Axelar (AXLUSD) has yet to see significant movement this cycle unlike alts, especially the other coins related to
XRP (
XLM,
SOLO, 
COREUMUSDT). As the market cycles into the lower caps I suspect
AXLUSD and
DIAUSD (both related to Ripple) to move.
AXLUSD is showing an golden approaching golden cross on the daily with the 21 day SMA about to cross up through the 255 day SMA in the next week. The last time this happened was November 2023 after which
AXLUSD did a 4-5x in the following months.
I expect a market cap for
AXLUSD between $5-$10 B by 2026 to make it comparable to peers such as
COSMOS &
DOT although
AXLUSD current inflationary tokenomics are not appealing.
I expect a market cap for
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.