantly due to the volatility of cryptocurrency prices, as well as changes in the circulating supply based on mining or token burns.
The market cap reflects the overall value of Axelar Wrapped Ether (AXLETH) in the market and provides an insight into its market dominance and potential for future growth. For the most accurate and up-to-date information, always check the latest market updates on Axelar Wrapped Ether (AXLETH)’s official platforms.
The trading volume of Axelar Wrapped Ether (AXLETH) today is $172,735.00.
This represents the total value of Axelar Wrapped Ether (AXLETH) transactions in the market over the last 24 hours.
A higher trading volume indicates strong market activity, liquidity, and interest in the token.
As of now, Axelar Wrapped Ether (AXLETH) is being actively traded across several exchanges, with buyers and sellers participating in high - frequency transactions.
The trading volume metric, which plays a vital role in market assessment, reveals the extent of Axelar Wrapped Ether's market activity and liquidity. Market interest remains strong when trading volumes are high because considerable trading activity means individual transactions have a limited impact on market price. coin.Name stands out as the most actively traded cryptocurrency because of its large trading volume. Institutions and people use it to sell and store monetary value.
Monitoring trading volume is crucial as it helps identify trends in market sentiment, potential price volatility, and overall token demand.
Stay informed about the latest updates on Axelar Wrapped Ether (AXLETH) to make well-informed trading decisions.
The all-time high (ATH) price of Axelar Wrapped Ether (AXLETH) is $4,093.57.
This ATH was reached on 06 Dec 2024, marking the highest value ever for Axelar Wrapped Ether (AXLETH) in the market.
Currently, Axelar Wrapped Ether is lower than its ATH by -32.11%,
reflecting a lose since its peak.
ATH values are essential for understanding the maximum market valuation of Axelar Wrapped Ether, offering insight into its performance
and potential growth trajectory. As cryptocurrency prices are volatile, it's crucial to stay updated on the latest trends.
The all-time low (ATL) price of Axelar Wrapped Ether (AXLETH) is $1,086.71.
This ATL was reached on 22 Nov 2022, marking the lowest value ever for Axelar Wrapped Ether (AXLETH).
Currently, Axelar Wrapped Ether is higher than its ATL by 155.75%,
reflecting a gain since its lowest point.
ATL values are essential for understanding the minimum market valuation of Axelar Wrapped Ether (AXLETH), offering insight into its recovery
and potential for growth. As cryptocurrency prices are volatile, staying updated on the latest trends is important.
To buy Axelar Wrapped Ether (AXLETH), you can follow these steps:
1. Choose a Cryptocurrency Exchange: Axelar Wrapped Ether (AXLETH) is available on several popular cryptocurrency exchanges, such as Changelly Binance, CoinEx, KuCoin, etc. These platforms allow you to trade Axelar Wrapped Ether against various cryptocurrencies or fiat currencies like USD, EUR, and more.
2. Create an Account: Sign up on the exchange of your choice by providing the necessary details such as email, password, and KYC (Know Your Customer) verification.
3. Deposit Funds: Once your account is set up, deposit funds via bank transfer, credit card, or another supported payment method. Make sure you have USD or any other preferred currency in your exchange account to purchase Axelar Wrapped Ether.
4. Place an Order: After funding your account, navigate to the Axelar Wrapped Ether (AXLETH) trading pair (e.g., Axelar Wrapped Ether/USD) and place an order to buy. You can choose a market order for immediate execution or a limit order to buy at your desired price.
5. Store Your Coins Securely: After purchase, it's important to store your Axelar Wrapped Ether in a secure wallet. You can use the exchange wallet or transfer your coins to a private wallet for added security.
Note: Cryptocurrency investments are volatile. Ensure you do thorough research and consider risks before purchasing Axelar Wrapped Ether (AXLETH).
We make every effort to provide the latest market data. However, we cannot guarantee its absolute accuracy.
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Buy or Exhange Axelar Wrapped Ether (AXLETH) at the Best Market Price Today.