Axelar

<p><a href="https://axelar.network/blog/a-technical-introduction-to-the-axelar-network" rel="noopener noreferrer nofollow">Axelar network</a> went live on mainnet at the beginning of 2022, providing secure interchain communication across Cosmos and EVM ecosystems. From there, the project didn&#39;t look back.</p><p>Here&#39;s a recap of everything that happened in Axelar&#39;s first year on mainnet, followed by a look-ahead to some of what&#39;s coming in 2023.</p><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/9216183268d94a8fac565b950f008640.png" /></p><h2 id="header-0">2022 Wrapped: Axelar&#39;s 1st year on mainnet</h2><ul><li>Mainnet launch: <a href="https://axelar.network/blog/axelar-begins-rollout-of-public-mainnet-launch-for-february-2022-bringing-decentralized-interoperability-to-ethereum-avalanche-terra-moonbeam-and-others" rel="noopener noreferrer nofollow">Axelar network went live</a> in January, followed quickly by the Satellite bridge app.</li><li>Series B: in February, Axelar <a href="https://axelar.network/blog/axelars-universal-blockchain-interoperability-network-raises-35-million-to-reach-1-billion-valuation" rel="noopener noreferrer nofollow">announced</a> Series B financing closed at $1 billion valuation.</li><li>The Axelar Grant Program: Axelar launched a grant program and <a href="https://axelar.network/blog/axelar-ecosystem-funding-program" rel="noopener noreferrer nofollow">ecosystem fund</a> for idea-stage projects with a vision for mass adoption. <a href="https://axelar.network/funding-program" rel="noopener noreferrer nofollow">Find out more</a> &amp; apply.</li><li>Cosmos liquidity: Following the collapse of Terra’s UST stablecoin, Axelar’s infrastructure was used to bridge millions in USDC liquidity into Cosmos.</li><li>General Message Passing <a href="https://axelar.network/blog/general-message-passing-and-how-can-it-change-web3" rel="noopener noreferrer nofollow">went live on mainnet</a> in May, enabling interchain NFTs and one-click interchain experiences for users.</li><li>Interchain NFTs: the first natively <a href="https://axelar.network/blog/axelar-launches-line-of-exclusive-community-nfts" rel="noopener noreferrer nofollow">interchain NFT</a> was <a href="https://axelar.network/blog/the-axelar-robot-nft-collection-cross-chain-nfts-minted-in-partnership-with?utm_source&#61;airdrop-site&amp;utm_medium&#61;web&amp;utm_campaign&#61;airdrop" rel="noopener noreferrer nofollow">minted using Axelar</a> in August, and the Axelar Robot Series was born.</li><li><a href="https://axelar.network/blog/quadratic-voting-DAOs-dPoS-and-decentralization" rel="noopener noreferrer nofollow">Quadratic voting was implemented on Axelar network </a>in September, further decentralizing the Axelar network.</li><li>Token release: the <a href="https://axelar.network/blog/how-to-convert-erc-20-axl-to-native-axl" rel="noopener noreferrer nofollow">AXL</a> token was <a href="https://axelar.network/blog/axl-token-post-summary" rel="noopener noreferrer nofollow">released in September</a>, providing broad access via top-tier exchanges and custodians to staking and governance on Axelar.</li><li>Interop Summit: Axelar announced the <a href="https://interopsummit.com/" rel="noopener noreferrer nofollow">Interop Summit</a> to convene developers building for mass adoption in Web3.</li><li>Network growth: In its first year on mainnet, Axelar network saw:<br />30 chains connected.<br />$1.6B&#43; transfer volume.<br />300,000&#43; transactions.<br />120&#43; interchain contracts.</li><li>Strategic partnerships: Axelar formed strategic partnerships with leading blockchain ecosystems and projects in 2022: Arbitrum, Circle, Osmosis, Polygon and Sui, to name a few. <a href="https://axelar.network/ecosystem" rel="noopener noreferrer nofollow">Read more</a>.</li><li>Ecosystem Funding Program: in December, Axelar launched its $60M Ecosystem Funding Program with top-tier VCs, to fund Web3 projects that are building for mass adoption. <a href="https://axelar.network/funding-program" rel="noopener noreferrer nofollow">Find out more</a> &amp; apply.</li><li>AXL &#34;Winter Relief Shipment&#34; airdrop program: Axelar opened the first AXL airdrop, to early adopters of the Satellite bridge. <a href="https://airdrop.axelar.network/" rel="noopener noreferrer nofollow">Learn more about this and other upcoming AXL airdrops.</a></li></ul><h2 id="header-1">Looking ahead to 2023</h2><p>Here&#39;s a glimpse at what the Axelar ecosystem is looking forward to in 2023.</p><ul><li>The Interop Summit &amp; new ecosystem learnings: building in the interchain is a new paradigm. Feb. 27-28 in Denver, we’ll convene leading chain-agnostic builders for a first-of-its-kind conference, <a href="https://interopsummit.com/" rel="noopener noreferrer nofollow">the Interop Summit</a>. And we’re bringing the same luminaries together in our communities on Discord, Telegram and Twitter, year-round.</li><li>Axelar Ecosystem Startup Funding Program: there are 15&#43; Web3 VCs working with the Axelar ecosystem to identify projects that are building for mass adoption on the decentralized web. Learn more: <a href="https://axelar.network/funding-program" rel="noopener noreferrer nofollow">https://axelar.network/funding-program</a>.</li><li>New chain integrations: Axelar already connects 30 of the most dynamic ecosystems in Web3. New chains are connecting every month; watch axelarscan.io and satellite.money to see the network grow.</li><li>Airdrops, bounties and grants: AXL is the staking and governance token of the Axelar network. In September, 2022, it became publicly available. December brought the first AXL airdrop! Join the Axelar <a href="https://discord.gg/axelar" rel="noopener noreferrer nofollow">Discord</a> or <a href="https://t.me/axelarcommunity" rel="noopener noreferrer nofollow">Telegram</a> to get involved and start staking AXL.</li><li>General Message Passing for Cosmos: extending General Message Passing to Cosmos chains and dApps, enabling Cosmos and EVM developers to call any function on any chain, across both ecosystems.</li><li>Composable USDC: Axelar is working with Circle to bring liquidity into every application on every blockchain on the decentralized web. Learn about <a href="https://www.circle.com/blog/composable-usdc-seamless-multichain-ux-by-axelar" rel="noopener noreferrer nofollow">Composable USDC</a> and read the <a href="https://docs.axelar.dev/dev/guides/example-composable-usdc" rel="noopener noreferrer nofollow">developer documentation</a>.</li><li>Integrations with non-EVM blockchains: Axelar gateways and protocol semantics are being adopted across diverse languages: Move, Rust, Solidity, Javascript, and beyond. Axelar’s <a href="https://stellar.org/blog/stellar-bridge-bounty-program-grants-up-to-5-million-to-finalists" rel="noopener noreferrer nofollow">Stellar integration</a> is only the beginning.</li><li>Application-level security validation: protocols for dApp developers to implement additional checks to authorize transactions or deploy additional validator nodes.</li></ul><p>Want to get involved? Head to the <a href="https://axelar.network/" rel="noopener noreferrer nofollow">Axelar website</a> for documentation, resources and ways to get in touch with our team.</p>

What's Next for Axelar in 2023

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Axelar

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