Axelar (AXL) experienced a price increase of over 60% after its listing on Upbit on June 10, 2025, reaching 0.58 USD. The trading volume skyrocketed from 18.65 million USD to 366.43 million USD within 24 hours.
The token’s market cap exceeded 500 million USD, making it the 114th largest cryptocurrency. Additionally, there was a recorded 924.29% increase in Daily Active Addresses, indicating heightened user engagement with AXL.
Current technical indicators indicate bullish momentum, with the MACD above zero. However, the RSI at 79 may suggest a short-term market correction, with potential price targets of 0.61 USD or 0.82 USD, depending on market dynamics.
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