WAXL
1. Fundamental Analysis
1.1 Introduce
Axelar delivers secure cross-chain communication for Web3. Our infrastructure enables dApp users to interact with any asset or application, on any chain, with one click. Axelar is a blockchain that connects blockchains, enabling universal Web3 interoperability. The network is secured using proof-of-stake consensus, and messages are routed and translated using permissionless protocols. Axelar is like Stripe for Web3.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | WAXL | Market Cap | 580712431.7755 |
| Name | Axelar | White Paper | -- |
| Web Site | https://axelar.network/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://www.mintscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | -- | |
| Supply | -- | Release Date | 2022-09-28 |
| Available Supply | 888890910.417111 |
2. Technical Analysis
2.1 Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2025-01-01 | 0.6527 | 0.6616 | 0.6524 | 0.6524 | 5172.58008 |
| 2024-12-31 | 0.673 | 0.6871 | 0.6411 | 0.6488 | 58807.948312 |
| 2024-12-30 | 0.6942 | 0.7217 | 0.667 | 0.6715 | 285940.802423 |
| 2024-12-29 | 0.7427 | 0.7496 | 0.6855 | 0.6911 | 18659.664817 |
| 2024-12-28 | 0.694 | 0.7476 | 0.6775 | 0.7403 | 62858.082129 |
| 2024-12-27 | 0.7245 | 0.7598 | 0.6878 | 0.6927 | 70541.875254 |
| 2024-12-26 | 0.7945 | 0.8001 | 0.7142 | 0.7322 | 134151.051474 |
| 2024-12-25 | 0.8155 | 0.8333 | 0.78 | 0.7917 | 709604.943171 |
| 2024-12-24 | 0.7774 | 0.8183 | 0.7588 | 0.8152 | 317498.979071 |
| 2024-12-23 | 0.7347 | 0.8021 | 0.7298 | 0.7839 | 38849.294901 |
| 2024-12-22 | 0.7483 | 0.7651 | 0.724 | 0.7409 | 55542.310504 |
| 2024-12-21 | 0.7607 | 0.8098 | 0.7264 | 0.7418 | 67106.961387 |
| 2024-12-20 | 0.747 | 0.7667 | 0.6275 | 0.7613 | 197346.498041 |
| 2024-12-19 | 0.7825 | 0.8134 | 0.7067 | 0.7394 | 191729.466644 |
| 2024-12-18 | 0.8649 | 0.8649 | 0.7793 | 0.7868 | 272368.148602 |
| 2024-12-17 | 0.9026 | 0.9206 | 0.853 | 0.8626 | 187804.771789 |
| 2024-12-16 | 1.0005 | 1.0357 | 0.9154 | 0.9172 | 61719.876497 |
| 2024-12-15 | 0.8918 | 1.0068 | 0.8727 | 0.9965 | 94228.883613 |
| 2024-12-14 | 0.9501 | 0.9689 | 0.8679 | 0.8938 | 96758.993133 |
| 2024-12-13 | 0.9416 | 0.9754 | 0.9019 | 0.9518 | 201093.24993 |
| 2024-12-12 | 0.9121 | 0.9901 | 0.9071 | 0.9263 | 187037.774428 |
| 2024-12-11 | 0.8333 | 0.9416 | 0.8038 | 0.916 | 283370.517153 |
| 2024-12-10 | 0.8463 | 0.8869 | 0.7623 | 0.84 | 137283.473822 |
| 2024-12-09 | 1.0309 | 1.0309 | 0.7464 | 0.859 | 257941.046084 |
| 2024-12-08 | 1.0393 | 1.0461 | 1.0106 | 1.0337 | 49319.616125 |
| 2024-12-07 | 1.0696 | 1.0736 | 1.0184 | 1.0392 | 68910.274567 |
| 2024-12-06 | 1.0307 | 1.098 | 1.0118 | 1.0622 | 47180.083939 |
| 2024-12-05 | 1.0725 | 1.0849 | 1.006 | 1.0315 | 209476.788189 |
| 2024-12-04 | 1.1263 | 1.1351 | 1.0376 | 1.0782 | 377118.007117 |
| 2024-12-03 | 1.0697 | 1.1402 | 0.9799 | 1.1268 | 339688.498076 |
2.2 Analysis
The 30-day OHLCV data reveals a strong downward trend that began around December 16th, 2024, followed by a period of consolidation and potential bottom formation around early January 2025. Short-term price action suggests a possibility of minor upward corrections, but the overall outlook remains bearish. Further downward pressure is likely in the medium term, with potential support levels needing further evaluation.
