Axelar token falls 15% after Circle deal takes the developer team, leaves AXL behind

The Axelar token experienced a significant decline of 15% following the announcement of a deal with Circle that resulted in the transfer of the developer team away from Axelar, leaving the AXL token and its community in a precarious position. This unexpected development has raised concerns among investors and users alike, leading to heightened volatility and uncertainty in the market for Axelar. source: https://www.coindesk.com/markets/2025/12/16/axelar-token-falls-15-after-circle-deal-takes-the-developer-team-leaves-axl-behind