Little-Known Altcoin Surges After Coinbase Abruptly Adds Suppo | CCAI

Little-Known Altcoin Surges After Coinbase Abruptly Adds Support on Top Crypto Exchange

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.