Axelar is an interoperable blockchain platform that allows the connection between different blockchain networks. Its goal is to overcome the limits of interoperability by allowing smooth transactions between independent blockchain ecosystems. Its native AXL token is used to ensure network security and transactions
.
Table of Contents:
When Will It Reach 1 Dollar?
Axelar has already reached and exceeded 1 dollar. According to current forecasts, it should maintain this level with prospects for constant growth, based on the expansion of the adoption of the platform.
When Will It Reach 10 Dollars?
The goal of 10 dollars could be reached by 2028, as the platform becomes better known and gains importance in the blockchain sector. However, the actual level will depend on the adoption of the protocol and
on competition.
When Will It Reach 100 Dollars?
Reaching 100 dollars is a more remote prospect for Axelar, as the platform should become a dominant, industry-leading interoperability solution. At the current rate of growth, this does not seem likely by 2030.
When Will It Reach 1000 Dollars?
1000 dollars for Axelar is an extremely ambitious scenario that would require the revolution of the blockchain ecosystem. It is difficult to predict that this will happen with the current dynamics, given the competition between interoperable blockchain platforms
.
Is it considered a good investment?
Advantages:
- Interoperability: It allows the connection between blockchains.
- Security: A protocol with reliable nodes.
- Growing Interest: High demand for interoperability.
Risks:
- Competition: Similar platforms emerge quickly.
- Adoption: Must maintain a high level of adoption.
Price Forecasts (2024-2030)
| Anno | Expected Price |
|---|---|
| 2024 | $3.53 |
| 2025 | $4.99 |
| 2026 | $6.62 |
| 2027 | $8.57 |
| 2028 | $10.8 |
| 2029 | $13.8 |
| 2030 | $17.5 |
