Axelar $AXL is currently trading at $0.8964, up 7.26% in the last 24 hours. Market cap sits at a healthy $734.8M, also up 7.38%. Volume is surging at $52.41M, a significant 61.25% increase.
Key points for traders:
đStrong momentum: $AXL is experiencing a positive price swing with good daily gains.
đIncreased activity: Trading volume is surging, indicating higher market interest.
đRoom for growth: Price remains well below its all-time high of $2.66 (reached 8 months ago).
đConsider TVL: While market cap is high, TVL sits at $210.75M, a ratio of 3.45 for market cap/TVL. Do your research to understand the potential impact. $AXL
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