Axelar Network Sees Enormous Growth in 2024, Starting 2025 with New-Chain Integrations, Tokenomics Overhaul, and Amplified Security

Axelar Network, a popular Web3 interoperability entity, has made significant progress during 2024. With landmark innovations and remarkable growth metrics

Web3 interoperability powerhouse Axelar Network had a stellar 2024. Now, as we begin 2025, Axelar is setting the stage for a remarkable year in terms of blockchain integration and expansion. Here's a deep dive into our achievements and the future roadmap.

▫️Transfers doubled from 0.84M to 1.67M 🚀

▫️Active users grew by 71% year-over-year.

From 35,046 to 60,093 📊 pic.twitter.com/MLcLKNbNY1

Highlighting some key metrics from the exponential growth:

- Transfers doubled from 0.84M to 1.67M

- Active users also went from 35,046 to nearly 60,093, showing a huge 71% spike

- Transaction volume also saw a 50% growth to touch $3.1B

- Axelar’s Interchain Token Service contributed substantially to the activity.

Eighty-eight engineers fueled the Interchain Amplifier’s development, which will supercharge new chain integrations during 2025.

Top institutional players were also attracted to Axelar's interoperability solutions. For instance, Deutsche Bank introduced a pilot Ethereum L2 project while leveraging Axelar’s interoperability layer. Furthermore, Mastercard and Citi partnered to boost real-world asset interoperability.

Now, let's talk about how we’re kicking off 2025—new-chain integrations, tokenomics overhaul, and amplified security.

We're making a big leap this year with cutting-edge initiatives that include expedited new-chain integrations, enhanced security, improved application-layer protocols, and an upgrade to tokenomics. As a part of this roadmap, we're introducing the Interchain Amplifier, which promises to accelerate the link between XRP Ledger, TON, Sui, Solana, and Bitcoin, among others. These integrations will permit Axelar to outpace competitors and establish an inclusive interoperable platform.

We're also providing improved application-layer protocols, letting developers adopt protocols such as ITS and enabling rapid-finality transfers through Squid Router. Furthermore, for amplified security, Axelar integrates with Eigenlayer ($ETH) and Babylon ($BTC) with modifiable collateral, guaranteeing secure and resilient cross-chain connections.

Lastly, our non-inflationary approach toward chain integrations promises an increased utility of $AXL (the native token of Axelar). Thus, proposed changes, which are subject to governance authorization, take into account burning transfer fees rather than disseminating them among token holders.