Axelar Surges +45% in a Single Day — Largest 1-Day Move in the 199-Asset Index on Apr 16
Axelar (AXL) posted a +45.2% intraday gain on April 16 — the single largest one-day price move across all 199 index assets on that date — after trading in a tight $0.044–$0.048 band for the entire prior 10 days. The 14-day volatility expanded 293%, the highest vol expansion in the entire index, confirming a genuine liquidity or news-catalyst event rather than a thin-market artifact.
Supporting 5 queries
To surface this insight, Baselight ran 5 queries across its structured data. Each one is reproducible — open it, read the SQL, and rerun it yourself.
Conclusion
Apr 16 OHLC: open $0.04644, high $0.07927, low $0.04644, close $0.06743 → intraday move +45.2%. Prior 10-day range: $0.0441–$0.0484. Prior two sessions: -4.06% and +2.23%. 14-day vol current: 12.46% vs prior 3.17% (+293% expansion — highest in the index). 7-day return: +44.88%. 90-day high: $0.0884 (76.3% attained). No prior edition has covered AXL.