A renaissance awaits.

Beyond the Cosmos.
Beyond Ethereum.
Beyond what you thought was possible in Web3.

Everything connected.
Imagine how great we could be.
The stakes have never been higher.
The promise has never been greater.

Liquidity.
Tokenization.
Compute.
Security.
Composability.
Programmability.
Community.

Introducing the Axelar Mobius Development Stack (MDS), a new interoperability standard coming to an ecosystem you love 🧵👇 Axelar MDS, developed by @interop_labs, is a new interoperability standard leveraging enhanced AXL token utility to power infinite security and scalability across Web3.

🧠 Learn more: axelar.network/blog/mobius-de…

🐣 Axelar network devs + @OpenZeppelin are joining forces to solve liquidity fragmentation in the EVM ecosystem + unlock interoperability for Web3 builders with a single click 🦾 🟠

In short, Axelar network integration + EIPs are coming 🧵👇 Ethereum is scaling horizontally, much like the internet itself. L2 blockchains are proliferating alongside modular + application-specific chains.

These blockchains are compatible with the Ethereum Virtual Machine (EVM), but they are not natively interoperable with Ethereum 💔

2 weeks into August... Seems like a good time to look back on a hot July in the Axelar ecosystem ♨️ Because summer ends, but Web3 keeps building 🏄 First, an updated Axelar ecosystem map. Note new applications building in all categories: Bigup @AnzenFinance, @Ta_da_io, @yel_finance, @Biswap_Dex, @vegaprotocol, @xionglobal, @blerbfinance, @lavanetxyz, @InterSwap_io 🟠 🦾

🟠 NEW CANONICAL BRIDGE APPROVED 🟠
Bringing @LidoFinance #wstETH to @BNBCHAIN, powered by Axelar + Wormhole:
⏲️ The connection is pending testing + UI.
🌊 2nd time Axelar links Lido beyond Ethereum L2 ecosystem.
🗳️ Community-driven process w/ on-chain governance.
🧵 👇 In 2023, Axelar became the connector that brought wstETH into the Cosmos - its first journey beyond Ethereum L2:

On Friday, Lido DAO approved canonical status, again breaking new ground with Axelar for its 1st canonical bridge beyond the L2verse.

https://x.com/axelar/status/1702309307369615660

GM(P). Axelar's General Message Passing (GMP) is now available between Cosmos and EVM chains, providing composability for dApps that span both ecosystems. 🧵👇
#cosmosandbeyond Axelar has long been the best way to connect #EVM and #CosmosEcosystem via bridged assets. With GMP, that connection goes beyond bridging, supporting a new generation of cross-chain applications that combine the best of Cosmos and EVM.

When liquidity into the crypto ecosystem was increasing, the “multichain thesis” seemed inevitable. Now what?

@sergey_nog joined @TaschaLabs to discuss the multichain future from a 2023 POV.

Takeaways 🧵👇 Sergey’s fundamental thesis ↔️

“If we keep on growing you have to isolate resources. Web2 doesn't run on a single database.”

Axelar’s token release is just 5⃣ days away! 🤯

Looking for the best way to stay up to speed? Keep an eye out for our AXL Tokenholders’ How-tos. 👀

Here’s one that will help you identify the wrapped (ERC-20) AXL token by ticker.

🧵👇 AXL is the native utility token that powers the Axelar network. It’s chain-agnostic, so its ERC-20 representations will live on all connected chains, including Ethereum.

wAXL is the recommended ticker for ERC-20 representation.

Axelar has been in the lab! 🧑‍🔬🧪

Here’s what we have to show for everyone’s hard work behind the scenes and a glimpse into what the future holds.🔮

🧵👇 🙏 $1.2B+ cumulative volume
🌐 180k unique addresses connected
🔀 250k cross-chain transactions
⛓️ 23+ chains connected
🏗️ 96+ projects integrating

…all before the release of the AXL token 🤯

Delivering cross-chain seamlessly to users is hard. Some have tried by deploying cross-chain versions of their dApps. This:
💦Fragments attention & liquidity.
🧐Creates 1st-class citizens on main chain, 2nd-class elsewhere.
📉Slow uptake on Chain 2 can be a counter-signal.
🧵👇 DeFi leaders (eg, Compound and Sushi) have flailed along this road. comp.xyz/t/multi-chain-… Other giants (dYdX, Synthetix, Yearn) are stuck in walled-garden L2s. Ultimately, apps are worthless without liquidity, and liquidity is hard to come by cross-chain. That is, until now. …

A down market is an opportunity to think ahead to the next cycle. Axelar investor @hosseeb of @dragonfly_cap looks and sees an era of Web3 “globalization" coming. 🌐 Here’s a 🧵 breaking down that concept and what it means for dApp developers. 👇 If we think of blockchains like nation-states, then cross-chain activity is like commerce between them. 🚢 What globalization did to real-world commerce over the past three decades is about to happen in Web3. ✈️

🚀Today we announce the launch of Satellite!🚀

Satellite is Axelar's first, decentralized cross-chain asset transfer application!

Announcement post: bit.ly/3FXoZfm

Link to Satellite satellite.axelar.network

Or continue the 🧵👇

Graphic by: @tripleline_th Today Satellite supports transfer of: Terra $LUNA, $UST and others between EVM and non-EVM chains such as #Terra, #Avalanche , #Polygon, #Ethereum and #Fantom. #Moonbeam coming very soon!

More networks and assets will be added in the coming weeks and months.