Axelar Bridge Unlocks New Horizons for XRP Utility
2025-07-10 16:59:40
Main Idea
The Axelar Bridge has enhanced XRP's utility by enabling interoperability with multiple blockchains, expanding its use in DeFi, gaming, and smart contracts, and improving liquidity and on-chain programmability.
Key Points
1. Approximately 124,000 XRP has been bridged via Axelar’s interoperability network, marking a significant step in XRP’s integration with broader blockchain ecosystems.
2. Axelar’s platform connects dozens of independent blockchains, allowing XRP holders and developers access to EVM ecosystems, Cosmos-based chains, and Bitcoin Layer 2 networks.
3. This integration enables XRP to be used in decentralized finance (DeFi), gaming, and smart contract environments previously incompatible with the XRPL.
4. XRP’s interoperability with Axelar improves liquidity and allows for programmable smart contracts via the Axelar Virtual Machine (AVM), facilitating multi-chain workflows without centralized custodians.
5. The development has been in progress since 2024, and community members expect the amount of bridged XRP to increase as its utility in the crypto space grows.
Description
Interoperability continues to take shape as a critical component in blockchain infrastructure, and XRP has now taken a notable step forward in this direction. A recent post from XRPL validator Vet (@Vet_X0) revealed that approximately 124,000 XRP is currently bridged via Axelar’s interoperability network. This development marks a significant moment in XRP’s integration with broader blockchain ecosystems. Axelar’s platform is designed to connect dozens of independent blockchains through a decentr...
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