🌉 #AXLUSDT : Cross-Chain Infrastructure "Forgotten" But Full of Potential 🔗
💰 Current Price $0.0800 USD
Market Cap: $88-103M
24h Change: -7.96% 🔴
7 Day Change: +5.32%
30 Day Change: -39.72% ⚠️
ATH (1/3/2024): $2.77
ATL (10/10/2025): $0.0301
24h Volume: $59.13M
🎯 What Is This?
Axelar = Multi-Chain Communication Network for Web3
Connecting 80+ blockchains (Ethereum, Cosmos, Avalanche, Polygon, Bitcoin, etc.)
Generalized Message Passing (GMP) = Transmitting any payload between chains
Different from traditional bridges: Allows computation across chains, not just token transfers
Mainnet: May 2022 - The project is not entirely new but is still developing
Investors: Binance, Coinbase Ventures, Dragonfly, Polychain
🔥 Why Is AXL "Forgotten"?
1. Bear Market for Infrastructure Tokens 📉
AXL decreased 76.67% in 1 year from ATH $2.77 down to $0.08
Current crypto bull market focuses on: Layer 2, DePIN, AI → Forgotten infrastructure
Investor attention: Most focus on new tokens (BTR, ACU) rather than old infrastructure
2. Technology Is Good Enough, Adoption Is Slow 🐢
GMP is technically great, but adoption from dApps is still slow
TVL (Total Value Locked): Only $168.31M
Comparison: Curve ($2B), Uniswap ($3B+) → Axelar is still tiny
Projects using Axelar are still few: Portal to Bitcoin, Satoshi Protocol
3. Narrative Fatigue 🤷
Cross-chain bridges were hot (2021-2022) but faced many hacks
Incidents: Ronin ($625M), Harmony ($100M) hacks have affected Axelar
Investors say: "Cross-chain bridge = high risk" → Avoid
4. Supply Inflation Is Still Ongoing 💧
Circulating: 1.11B / Total: 1.22B
91% of supply has been unlocked → Vesting schedule continues
Budget may still be withdrawn monthly → Selling pressure may easily occur
#USIranStandoff #TSLALinkedPerpsOnBinance #AXL/USDT
