🟣 Why is the AXL token rising today despite the calm market?
(Axelar – Cross-Chain Momentum)**
The Axelar token (AXL) is moving against the market mood today…
And it is witnessing a noticeable rise in:
✔ Trading volume
✔ Number of transactions between chains
✔ Use of bridges (Cross-Chain Transfers)
✔ Activity of DeFi protocols built on it
The important question… why today specifically? 🤔
⸻
⭐ 1) New support announcement from major protocols for Cross-Chain Messaging
Today, an expansion of AXL integration with DeFi projects was announced,
Which means:
✔ More transfers between networks
✔ Increased demand for Axelar services
✔ Natural rise in token usage
⸻
⭐ 2) Clear movement on TVL (Total Value Locked)
The TVL for AXL has risen significantly today,
And this is usually a sign of real liquidity entering,
Not just a temporary pump.
⸻
⭐ 3) Increase in active wallets on the network
Today's On-Chain data shows:
✔ New users entering
✔ Increased transactions
✔ Rise in usage of applications built on Axelar
And this reflects “real” growth, not just media hype.
⸻
🎯 Summary
AXL is moving today due to actual activity on the network:
✔ New support
✔ Increased TVL
✔ Cross-Chain expansion
✔ New users
👇
So we saw the positive movement despite the calm market.
⚠️ Not investment advice — do your own research (DYOR).
