Stats, numbers and recent moves 💥 April roundup by Axelar Collectives Researcher @skygecko_ 👇
Here's an update on what happened with Axelar in the month of April. 1️⃣ Their Cobalt Upgrade: Axelar introduced this upgrade and since then: - 615,964 $AXL burned - 425,622 $AXL allocated to validators - New fee-burning model - Permissionless chain integrations - More utility as more chains connect 2️⃣ Network Growth in Numbers In April alone: - 8.45M transactions - 97.5% success rate - 89.4K $AXL in fees Axelar continues to prove it can scale cross-chain volume time and time again. 3️⃣ Season 2 of the Axelar Collectives They're calling Researchers, Artist, and devs: - Build on Axelar’s ecosystem - Apply PoS security & multiparty cryptography - Drive cross-chain adoption (Applications closed Apr 29) 4️⃣ Some Big Integrations - Cross-chain storage facility with Filecoin - Collaboration with @Ripple & BCG on tokenization - Supporting ERC-7786 to unify Web3 standards just like they've always wanted to. 5️⃣ Market Sentiment - $11.26B+ in cross-chain volume - 75+ chains connected - TVL close to $1B - AXL now on @iTrustCapital Institutional adoption leads to more growth and it shows they're doing something right. 6️⃣ Strategic Moves - Interchain Amplifier - Mobius Development Stack - They'll be supporting Sui, Solana, XRP Ledger soon - Collaborating with Citi, Deutsche Bank & Mastercard In my opinion; Axelar isn’t just building a cross-chain platform, it’s laying the foundation for a unified Web3. April 2025 was amazing and proof that infrastructure moves are thriving. Will we see more of this in the coming months? Follow @axelar to find out.
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