Little-Known Altcoin Surges After Coinbase Abruptly Adds Support on Top Crypto Exchange – The Daily Hodl
Sponsored
Sponsored
Top US crypto exchange Coinbase has added sudden support for proof-of-stake blockchain Axelar, sparking a rally for its native token, AXL. Axelar is a project built using the Cosmos SDK (software development kit), and aims to deliver cross-chain communication between numerous other blockchains. Its functions include making cross-chain token transfers, calling smart contracts, or sending arbitrary messages from one chain to another. Developers can use Axelar to build decentralized applications (dApps) that allow users to interact with assets or applications on multiple chains within one platform. Says Axelar’s whitepaper, “Axelar enables dApp builders to add cross-chain functionality to their applications,
The filings for spot Solana (SOL) exchange-traded funds (ETFs) from VanEck, 21shares, Bitwise, and Canary Capital were officially added to the Federal Register on Feb. 18. The US Securities and Exchange Commission (SEC) now has 240 days to approve or deny the filings. Additionally, the register for the Grayscale filing…
In a recent breakthrough for the Web3 space, the Open Network (TON) has joined forces with Axelar and integrated with its Mobius Development Stack (MDS) for connectivity. One of the goals of this affiliation is to enhance the usability of numerous blockchains and provide developers and users with a universal…