$AXL Token Recap
What is the Axelar network?
Axelar is the universal overlay network, securely connecting all blockchain ecosystems, applications, assets and users to deliver Web3 interoperability. Axelar is composed of a decentralized network of validators, secure gateway contracts, uniform translation, routing architecture, and a suite of software development kits (SDKs) and application programming interfaces (APIs) to enable composability between blockchains. This allows developers to build on the best platform for their use case, while being able to access users, assets and applications in every other ecosystem. Instead of pairwise cross-chain bridges, they can rely on a network architecture that provides a uniform code base and governance structure.
Questions:
- Since the $AXL token launch, how have wallets that bought $AXL used it? Are most wallets hodling or trading?
- What is the average holding period for wallets buying $AXL in the last month?
- Have users kept $AXL on exchange (in their Osmosis wallet) or have they bridge to other places?
- Analyze $AXL balances on Osmosis as compared to native on Axelar. How have these balances changed over time?


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