In Akkadian, “Babel” means “gate of god(s).”
In Hebrew, “Babel” sounds a bit like the verb balal (“בָּלַל”), which means to confuse.
Given the situation, the Akkadian meaning is preferred, because at that site the Lord God entered the city (and the world) to confuse the language.
9 Therefore its name was called Babel, because there the LORD confused the language of all the earth. And from there the LORD dispersed them over the face of all the earth.