Axelar Token lost 15% of its value after the Circle agreement.

Sert Düşüş in Axelar Token

Circle is acquiring the Interop Labs team and intellectual property. However, this deal does not encompass the Axelar network and the AXL token. Since this situation does not directly affect AXL token holders, the value of AXL token experienced a decline of 13%.

An Assessment on Crypto M&A Deals

This deal highlights that mergers and acquisitions in the cryptocurrency sector typically focus on teams and technology. However, it is also noteworthy that such mergers do not directly benefit the associated tokens.