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.