Circle announced the acquisition of the development team Interop Labs from Axelar Network, aiming to strengthen its cross-chain infrastructure. This acquisition only involves the team and technology, excluding Axelar and its token AXL, which has sparked dissatisfaction and discussion among holders. Supporters believe this is the norm in the market, but critics accuse the token holders of being excluded. The core issue lies in the positioning of the token within the capital structure, which requires further exploration of its rights and value.

Circle acquires Axelar development team but does not take over the tokens, sparking community outrage. From Vertex, Padre to Tensor, "want the team, want the technology, don't want the tokens" has become a trend, marginalizing retail investors' interests and highlighting the awkward positioning of cryptocurrency token rights. (Background summary: Circle releases Q3 financial report: revenue soars 66%, net profit doubles to $214 million, USDC market cap surpasses $73.7 billion) (Additional background: Circle partners with Aleo to launch privacy stablecoin "USDCx," with transaction records and wallet addresses all invisible) Earlier this week, the Interop Labs team (initial developers of Axelar Network) announced they were acquired by Circle to accelerate its multi-chain infrastructure Arc and C

Global second-largest stablecoin issuer Circle announced the signing of an agreement to acquire the initial development team of cross-chain protocol Axelar, Interop Labs, and its proprietary intellectual property. The transaction is expected to be completed in early 2026. This acquisition aims to accelerate the development of Circle's Arc blockchain and cross-chain transfer protocol CCTP, but explicitly excludes Axelar network, the foundation, and its token AXL. This "cherry-picking" acquisition immediately sparked significant controversy in the crypto community, criticized as "extraction" from open-source projects, and also signaled that as regulatory frameworks become clearer, large compliant institutions are rushing to gain control over blockchain interoperability, a core infrastructure.

According to Mars Finance news, the market has experienced significant fluctuations, based on Binance spot data. FIL has risen by 12.24% in 24 hours, and ZK has increased by 22.22%, reaching a new high today. Meanwhile, AR, ORDI, SHELL, AXL, and WIF also reached new highs today, with increases of 11.08%, 5.77%, 7%, 5.21%, and 5.19% respectively. In addition, ASR and YB are in a "bottoming out and recovering" state, with increases of 7.5% and 5.24% respectively.

AXL is a new Canadian venture studio aiming to build 50 AI companies in five years. Its first fund closed at $15 million CAD after strong investor interest. The studio will work to turn academic AI research into real customer solutions. A key goal is preserving intellectual property and retaining to

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

In the past 24 hours, cryptocurrency trading activity has increased sharply, as evidenced by a 1.6% increase in the total crypto market capitalization. The resurgence of interest from investors has brought a number of altcoins into the spotlight, with Axelar (AXL), Hyperliquid (HYPE), and Keeta (KTA) prominent

Upbit, a leading South Korean crypto exchange, listed Axelar (AXL) and Balance (EPT) tokens, resulting in a 65% and 22% price surge respectively. This is part of a broader recovery in the global crypto market, with Upbit's trading volume also increasing significantly.

Upbit announced the listing of Axelar (AXL) and Balance (EPT), leading to significant trading activity spikes and a 60% increase in exchange volume. AXL and EPT saw price surges of 65% and 22% respectively, reflecting broader bullish trends in the crypto market.

Upbit, South Korea's largest crypto exchange, announced the listing of altcoins Balance (EPT) and Axelar (AXL), leading to price increases for both coins. AXL will be listed with USDT and KRW pairs, while EPT will only have a USDT pair.

The Axelar (AXL) token breaks out of a descending channel, surging 5.7% in 24 hours, hinting at an end to the downtrend since late 2023. Consolidation at $0.3645 support is crucial, with resistance at $0.4103. AXL outperforms BTC and ETH, showing increased investor interest amid altcoin price fluctuations.

AXL moved over 20 percent after breaking above a key wedge pattern on the chart The target for the move sits near $0.60 based on the size of the pattern Price must hold above $0.30 to stay on track for the next bullish leg higher AXL surged more than 20% following a confirmed breakout from a

Axelar (AXL) shows potential bullish momentum after breaking a key trendline with a projected 60-70% upside. It must hold above $0.39 to avoid retracement to $0.35-$0.37 support levels. AXL outperforms Bitcoin and Ethereum currently.

Axelar Foundation disclosed the completion of a $30,000,000 AXLToken sale with participation from multiple institutions. Some investments involve unlocked Tokens, subject to a 6 to 12 month restriction. The Foundation plans to expand the use of the dollar through stablecoins, supporting the tokenization of real-world assets.

Asset Manager Canary Capital has filed an S-1 registration statement with the US Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) tied to Axelar (AXL). This marks the first-ever filing for AXL, the native cryptocurrency that powers the Axelar Network, setting th

According to the latest information, Canary, Axelar has applied for the (AXL) spot ETF.

Asset Manager Canary Capital has filed an S-1 registration statement with the US Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) tied to Axelar (AXL).

Canary Capital launched the AXL Trust to simplify institutional investment in Axelar, with Coinbase handling funds. Axelar expands with Ripple collaboration for XRPL interoperability, enhancing blockchain connections and growing adoption.

Canary Capital has launched its new Canary AXL Trust, the first investment fund that offers a secure exposure to the Axelar token. This fund is the first in the “blockchain interoperability” category and is a private vehicle dedicated to institutional and accredited investors Canary AXL Trust to o

Gate Research Institute Weekly Report, BTC probed to 93,500 US dollars this week, gaining short-term support, and ETH tested 2,600 US dollars, entering the rise channel. Gate joined hands with Consensus summit to create a new model for Web3 music and social networking. 10 companies have been approved to issue stable coins in the EU under the MiCA regulatory framework. Canary Capital launched $AXL (Axelar) Trust fund. Berachain on-chain TVL broke through 3 billion US dollars, reaching a historical high. Circle on-chain Money Laundering fees continue to rise, with fees exceeding 35.39 million US dollars in the past week. ETH network Money Laundering fell by 70% compared to the previous month, reaching a new low since July 2020.

Canary Funds announces the launch of an Axelar (AXL) Trust, enabling institutional investors access to the local token AXL on the Axelar network. The initiative aims to attract institutional investors interested in supporting blockchain infrastructure projects for Web3 adoption.

Axelar Network achieved significant growth in 2024 with doubled transfer counts and a 71% increase in active users. The platform plans to start 2025 strong with new-chain integrations, improved security, and upgraded tokenomics, including burning transfer fees. The Interchain Amplifier will accelerate linkages between blockchains and enable Axelar to establish an inclusive interoperable platform. Its non-inflationary approach to chain integrations promises increased utility of $AXL. The platform attracted institutional players like Deutsche Bank, Mastercard, and Citi.

Over the weekend, the rise in Bitcoin also had positive effects on altcoins. Cryptocurrencies like NOT, Bake, W, CRV, OP, and ARB saw an increase, while AXL and XAI tokens also experienced a rise. However, on July 7th, a liquidation of 172 million dollars occurred. Experts advise investors to be cautious.