Why the WAXL Token Can Be a Good Option for Your Investment Portfolio?

What is WAXL?

WAXL is a wrapped token of Axelar, a project that provides developers with a network and tools that enable cross-chain communication through the project’s protocol suite and APIs. It enables cross-chain transfers and can be swapped to AXL at any time at the 1:1 exchange rate. The WAXL token can be swapped for more than 4,000 coins and tokens on LetsExchange.io.

What are the main market indicators of the token?

The project was launched in 2020. The total market capitalization of WAXL is $632,846,027, with an all-time low of $0,312911 and an all-time high of $1,27. The project is ranked 92. Now, the WAXL token is available for swaps on LetsExchange.io.

What else makes us believe that WAXL may be a wise investment?

Axelar works on effectively solving the cross-chain communication challenge. Considering that this is the main problem that inhibits the Web3 mass adoption, the project is very promising in the long term. It means that purchasing WAXL now may be a wise decision.

The Axelar website is visited by over 154K visitors. The project has over 178K followers on Twitter and 10K on Telegram.