Obinna Nwankwo  pfp

Obinna Nwankwo

@elobino

78 Following
15 Followers


Obinna Nwankwo  pfp
Obinna Nwankwo
@elobino
It's not even the end of the year and over 1.85 million transactions have been made on @axelar-network xelar GMP(General Messaging Passing) by 589,24K unique users, a total of 2.79B Volume in transactions with 830 GMP contracts. What does this tell you? It means the plan for interoperability for traditional finances and blockchain projects are heading in the right direction as the majority of the transactions have been seamless when users of different networks interact with one another. From the datas provided on Axelarscan.io, the most used networks are ethereum, BNB chain, Polygon, Osmosis, Arbitrium and the transactions total to 2,440,818. As a dev, which network would you prefer to use when it comes to connecting with other Blockchain networks and performing seamless transactions? To me it is Axelar You can know more about navigating Axelar on X and the official website so check it out
0 reply
0 recast
0 reaction

Obinna Nwankwo  pfp
Obinna Nwankwo
@elobino
This summer saw fluctuations in the crypto market, with Bitcoin hitting a four-month low in early July before recovering. Looking ahead, market activity and trading volumes are expected to rise. Axelar's Year-over-Year (YoY) transactions reflect strong growth, with a 478% increase in interchain transactions in 2023, signaling widespread adoption of its cross-chain interoperability solutions. In Q4 2023, the platform saw an average of 3.1k daily interchain transactions, growing to 5.1k in Q1 2024 with a 66.5% rise. Simply put, Axelar functions like a busy highway connecting blockchains, and the "traffic" on this highway is rapidly increasing. As Axelar expands, we can anticipate even more users leveraging its network to move digital assets between chains. Learn more: https://www.axelar.network/ https://messari.io/report/axelar-q2-2024-brief
0 reply
0 recast
0 reaction

Obinna Nwankwo  pfp
Obinna Nwankwo
@elobino
While others build point-to-point bridges, @axelar-network is revolutionizing interoperability with a universal hub connecting multiple blockchain networks! ✅ Independent innovation ✅ Easy connectivity ✅ Improved validation Unlock seamless blockchain interactions! Join the conversation in the community today! https://axelar.network/
0 reply
0 recast
0 reaction

Obinna Nwankwo  pfp
Obinna Nwankwo
@elobino
It’s a new week! Planning your itinerary for the week? Here’s something impactful to brighten up that list! ✨👇 @axelar-network @SuiNetwork , and @DeepBookonSui to host Interop Summit 🔭Theme: “Singapore, exploring the latest advancements in interoperability, decentralized technologies, and cross-chain innovation.” 🗓️ DATE: September 19 ⏰ TIME: 6pm – 10pm SGT 📌 SAVE THE DATE! 📌 #Token2049Singapore https://lu.ma/InteropSingapore?locale=en-GB
0 reply
0 recast
0 reaction