Axelar Soars 50% in 24 Hours: What’s Fueling the Surge in AXL Price?

Axelar Breaks Out with Strong Momentum

Axelar (AXL) has captured attention with a 50% surge in the past 24 hours, trading around $0.49 after hitting an intraday high near $0.62. This spike came amid a wave of profit-taking but still marks a strong performance compared to its recent lows.

The 24-hour trading range extended from approximately $0.33 to $0.62, highlighting a significant breakout from earlier consolidation. On the weekly chart, AXL is up about 47%, continuing an upward trend that started in early June.

This momentum looks even more impressive when viewed against the backdrop of Axelar’s all-time low of $0.27, recorded just two months ago in April 2025. Since then, AXL has rebounded over 80%, driven by growing confidence in cross-chain technology.

Technical Breakout and Investor Buzz

Several key factors are supporting Axelar’s recent rally:

• Volume Surge: Over $650 million in trading volume was recorded in the last 24 hours, signaling strong interest from both retail and institutional investors.
• Bullish Reversal: AXL broke above the $0.40–$0.42 resistance zone, a move that confirmed bullish sentiment and added to the buying pressure.
• Key Price Levels: If AXL holds above $0.50, it could retest the $0.62 resistance. On the downside, $0.33 now serves as a critical support zone.

This technical setup, along with the sharp rise in liquidity, points to increasing market optimism. The volume spike also suggests Axelar is gaining traction as attention returns to the cross-chain and DeFi ecosystems.

Why Interoperability Is Driving AXL’s Growth

The broader crypto narrative is also working in Axelar’s favor. As Web3 infrastructure matures, the demand for seamless interoperability between blockchains continues to grow. Axelar’s technology enables secure cross-chain communication, positioning it as a key player in the evolving decentralized landscape.

Protocols that facilitate blockchain connections are gaining investor interest, and Axelar is emerging as one of the more promising options. Its recent price surge reflects this renewed confidence.

Axelar’s sharp rebound and soaring trading volume make it one of the most-watched tokens in the market right now. While the gains are impressive, the token remains volatile. Investors bullish on cross-chain infrastructure may see long-term potential, but caution is warranted as market swings can be sudden.