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Axelar Bridges XRP and EVM Chains: $376K Moved In First Week

  • Axelar has successfully onboarded XRP Ledger (XRPL) and XRPL EVM into its network, bringing the total number of connected blockchains to 81.
  • In the first week, over 9,400 transactions worth $376,000 were processed between XRPL and other chains using Axelar GMP.
  • Axelar GMP has facilitated $4.7 billion in volume and has attracted thousands of new addresses weekly, indicating growing demand for cross-chain asset transfers.
  • The addition of XRP Ledger (XRPL) and XRPL EVM to Axelar's network enhances cross-chain interoperability, enabling users to move assets and interact with smart contracts seamlessly across different blockchain networks.

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