AXL Token Soars 86% After Upbit Listing and Binance Earn’s 20% APR Offer Drive Surge

Axelar (AXL) has experienced a significant price surge in the last 24 hours, with the price on Binance rising 86.84% from 0.3215 to 0.6007. This sharp increase is primarily attributed to the official listing of AXL on Upbit’s KRW and USDT markets, which has expanded the token’s accessibility and driven substantial trading activity. The listing announcement led to heightened investor interest and a rapid influx of liquidity, reflected in a 24-hour trading volume exceeding $53 million and a market capitalization approaching $480 million. Additionally, Binance Earn’s offering of up to 20% APR on locked AXL until August 25, 2025, may have contributed to increased demand. Overall, AXL is currently demonstrating strong market momentum and elevated trading volumes following these recent developments.