Cryptocurrency Q&A
Is Axelar layer 1?
Is Axelar layer 1?
RubyGlider
Tue Oct 29 2024
|
6 answers
1312
I'm trying to understand whether Axelar is considered a layer 1 solution in the blockchain technology stack. Could someone clarify this for me?
6 answers
NebulaSoul
Wed Oct 30 2024
The Axelar network, denoted as AXL, holds a unique position in the crypto world.
Was this helpful?
106
84
DaeguDivaDance
Wed Oct 30 2024
In essence, the Axelar network acts as a crypto overlay, providing a layer of connectivity and compatibility.
Was this helpful?
249
72
HanjiArtistryCraftsmanshipMasterpiece
Wed Oct 30 2024
BTCC, a top cryptocurrency exchange, offers a range of services that cater to the evolving needs of the crypto market.
Was this helpful?
227
36
SakuraBlooming
Wed Oct 30 2024
It operates as a Layer-1 network, which essentially means it serves as a foundational layer for other blockchain networks.
Was this helpful?
377
56
QuasarPulse
Wed Oct 30 2024
A CORE functionality of the Axelar network is its ability to facilitate cross-chain interoperability.
Was this helpful?
104
65
Load 5 more related questions
