Research

2024 Axelar Crosschain Snapshot

Browse through this data-driven exploration of massive growth potentials for interoperability protocols. We analyze crosschain trends, highlighting challenges and identifying emerging trends.

2024 Axelar Crosschain Snapshot

Jump into the2024 Axelar Crosschain Snapshot.

There’s a massive growth opportunity for interoperability protocols — users leaving centralized onramps.

Research suggests Axelar could scale decentralized options this cycle.

In this data-driven report, we unpack crosschain trends, highlight challenges for the space and identify trends, such as:

  • Ethereum users are more likely to go crosschain with Axelar than any other solution. This is largely due to the fact Axelar has the most bridging routes.
  • Use of the interchain development tools GMP and ITS by Axelar are up 31,000% since October.

Jump into these insights and more in the 2024 Axelar Crosschain Snapshot.

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