Axelar is a decentralized network designed to facilitate secure cross-chain communication between blockchain networks. It provides a robust infrastructure that enables developers to seamlessly integrate and interact with multiple blockchain ecosystems. By utilizing Axelar’s technology, projects can enhance their interoperability capabilities, paving the way for a more connected and efficient blockchain landscape.
more informationAIOZ Network is an innovative blockchain platform designed to revolutionize the way digital content is delivered by leveraging decentralized networks. It utilizes a distributed content delivery system that aims to increase efficiency and reduce costs compared to traditional content distribution methods. By integrating blockchain technology, AIOZ Network also enhances security and transparency for content creators and users alike, fostering a more equitable streaming ecosystem.
more informationGeneral Information |
|
---|---|
Title
Axelar
|
Title
AIOZ Network
|
Symbol
axl
|
Symbol
aioz
|
Whitepaper
|
Whitepaper
-
|
Website
|
Website
|
Community
-
|
Community
-
|
Last Updated
2025-01-21 23:51
|
Last Updated
2025-01-21 23:51
|
Price Data |
|
Current Price $
0.614574
$
|
Current Price $
0.864157
$
|
High 24h
0.632056
$
|
High 24h
0.900795
$
|
Low 24h
0.576268
$
|
Low 24h
0.838982
$
|
Price Change 24h
0.01288718
$
|
Price Change 24h
-0.010566974075364
$
|
Price Change % 24h
2.14184
%
|
Price Change % 24h
-1.20804
%
|
Market Data |
|
Market Cap
553609639
|
Market Cap
993705133
|
Total Volume
14717784
|
Total Volume
14010151
|
Market Cap Change 24h
9934739
|
Market Cap Change 24h
-15263456.587615
|
Market Cap Change % 24h
1.82733
%
|
Market Cap Change % 24h
-1.51278
%
|
Return on Investment (ROI)
-
|
Return on Investment (ROI)
-
|
Supply and Availability |
|
Circulating Supply
900989642.00587
|
Circulating Supply
1147403329.1699
|
Total Supply
1186849057.6219
|
Total Supply
1151866939.6888
|
Max Supply
-
|
Max Supply
-
|
Historical Data |
|
All Time High (ATH)
2.64
|
All Time High (ATH)
2.65
|
ATH Change %
-76.76174
%
|
ATH Change %
-67.2249
%
|
ATH Date
2024-03-01 09:20
|
ATH Date
2021-04-03 11:55
|
All Time Low (ATL)
0.312911
|
All Time Low (ATL)
0.01099588
|
ATL Change %
96.34931
%
|
ATL Change %
7801.46357
%
|
ATL Date
2023-10-26 16:35
|
ATL Date
2023-09-13 19:20
|
Axelar is a prominent player in the world of cryptocurrency, recognized for its pioneering approach to solving interoperability issues among blockchain networks. Acting as a bridge, Axelar supports cross-chain applications and facilitates seamless communication between various blockchain ecosystems, significantly boosting the usability and integration of decentralized technologies.
Axelar’s primary innovation lies in its decentralized network that ensures secure communication across diverse blockchains. By providing both a protocol and a suite of developer tools, Axelar empowers developers to build cross-chain applications with minimal friction. This capability is essential for cementing the interoperability that the blockchain community has long sought.
One of Axelar's key advantages is its ability to securely link multiple blockchain ecosystems, enabling data and value transfers across chains without the need for centralized exchanges. This decentralization enhances security and resilience, reducing points of failure that centralized systems may present. Additionally, Axelar's adaptable architecture allows it to support numerous blockchain networks, ensuring widespread applicability and future-proofing its growth.
Despite its advantages, Axelar faces several challenges. The complexity of maintaining interoperability across ever-evolving blockchain protocols can be daunting. Potential security vulnerabilities, though minimized by decentralization, remain a concern, especially given the increasing sophistication of cyber threats. Furthermore, Axelar must contend with competition from existing and emerging interoperability solutions, necessitating continual innovation and improvement.
The price history of Axelar has been marked by volatility common to the cryptocurrency market. After reaching its all-time high of $2.64 on March 1, 2024, the token has consistently traded below this level, with a notable dip to its all-time low of $0.312911 on October 26, 2023. Since then, Axelar has shown resilience and growth, with current trading prices reflecting a significant recovery at 156.80% above its ATL.
Currently, Axelar holds a market capitalization of approximately $658,870,259, with active trading volumes indicating robust interest and liquidity. Despite recent fluctuations, the technology underlying Axelar suggests promising prospects. Its critical role in enabling blockchain interoperability positions it as a crucial component in the expanding decentralized finance (DeFi) landscape.
Axelar stands out as a noteworthy contributor to the blockchain ecosystem, particularly with its focus on interoperability. While it faces certain challenges, its innovations and strategic position in a key market niche provide a solid foundation for future growth. As blockchain technologies continue to mature, Axelar's role in ensuring seamless cross-chain communication is likely to become even more vital, presenting exciting opportunities for investors and developers alike.
AIOZ Network has managed to capture attention within the cryptocurrency realm due to its unique approach towards decentralizing the video streaming industry. With blockchain's promise of transparency and immutability, AIOZ aims to leverage these qualities to create a more efficient, decentralized content delivery network.
The AIOZ Network operates within the digital content ecosystem, providing a decentralized platform for video streaming services. By utilizing blockchain technology, AIOZ Network enables users to exploit unused bandwidth and storage, thus creating a more democratized and decentralized content delivery network. Unlike traditional centralized systems, AIOZ brings forth cost efficiency, improved latency, and higher scalability.
One of the noticeable advantages of AIOZ Network is its ability to reduce costs significantly for content providers by eliminating the high expenses associated with traditional streaming platforms. The network’s design ensures resilience against censorship, offering a layer of freedom not present in traditional systems. Furthermore, its decentralized nature allows for enhanced distribution capacity, making it a promising solution in the age of increasing video consumption.
Despite its promising potential, AIOZ Network is not without its challenges. The primary hurdle lies within the widespread adoption and the comprehensiveness of its network. As a relatively new player, AIOZ must compete with well-established mainstream platforms, which could be a significant barrier to entry. Moreover, achieving decentralized latency comparable to centralized systems remains a technical challenge that needs addressing.
Since its inception, AIOZ has experienced a fluctuating journey on the cryptocurrency market. The coin's all-time high was reached in April 2021, at $2.65, reflecting significant initial optimism. However, the coin has witnessed a substantial decrease, currently priced at approximately $0.45. This decline could be attributed to several market factors and the evolving nature of the cryptocurrency landscape. The recent all-time low in September 2023, at $0.01099588, highlights the volatility inherent in the crypto space.
Looking ahead, AIOZ Network has considerable potential if it continues to innovate and expand its infrastructure. Its market cap of over $500 million indicates existing support and investor interest. With the rapid increase in demand for video content and streaming services, AIOZ is well-positioned to capitalize on this trend, provided that it can increase its network capacity and achieve a broader acceptance within the industry.
AIOZ Network stands at an intriguing crossroad, armed with innovative technology that has the potential to disrupt traditional content delivery networks. While it faces significant challenges, both from a technology and adoption perspective, its underlying premise offers a glimpse into the future of decentralized media networks. The trajectory of AIOZ Network will be one to watch as it navigates the complexities of the crypto realm and seeks to redefine the streaming landscape.