Key Takeaways
The Axelar cross-chain protocol has followed up its 2024 partnership with Ripple with the March 2025 news that investment firm Canary Capital had applied to an AXL exchange-traded fund (ETF).
Investors hope that the ETF if approved, will help lift the price of AXL, which has been on a downturn over the last year or so despite a positive last month.
On March 6, 2025, Axelar was worth about $0.444.
Let’s examine our Axelar price predictions, made on March 6, 2025. We will also examine the Axelar price history and discuss what Axelar is and does.
Let’s look at the AXL predictions made by CCN on March 6, 2025. The projections will be made using the wave count method, adding and removing 20% from the final targets to create the minimum and maximum predictions.
Minimum AXL Price Prediction | Average AXL Price Prediction | Maximum AXL Price Prediction | |
---|---|---|---|
2025 | $0.112 | $0.14 | $0.168 |
2026 | $0.098 | $0.122 | $0.146 |
2030 | $0.06 | $0.075 | $0.09 |
The most likely count suggests that AXL completed a five-wave downward movement starting in February 2024.
After an A-B-C correction, AXL started another five-wave decline, which could end at $0.15 in August 2026.
Since the direction of the trend afterward is unclear, we will use the rate of decrease for the past three years to make an AXL price prediction for the end of 2025, 2026 and 2030.
AXL has fallen by 25% since March 2023, and projecting this decline forward leads to AXL price predictions of $0.140, $0.122, and $0.075 for the end of 2025, 2026, and 2030.
The wave count method combined with the daily rate of decrease gives an AXL price prediction range between $0.112 and $0.178 for the end of 2025.
The wave count method combined with the daily rate of decrease gives an AXL price prediction range between $0.098 and $0.146 for the end of 2026.
The wave count method combined with the daily rate of decrease gives an AXL price prediction range between $0.06 and $0.09 for the end of 2030.
The daily time frame analysis shows that AXL has created a double bottom pattern since March. Besides being a bullish pattern, the double bottom combines bullish divergences in the RSI and MACD.
A breakout from the descending resistance trend line will confirm the pattern and lead to a significant price increase.
If that happens, the next resistance will be at $0.64, created by a horizontal and Fibonacci level.
The AXL price prediction for the next 24 hours is bullish. AXL will likely break out from its resistance trend line and gradually increase toward $0.64.
The Average True Range (ATR) measures market volatility by averaging the largest of three values: the current high minus the current low, the absolute value of the current high minus the previous close, and the absolute value of the current low minus the previous close over a period, typically 14 days. A rising ATR indicates increasing volatility, while a falling ATR indicates decreasing volatility. Since ATR values can be higher for higher-priced assets, normalize ATR by dividing it by the asset price to compare volatility across different price levels.
On March 6, 2025, Axelar’s ATR was 0.0521, suggesting relatively high volatility.
The Relative Strength Index (RSI) is a momentum indicator traders use to determine whether an asset is overbought or oversold. Movements above 70 and below 30 show over and undervaluation, respectively.
Movements above and below the 50 line also indicate if the trend is bullish or bearish.
On March 6, 2025, the Axelar RSI was at 48, indicating basically neutral conditions with a hint of bearishness.
The Total Value Locked (TVL) to market cap ratio (TVL ratio) measures the valuation of a decentralized finance (DeFi) project by comparing its market capitalization to the total value of assets locked in its smart contracts. This ratio shows the project’s utilization and links the platform’s health to the value of locked assets.
A ratio above 1.0 indicates overvaluation because the market cap exceeds the value of assets used in the platform. A ratio below 1.0 indicates undervaluation because the market cap is lower than the value of locked assets.
On March 6, 2025, the Axelar TVL ratio was 2.22, suggesting overvaluation.
The CCN Strength Index combines an array of advanced market signals to measure the strength of individual cryptocurrencies over the last 30 days.
Every day, it assigns a strength score, ranging from 0 to 100, to the top 500 assets by market capitalization on CoinMarketCap, focusing on both trend direction and the intensity of price movements.
The index dynamically adapts to rapid changes. For example, an asset experiencing a 100% increase within a short timeframe would see a sharp jump in its score to reflect the intensity of the rise.
However, should that asset stabilize at this new price level, the score will gradually taper down and align with the dampened momentum as the movement normalizes. The same principle applies to rapid declines: a sudden drop will spike the score downward, but the score will slowly adjust back up as volatility decreases.
On March 6, 2025, Axelar scored 32.2 on the CCN Index, suggesting weak momentum.
Axelar is a cross-chain communication token, so let’s compare it to other cryptos from the same category.
We looked at the Axelar price history and found the times when the price was at its lowest across certain days, months, quarters and even weeks in the year, indicating the best times to buy AXL.
Day of the Week | Saturday |
Week | 51 |
Month | February |
Quarter | Fourth |
Following that, let’s now take a look at some of the key dates in the Axelar price history . While past performance should never be taken as an indicator of future results, knowing what the coin has done can help give us some very useful context when it comes to either making or interpreting an Axelar price prediction.
Time period | Axelar price |
---|---|
Last week (Feb. 27, 2025) | $0.4484 |
Last month (Feb. 6, 2025) | $0.4194 |
Three months ago (Dec. 6, 2024) | $1.10 |
One year ago (March 6, 2024) | $2.20 |
Launch price (September 28, 2022) | $0.8516 |
All-time high (March 1, 2024) | $2.66 |
All-time low (Oct. 26, 2023) | $0.3136 |
The market capitalization, or market cap, is the sum of the total number of AXL in circulation multiplied by its price.
On March 6, 2025, Axelar’s market cap was $417 million, making it the 130th-largest crypto by that metric.
On March 6, 2025, one wallet held nearly 20% of the supply of Axelar.
As of March 6, 2025, the five wallets with the most Axelar were
Supply and Distribution | Figures |
---|---|
Total supply | 1,193,115,104 |
Circulating supply (as of March 6, 2025) | 926,982,318 (77.69% of total supply) |
Holder distribution | Top 10 holders owned 54.4% of total supply as of March 6 2025. |
In its technical documentation or whitepaper , Axelar says its stack provides a decentralized network, protocols, tools, and APIs that allow simple cross-chain communication. Axelar protocol suite consists of cross-border routing and transfer protocols.
It said: “A decentralized open network of validators powers the network; anyone can join, use it, and participate. Byzantine consensus, cryptography, and incentive mechanisms are designed to achieve high safety and liveness requirements unique for cross-chain requests.”
Axelar is a platform based on the Ethereum blockchain that lets people work across different blockchains. Its native token, AXL, supports it.
Because AXL is based on Ethereum, it is a token, not a coin. You might see references to such things as an Axelar coin price prediction, but these are wrong.
AXL holders can vote on changes to the Axelar platform. People can also set aside or stake AXL in return for rewards, and it can be bought, sold, and traded on exchanges.
It is hard to say. The token has been on a downturn recently and we don’t know when, or if this could end. One might hope the Axelar ETF proposal could help it, but it is still a long way from being approved.
As always with crypto, you should do your own research before deciding whether or not to invest in AXL.
No one can really tell right now. While the Axelar crypto price predictions are largely positive, price predictions have a well-earned reputation for being wrong. Keep in mind that prices can and do go down and up.
Before you decide whether or not to invest in Axelar, you will have to do your own research, not only on AXL but also on related coins and tokens such as Ethereum (ETH) and Solana (SOL). Either way, you will also need to ensure you never invest more money than you can afford to lose.
It looks highly unlikely that Axelar could reach $10 before the 2030s, if ever, according to our price predictions based on technical analysis.
AXL pays for transactions on the Axelar platform. People can also buy, sell, and trade AXL on exchanges.