AXL/USDT Trading Pair Analysis: Is It Worth Buying and Holding?

AXL/USDT Trading Pair Overview

AXL/USDT is the trading pair for AXL (Axelar native token) and USDT (USD stablecoin). On cryptocurrency trading platforms, this trading pair serves to help investors buy or sell AXL directly with USDT, thereby participating in the Axelar ecosystem development or obtaining short-term volatility gains.

Unlike volatile currencies like ETH and BTC, the price of USDT is basically anchored to 1 USD, so the trend of AXL/USDT can more accurately reflect the rise and fall trend of AXL itself.

What is AXL? The background and token mechanism of Axelar

Axelar is a network protocol focused on providing blockchain interoperability, with the core goal of enabling cross-chain interactions of assets, data, and smart contracts between different blockchains. Axelar does not build its own ecosystem but provides connection services for other blockchains, serving as the “interconnection hub” of the Web3 world.

AXL is the native token of the network and has the following key uses:

• Cross-chain transaction fee: All cross-chain operations require payment in AXL.
• Incentivizing Validators: Validation nodes earn AXL rewards by performing transaction validation tasks.
• Link Incentive: New blockchains connecting to Axelar must purchase and lock AXL to inject into the reward pool.
• Governance Voting Rights: Users holding AXL can vote on on-chain governance proposals.

Especially after the “Cobalt” upgrade in February 2025, Axelar introduced a fee burning mechanism, where 98% of the AXL fees for each transaction are destroyed, leading to a deflationary trend in token supply. This significantly enhances the scarcity of AXL and supports its long-term value.

Current AXL/USDT market analysis

According to data from June 17, 2025, the trading price of AXL/USDT is 0.407 USD.

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Does AXL have investment potential?

AXL is an infrastructure token, and its long-term potential mainly comes from the following points:

• Web3 Interoperability Necessity: The cross-chain interactions between future applications rely on intermediate protocols like Axelar.
• Changes in supply and demand brought about by the Cobalt upgrade: The lock-up and destruction mechanism enhances the scarcity of the tokens.
• Increased entry threshold for linking: AXL requirement: Each new chain joining must purchase and lock AXL.

Therefore, for investors willing to focus on medium to long-term tracks, AXL is a technology value target worth paying special attention to. However, due to its yet-to-be-large-scale deployment in mainstream consumption scenarios, short-term volatility cannot be ignored.

Summary

For novice investors, AXL/USDT is a price-transparent, easy-to-trade, and potentially strong token pair, but the cryptocurrency market is highly volatile, so please trade cautiously and be mindful of the risks.