The Axelar Ecosystem: the Future of Cross-Communication in Web3
In 2022, former Algorand developers launched Axelar — a new project that has the potential to revolutionize the Web 3.0 space. It is a universal overlay network that connects all blockchain ecosystems, applications, assets, and users to achieve true interoperability. Axelar network provides a uniform solution to cross-chain communication that meets the needs of both platform developers and app builders. The former benefit from the seamless integration process, while the latter make use of one simple protocol and API to access global liquidity and communicate with the entire ecosystem.