#AXL强势爆涨热潮来袭 $AXL Recently, AXL has experienced a significant surge in the market. On December 12, its price was temporarily reported at $0.5032, with a 24-hour price fluctuation of 32.77%. Previously, on December 10, the daily increase was 20.94%. This surge is not coincidental; it is the result of multiple factors resonating, such as the optimization of the token mechanism, frequent ecological and market actions, and more, specifically as follows:
1. Deflationary mechanism solidifies value foundation: After the Cobalt upgrade of Axelar, a transaction fee burning mechanism was launched, where 98% of AXL transaction fees will be automatically destroyed. Recently, a token destruction page was also launched, and over 90,000 AXL have been destroyed in the past five days. This continuous deflationary design reduces market circulation, becoming one of the core factors supporting the price increase.
2. Ecological function upgrade expands application scenarios: The Axelar team launched the open-source framework AgentFlux, which can ensure the information security of financial companies deploying automated agents while allowing individual AI agents to perform risk assessments and transactions across multiple blockchains. This upgrade strengthens the competitiveness of Axelar's cross-chain infrastructure, attracting more institutional users' attention and indirectly driving the demand for AXL.
3. Positive market circulation and trading conditions: On December 2, AXL was listed on the Hyperliquid spot market, allowing trading pairs to be created without extra fees, significantly enhancing trading convenience and market accessibility. Subsequently, Binance launched AXL fixed-term financial products with a maximum annualized return of 20%. At the same time, DWF transferred 2.5 million AXL to an address suspected to belong to the Axelar team, and large investors stored significant amounts of coins, further boosting market confidence.
4. Overall cryptocurrency market atmosphere support: On December 10, the total market capitalization of cryptocurrencies increased by 2.51%, with Bitcoin also rising by 2.99%. The positive trend in the overall market provides a favorable environment for the rise of altcoins like AXL, helping to initiate a surge in prices.
