Alprazolam, commonly referred to by its brand name Xanax, is a benzodiazepine medication prescribed for treating anxiety and panic disorders. This benzodiazepine enhances GABA activity which inhibits excessive neural activity within the brain to create a relaxing effect on the central nervous system. Due to its fast onset of action and rapid relief during acute anxiety episodes or panic attacks, Alprazolam can often provide short-term relief.