DJ Kid of Gem Hunters highlights Axela as a project that has the potential to 100x during the next cycle, as it aims to achieve cross communication between every blockchain. Axela enables developers to interconnect with every blockchain out there effortlessly. DJ Kid believes Axela is more than just a Bridge, allowing users to interact with any asset or application on any blockchain with just one click, creating an effective cross communication bridge. Axela’s backers include major exchanges such as Coinbase and Binance, with good liquidity in other exchanges. The project has solid technology, good fundamentals and many partners, including Ledger, Cosmos and Polkadot.
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Axella: The Cross-Chain Future
Introduction
Hey, what’s up guys? DJ Kid in collaboration with Gem Hunters, and I just wanted to bring to your attention a gem today that I definitely believe will 100x in the next bull cycle. So, let’s get straight into it.
Axella: The Project
Axella is a project that aims to achieve cross communication between every single blockchain out there, making it easy for developers to adapt and builders to create and interconnect with every blockchain out there. It’s more than just a bridge, and we’ll do a little bit of a deep dive into the Axella website and also have a look at the tokenomics as well.
Token Price and Supply
Axella is currently trading at 49 cents, up 3.6% in the last 24 hours. Its circulating supply is currently at the moment is 93 million, and total supply is a billion. This is a bargain price in my opinion, but obviously, guys, do your research and make your own decision from that point onwards.
Backers and Partners
Backers for a project are always indicative of its potential, and seeing names like Coinbase, Binance and Polychain, Dragonfly and Galaxy back Axella is a sign that it has significant potential. Axella also has partnerships with other blockchain ecosystems like Avalanche, Cosmos, Ethereum, Polka Dot, and more.
How Axella Works
Axella’s main objective is to deliver secure cross-chain communication for web free infrastructure. It enables dap users to interact with any asset or application on any chain with one click. Axella can communicate across chains using complete calls and messages on a permissionless proof of stake transport layer. It goes beyond sending rap assets and provides a more effective solution through a one-click experience.
Use Cases
Axella has various use cases. Its technology enables composable liquidity, cross-chain governance, and cross-chain NFTs. It allows creativity with cross-chain DEXEs and cross-chain gaming with any asset anywhere becoming currency or credentials.
Conclusion
Axella is a project with a solid technological foundation and good fundamentals. Its technology enables cross-chain communication, and it has partnerships with major exchanges and backers. Investing in the project is a personal choice, but with the potential, it possesses, it’s definitely worth looking into.
