1) local depolarization to diffusion of Na+ ions
2) threshold is reached: opening of activation gates on voltage-gated sodium channels
3) Na+ rushes into axon causing rapid depolarization
4) at +30mV, Na+ inactivation gates on voltage-gated channels close and voltage-gated K+ channels open
5) K+ rushes out of the axons causing rapid repolarization
6) at -70mV, the voltage-gated K+ channels start closing (hyperpolarization)
7) passive channels allow ions to diffuse and the sodium/potassium pump runs resulting in the shift back to resting potential