Axelar interchain dApps that could airdrop, and AXL staking up 26M
Thread172 words
Bullish call$AXL−96%since this piece, moved against the callHow it played out ↓Lists tokenless dApps built on Axelar (Squid, Hinkal, Ithaca, Interswap and others) as potential airdrop candidates while the interop narrative heats up. Notes AXL staking rose by 26M AXL in 10 days, with 66% of supply staked.
Key claims
AXL staking up 26M AXL in 10 days
66% of AXL supply is staked
With the interoperability narrative noticeably heating up, airdrop season for stakers of interop protocol tokens might be around the corner! 🪂
This is the moment to look into ecosystems that have the potential to outperform on this narrative. Ecosystems where you can be early to position yourself.
One of the most obvious one: @axelarnetwork 🌐
Let's have a look at some (tokenless) protocols built on Axelar that could airdrop to users / holders / stakers in the future:
✦ @valio_xyz
✦ @squidrouter
✦ @synthr_defi
✦ @sugarcane_app
✦ @LogX_trade
✦ @hinkal_protocol
✦ @IthacaProtocol
✦ @InterSwap_io
✦ @AstrolabDAO
✦ @CashmereLabs
✦ @govern_x
✦ @eesee_io
✦ @Trustware_io
✦ @superhedgeio
✦ @insrtapp
✦ @prime_protocol
✦ @_lemonadesocial
✦ @thejunkyardnft
✦ @Lyncworld
✦ @TheUnfungibles
✦ @ArchlyFinance
✦ @AstrolabDAO
✦ @FutabaOmni
And that's just a few examples of (emerging) Interchain dApps being built on top of @axelarnetwork technology.
Definitely worth watching anon. 👀
Might be the reason why $AXL staking has increased by 26M $AXL in the past 10 days.
66% of supply staked now.
More here 👇
x.com/0xhess/status/1784297199381135462
How the call played out · since 28 Apr 2024
Prices as of 23 Oct 2026This piece takes a view on $AXL, so that move is read against the call.
−96%
Moved against the call · over 2.5 years
- At publication
- $1.13
- Now
- $0.0479
- vs BTC
- −97%
- After 1 month
- −15%
- After 3 months
- −40%
- After 1 year
- −68%
- High since
- +13% 06 May 2024
- Low since
- −97% 19 Aug 2026
Since then
Zero has written 1 more piece on Axelar and $AXL since this one.
Daily closes in USD from DefiLlama and Yahoo Finance. Only a bullish or bearish thesis is read as a call; explainers, maps and mentions are context. Not financial advice.