Another day with a surprise Upbit listing for the Axelar crypto project. Of course, that resulted in 70% of the pump in less than 24 hours. Once again, Asian apes showed us that you cannot mess with them. Volume went parabolic and market capitalization from $18 million to a staggering $366 million, with price hitting $0.58.
But this is not just about listing. Axelar got real ammo under the sleeve. Big integrations, token burns, and ecosystem play. Upbit listing was the lighter that ignited the flame.
Axelar Entering the Big Boys Crypto League Isn’t a Fluke
On 10th of June, crypto project Axelar landed on Upbit, one of the biggest South Korean exchanges, and that changed AXL’s life forever. The listing alone caused the price to pump 70%. Over 2000% volume spike and new highs for the past 6 months.
It still fascinates me how much coins pump once they get Upbit listings.$AXL up 90% immediately. Retraced a bit now, but still up 60%. https://t.co/HgTMt9Khiy pic.twitter.com/kHhG5d3mHa
— Route 2 FI (@Route2FI) June 10, 2025
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South Korean degens didn’t miss a chance to pump the coin like no other day. But there is more to that move than just listing. Axelar’s March upgrade Cobalt flipped the tokenomics by slashing inflation and burning fees.
Over 365,000 AXL tokens have been burned, which gave deflationary vibes in the market hungry for sustainable projects.
Also, Axelar collaborated extensively with Uniswap and Microsoft and integrated Solana, Sui, and XRP Ledger, resulting in over $11 billion in cross-chain volume.
Axelar 🤝 Microsoft https://t.co/u9iIWPut9N pic.twitter.com/hnPBj5CQvu
— SMQKE (@SMQKEDQG) August 19, 2024
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In addition, Babylon Genesis Bitcoin staking token (BABY) is not live across 70+ chains thanks to Axelar. Throw in a $30 million investment from Arrington and Electric Capital, and the picture gets in place.
It looks like AXL is not just pumping; it is stating that it is here and will take the crypto space by storm. But the fun doesn’t stop here. There is more, and honestly, it is getting tiring.
924% spike in daily active addresses and a clear technical breakout. Can you ask for more? The MACD indicator flipped bullish, and the next resistance is $0.61. If it is clear it we can expect $0.82.
Looks like this is the beginning of something huge for AXL.
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Jumping to Another Galaxy With Solaxy
Like AXL, another player is rising on the Solana chain, overtaking the crypto with many technical upgrades and news. SOLAXY is the first-ever Layer 2 on Solana. Its sole purpose is to be a better extension of the Solana network.
Improving Solana in times of high traffic. Using technology like roll-ups, we can take the finalization of transactions off-chain to save time and energy.
It will also combine the meme side of the crypto market, which has been the most successful this run.
Right now, the project is in its last phase of the presale, with five days left before it is launched. Having raised over $46 million and counting, this will be the hottest presale for 2025.
You can join the fun for as little as $0.001752 per coin and increase your holdings by staking your coins for an amazing 87% APY.
Just now, they have announced a collaboration with Hyperlane to deliver the most seamless bridging between Solana and Ethereum.
🚨 Hey Solaxy Community, we’re thrilled to announce our collaboration with @hyperlane to deliver one of Web3’s most seamless bridging experiences.
Solana ↔️ Solaxy ↔️ Ethereum. Fast, modular, permissionless.
Together, we’re building the first true Layer 2 bridge for Solana… pic.twitter.com/Jfk2GJUUD3
— SOLAXY (@SOLAXYTOKEN) June 10, 2025
All this makes Solaxy an amazing opportunity to fill up your bags and enjoy the ride of the bull run.
For the latest updates on the project, connect with the SOLX community on X and Telegram.
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