AXL Token Soars 62% to Six-Month High After Upbit Listing and Binance Savings Boost

Axelar (AXL) has experienced a significant price surge in the last 24 hours, primarily driven by its new listing on Upbit, South Korea's largest cryptocurrency exchange, which added AXL/KRW and AXL/USDT trading pairs and substantially increased the token's accessibility and liquidity among Korean traders. This event, combined with a promotional Locked Savings offer on Binance with up to 20% APR, has attracted heightened interest and trading activity, resulting in a sharp increase in both price and volume.

Currently, AXL is trading at $0.5355 on Binance, up 62.72% from the 24-hour open of $0.3291, with trading volume exceeding $568 million and a market capitalization above $529 million. The token has broken out of a multi-month downtrend, reaching a six-month high and moving closer to the top 100 cryptocurrencies by market cap, with technical indicators suggesting continued bullish momentum if current trends persist.