In the current crypto market, competition among Layer 2 and public chains has become intense, while the real value gap may be hidden in the lower-level tracks — chain abstraction and cross-chain interoperability. Axelar (AXL), as the core infrastructure in this field, has long been underestimated by the market, but its technological architecture, ecological collaboration, and capital endorsement all demonstrate potential far exceeding its current market value. From cross-chain interoperability to RWA layout, from collaborations with traditional financial giants to Bitcoin ecosystem integration, AXL is building a multi-layered network effect, all of which have yet to be fully reflected in its token price.
Core infrastructure of the chain abstraction era.
Chain Abstraction is the next key narrative in the blockchain industry, aimed at enabling users and developers to interact seamlessly across multiple chains without needing to perceive the complexity of the underlying chains. Axelar does not serve just one chain but acts as a universal interoperability layer connecting all chains, allowing developers to develop once and deploy across multiple chains. This positioning makes it a foundational pillar in the era of chain abstraction, rather than merely a competitor in cross-chain bridges.
Currently, leading DeFi projects like Lido and dYdX have integrated Axelar, validating the reliability of its technology. Unlike most interoperability solutions that are still confined to Web3 internal collaborations, Axelar's vision has long expanded to traditional financial fields. Its collaborations with Deutsche Bank and JPMorgan make it a key hub in the RWA (Real World Assets) track. This early positioning not only reflects the team's foresight but also provides a potential entry point for traditional financial liquidity into AXL's future growth.
Continued capital injection: Secured $30 million in new financing despite a weak market backdrop.
The attitude of the capital market is often a barometer of project potential. Axelar secured $100 million in early financing, with investors including top institutions such as Binance Labs, Coinbase Ventures, and Dragonfly. In March of this year, amid an overall weak market, Axelar still completed a $30 million token financing, indicating strong institutional investor confidence in its long-term value.
Additionally, compliance and regulatory layouts are also accelerating. Former Coinbase Chief Legal Officer and Binance US CEO Brian Brooks joined Axelar's advisory board, further strengthening the project's competitiveness in institutional compliance. This signal is crucial for future deep integration with the traditional financial system, especially against the backdrop of the gradually heating RWA track.
New variable in the Bitcoin ecosystem: Integration with Babylon.
Bitcoin, as the largest asset in the crypto world, has always had its liquidity constrained by single-chain ecosystems. Axelar's recent collaboration with Babylon attempts to break this limitation. By converting BTC into native collateral and endowing it with cross-chain capabilities, Axelar provides the infrastructure for reconfiguring Bitcoin's liquidity in the multi-chain era. This integration not only expands AXL's use case scenarios but may also attract the attention and capital inflow from the Bitcoin community.
Undervalued strategic position and value window.
Although Axelar's token $AXL has been listed on both Binance and Coinbase, its market capitalization has yet to adequately reflect its strategic value. As an invisible leader in the chain abstraction track, AXL's competitive advantages are manifested on three levels:
1. Technological first-mover advantage: The design of the universal interoperability protocol enables rapid integration of future new chains, rather than being limited to existing ecosystems.
2. Traditional Financial Entry: Collaboration with Deutsche Bank and JPMorgan provides a unique imaginative space for the RWA track.
3. Capital and compliance barriers: Continuous financing capabilities and regulatory resource accumulation give it a long-term moat in the highly competitive interoperability track.
Currently, the market's understanding of chain abstraction narratives is still in its early stages, while Axelar has established substantial leadership in this field. For investors, the price of AXL has yet to fully price in its ecological niche and future potential, which may represent a rare value discovery window.
In the crypto industry, true value often lies hidden at the infrastructure layer. Axelar's cross-chain interoperability capabilities, traditional financial layout, and Bitcoin ecosystem integration make it one of the few projects with both technological depth and commercial scalability. With the explosion of demand for chain abstraction and the maturation of the RWA track, $AXL market recognition is expected to undergo a reassessment.