Axelar AXLPrice $ 0.0559

Axelar delivers secure cross-chain communication for Web3, enabling to build Interchain dApps that grow beyond a single chain. Secure means Axelar is built on proof-of-stake, the battle-tested approach used by Ethereum, Polygon, Cosmos, and more. Cross-chain communication means can build a complete experience for your users that lets them interact with any asset, any application, on any chain with one click.

Axelar features:

• Axelar has released a demo app, Satellite, a decentralized cross-chain asset transfer application, reached more than $30 million in total value locked within weeks of release.

• Axelar is widely supported and endorsed by way of key integrations with blockchain networks (e.g. Ethereum, Cosmos, Terra, Avalanche, Polygon, Fantom, Moonbeam, and Polkadot).

• Axelar's testnet reached 800+ developer participants, 110+ testnet exercises submitted, 79 registered validators, 4 independent security audits, and 3 independent researcher audits in December 2021.

• Axelar has an initial validator set including reputable providers, such as Figment, Chorus, Cosmostation, and others. Axelar is supported by popular wallets, such as Keplr, Cosmostation Wallet, and Ledger. Multiple explorers can be used to track all network activity: https://axelarscan.io, https://www.mintscan.io/axelar, and https://axelar-mainnet.chainode.tech/.