AXL Volatility Surges to 245% Annualized in 14 Days — April 16 Cross-Chain Security Rally
Axelar (AXL) has seen its 14-day realized annualized volatility surge from 68.4% to 245.1% — a 3.58x expansion — following a +23.57% single-day gain on April 16 amid sustained cross-chain security narratives. The price has since pulled back to $0.0562 by April 27, leaving AXL +16.8% over 30 days but still -36.4% below its 90-day close high, with elevated volatility risk unresolved in either direction.
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
AXL 14d annualized vol (current): 245.1% vs prior 14d: 68.4% (3.58x expansion). Apr 16 single-day gain: +23.57%. Apr 16 volume elevated amid cross-chain security focus following Drift Protocol $285M exploit on Apr 6. Apr 27 close: $0.0562. 30d return: +16.8%. 90d high close: $0.0884 (Jan 27). Distance from 90d high: -36.4%.