Inflection Point05CRYPTO2026-05-04

AXL closes at 90-day high after +22.9% two-day surge following vol compression

AXL (Axelar) closed at $0.0764 on May 2 — a confirmed 90-day high — after back-to-back daily gains of +10.8% (May 1) and +11.5% (May 2).
This breakout coincides with a sharp compression in AXL's annualised volatility: from 265% in the prior 14-day window down to 119% in the most recent 14 days — a 55% decline in the same period as the price move higher.
The 30-day return is now +73.5% and the 7-day return of +34.8% reflects strong recent momentum.

Supporting datasets

CoinDesk Indices: Single Tokens, Multi-Assets and Rates

Candlestick data for various CoinDesk indices

3 tables52.24 MB

May 30, 2026

Supporting 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 May 2 close: $0.07640; 90-day high (confirmed): $0.07640; 90-day low: $0.04329 (+76.5% from floor). May 1 return: +10.78%; May 2 return: +11.46%; 2-day gain: +22.9%. 7-day return: +34.8% (Apr 25 close: $0.05669). 30-day return: +73.5% (Apr 2 close: $0.04403). Volatility prior 14d: 264.9% annualised; recent 14d: 119.4% (ratio: 0.45).