AXL

Axelar (AXL) | Rumor.io

Axelar

AXL

Attention (50-day avg)0.02%

Attention rank (50-day avg)#150

Bullish sentiment (50-day avg)53%

Social

What share of all crypto conversation is about AXL?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y	50-Day MAclick to plot	200-Day MAclick to plot
Attention	0% -0.04	0.01% +0.01	0.01% -0.06	0.03% -0.04

Aug 6

Axelar's network connects the XRP Ledger EVM sidechain to over 80 blockchains.
The XRP Ledger EVM sidechain is now live on the Axelar app, enabling direct routes for assets to move across chains.
Axelar's founders are behind the development of this network.

Generated by AI

Sentiment

Of the messages about AXL that take a side, what share is each?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y	50-Day MAclick to plot	200-Day MAclick to plot
Bullish	100% 0	99.84% -0.16	97.52% +61.68	57.58% -28.43
Bearish	0% 0	0.16% new	2.48% -61.68	42.42% +28.43

Bullish· May 21

Axlar's price is expected to experience a significant 2x pump.
Market participants are advised to keep buying Axlar until it reaches $0.061.
Axlar is a strong buy opportunity, with dips being viewed as a chance to purchase the asset.

Bearish· Jun 20

Axelar's private bridge was exploited for $4.67 million due to a bug in the ICS-20 smart contract implementation on the Secret Network side.
The attacker created a fake Cosmos chain, made themselves the only validator, and connected it to Secret Network's bridge, pretending to be the real Axelar.
The exploit went undetected for seven days due to a lack of balance reconciliation or rate limit on the mint function, and Axelar declined to freeze the remaining funds.

Generated by AI

Topics

Of the messages about AXL that carry a topic, what share is each?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y
DeFi	—	20.67%	43.46%	26.84%
Adoption	—	26.13%	18.32%	32.45%
Technical Analysis	—	19.47%	7.12%	3.1%
Tokenomics	—	16.56%	18.99%	9.8%
Macro	—	16.56%	11.91%	25.8%
Controversies	—	0.61%	0.2%	2%

Macro· May 12

Axelar's technology could enable tokenized stocks on the XRP Ledger.
Projects like Axelar, Chainlink CCIP, and Wormhole could allow multiple blockchains and exchanges to settle transactions on the XRP Ledger.
This could lead to a significant increase in the use and adoption of the XRP Ledger.

Technical Analysis· May 2

AXLUSD has seen a 23% increase and is expected to continue moving upwards in the short term.
The asset is currently sitting at a critical zone and a big move is anticipated, with the next breakout or rejection determining the direction.
AXLUSD has confirmed an uptrend and is showing signs of a bullish wave, with a potential 50%+ gain in this move.

Tokenomics· Dec 21

The Axelar team has been acquired by Circle, with the technology and team being sold, but not the Axelar token.
The token holders have been left behind, with the core team dumping their tokens and the team being taken to work on USDC instead of Axelar.
The acquisition raises questions about the future of the Axelar token and whether it will be supported by the new ownership.

DeFi· Jun 20

Axelar's private bridge was exploited for $4.67 million due to an infinite-mint vulnerability in a modified CW20-ICS20 token contract on Secret Network.
The attacker created a custom Cosmos validator chain, opened a fake IBC channel to the Secret Network-Axelar bridge contract, and sent forged deposit packets to bypass the channel.
The exploit highlights the security risks in the IBC (Inter-Blockchain Communication) protocol and the importance of robust security measures in the Cosmos ecosystem.

Adoption· Feb 25

Axelar has integrated Hedera into its cross-chain network, enabling secure token transfers and smart contract calls between the two platforms.
The integration with Hedera has expanded Axelar's capabilities, allowing it to connect with over 60 blockchain networks and increasing its utility for users.
The partnership between Axelar and Hedera has led to a surge in cross-chain activity, with a single-day transfer of $4.5M on the Axelar network, and has also increased the adoption of Hedera's technology and liquidity.

Controversies· Jun 20

An attacker exploited a flaw in a Secret Network smart contract, minting unbacked tokens and redeeming them for $4.67 million worth of assets from Axelar.
The exploit occurred when an attacker created a custom Cosmos validator chain, opened a fake IBC channel to the Secret Network-Axelar bridge contract, and sent forged deposit packets, bypassing the channel's security measures.
The affected contract was not developed, deployed, or maintained by Axelar, and the company's firewalling prevented the impact from spreading to its network.

Generated by AI

Community

Of the messages about AXL, what share comes from each group?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y	50-Day MAclick to plot	200-Day MAclick to plot
Regulars	78.95%	68.87%	73.65%	45.6%
Newcomers	21.05%	31.13%	26.35%	54.4%

Regulars· Jun 20

The Axelar private bridge was exploited for $4.67 million, with the attacker taking advantage of a flaw in a Secret Network smart contract to mint unbacked tokens and redeem them for real assets.
Axelar successfully contained the contagion from the exploit, thanks to its firewalling mechanism, which prevented the impact from spreading to other assets.
The incident has raised concerns about the security of the Cosmos ecosystem, with some participants questioning whether the purge of Axelar assets was a necessary measure to prevent further damage.

Newcomers· Jun 20

The Axelar network was exploited due to a bug in the ICS-20 smart contract implementation on the Secret Network side, resulting in a loss of approximately $4.67 million.
The attacker created a custom Cosmos validator chain, opened a fake IBC channel to the Secret Network-Axelar bridge contract, and sent forged deposit packets to bypass the channel.
Axelar declined to freeze the remaining funds, which means the recovery model assumed cooperation, increasing the vulnerability of the network.

Generated by AI

Also Discussed

Investors talking about AXL also mention

#	Name	Attention
1	AXL - American Axle & Manufacturing Holdings, Inc.	——
2	OsmosisOSMO	0%+0
3	StrongholdSHX	0.08%+0.06
4	Akash NetworkAKT	0.01%-0.01
5	dYdX (ethDYDX)ETHDYDX	0.02%+0
6	Canary XRP ETFXRPC	0%0
7	Allogene Therapeutics IncALLO	0%new
8	FlareFLR	0.03%-0.03
9	LombardBARD	0%new
10	JKL - iShares Morningstar Small-Cap Value ETF	——

Social

What share of all crypto conversation is about AXL?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y	50-Day MAclick to plot	200-Day MAclick to plot
Attention	0% -0.04	0.01% +0.01	0.01% -0.06	0.03% -0.04

Aug 6

Axelar's network connects the XRP Ledger EVM sidechain to over 80 blockchains.
The XRP Ledger EVM sidechain is now live on the Axelar app, enabling direct routes for assets to move across chains.
Axelar's founders are behind the development of this network.

Generated by AI

Sentiment

Of the messages about AXL that take a side, what share is each?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y	50-Day MAclick to plot	200-Day MAclick to plot
Bullish	100% 0	99.84% -0.16	97.52% +61.68	57.58% -28.43
Bearish	0% 0	0.16% new	2.48% -61.68	42.42% +28.43

Bullish· May 21

Axlar's price is expected to experience a significant 2x pump.
Market participants are advised to keep buying Axlar until it reaches $0.061.
Axlar is a strong buy opportunity, with dips being viewed as a chance to purchase the asset.

Bearish· Jun 20

Axelar's private bridge was exploited for $4.67 million due to a bug in the ICS-20 smart contract implementation on the Secret Network side.
The attacker created a fake Cosmos chain, made themselves the only validator, and connected it to Secret Network's bridge, pretending to be the real Axelar.
The exploit went undetected for seven days due to a lack of balance reconciliation or rate limit on the mint function, and Axelar declined to freeze the remaining funds.

Generated by AI

Topics

Of the messages about AXL that carry a topic, what share is each?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y
DeFi	—	20.67%	43.46%	26.84%
Adoption	—	26.13%	18.32%	32.45%
Technical Analysis	—	19.47%	7.12%	3.1%
Tokenomics	—	16.56%	18.99%	9.8%
Macro	—	16.56%	11.91%	25.8%
Controversies	—	0.61%	0.2%	2%

Macro· May 12

Axelar's technology could enable tokenized stocks on the XRP Ledger.
Projects like Axelar, Chainlink CCIP, and Wormhole could allow multiple blockchains and exchanges to settle transactions on the XRP Ledger.
This could lead to a significant increase in the use and adoption of the XRP Ledger.

Technical Analysis· May 2

AXLUSD has seen a 23% increase and is expected to continue moving upwards in the short term.
The asset is currently sitting at a critical zone and a big move is anticipated, with the next breakout or rejection determining the direction.
AXLUSD has confirmed an uptrend and is showing signs of a bullish wave, with a potential 50%+ gain in this move.

Tokenomics· Dec 21

The Axelar team has been acquired by Circle, with the technology and team being sold, but not the Axelar token.
The token holders have been left behind, with the core team dumping their tokens and the team being taken to work on USDC instead of Axelar.
The acquisition raises questions about the future of the Axelar token and whether it will be supported by the new ownership.

DeFi· Jun 20

Axelar's private bridge was exploited for $4.67 million due to an infinite-mint vulnerability in a modified CW20-ICS20 token contract on Secret Network.
The attacker created a custom Cosmos validator chain, opened a fake IBC channel to the Secret Network-Axelar bridge contract, and sent forged deposit packets to bypass the channel.
The exploit highlights the security risks in the IBC (Inter-Blockchain Communication) protocol and the importance of robust security measures in the Cosmos ecosystem.

Adoption· Feb 25

Axelar has integrated Hedera into its cross-chain network, enabling secure token transfers and smart contract calls between the two platforms.
The integration with Hedera has expanded Axelar's capabilities, allowing it to connect with over 60 blockchain networks and increasing its utility for users.
The partnership between Axelar and Hedera has led to a surge in cross-chain activity, with a single-day transfer of $4.5M on the Axelar network, and has also increased the adoption of Hedera's technology and liquidity.

Controversies· Jun 20

An attacker exploited a flaw in a Secret Network smart contract, minting unbacked tokens and redeeming them for $4.67 million worth of assets from Axelar.
The exploit occurred when an attacker created a custom Cosmos validator chain, opened a fake IBC channel to the Secret Network-Axelar bridge contract, and sent forged deposit packets, bypassing the channel's security measures.
The affected contract was not developed, deployed, or maintained by Axelar, and the company's firewalling prevented the impact from spreading to its network.

Generated by AI

Community

Of the messages about AXL, what share comes from each group?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y	50-Day MAclick to plot	200-Day MAclick to plot
Regulars	78.95%	68.87%	73.65%	45.6%
Newcomers	21.05%	31.13%	26.35%	54.4%

Regulars· Jun 20

The Axelar private bridge was exploited for $4.67 million, with the attacker taking advantage of a flaw in a Secret Network smart contract to mint unbacked tokens and redeem them for real assets.
Axelar successfully contained the contagion from the exploit, thanks to its firewalling mechanism, which prevented the impact from spreading to other assets.
The incident has raised concerns about the security of the Cosmos ecosystem, with some participants questioning whether the purge of Axelar assets was a necessary measure to prevent further damage.

Newcomers· Jun 20

The Axelar network was exploited due to a bug in the ICS-20 smart contract implementation on the Secret Network side, resulting in a loss of approximately $4.67 million.
The attacker created a custom Cosmos validator chain, opened a fake IBC channel to the Secret Network-Axelar bridge contract, and sent forged deposit packets to bypass the channel.
Axelar declined to freeze the remaining funds, which means the recovery model assumed cooperation, increasing the vulnerability of the network.

Generated by AI