Axelar MXRP Launch

XRP Seoul 2025 unfolds on September 21 at COEX Auditorium in Gangnam, drawing over 3,000 attendees from 40-plus countries to explore XRP ecosystem growth, stablecoins, regulatory shifts, and digital asset strategies. Axelar, as gold sponsor, will deliver an announcement during the event, spotlighting its interoperability prowess. Co-founder Georgios Vlachos headlines a session on decentralized networks, highlighting how Axelar connects XRPL to 80-plus chains like Ethereum and Cosmos.The purpose is to amplify XRPL's reach, enabling wrapped XRP transfers and DeFi integrations from day one of the EVM sidechain launch. Significance rests in bridging institutional-grade tools with everyday usability, turning XRP into a multichain powerhouse for tokenization and yield. For Axelar, it cements leadership in secure messaging; for the community, it unlocks liquidity flows and RWA opportunities. Expected impacts span boosted adoption in Korea's vibrant market, with potential for new partnerships and a surge in cross-chain volume, fostering a more unified Web3 landscape.Recent NewsAxelar has surged forward in the past three months, cementing its interoperability edge. On September 5, a partnership with Crypto.com secured institutional custody for AXL tokens, bolstering treasury management for grants and operations. August saw developer commits double historical averages, fueling upgrades like the SDK's Amplifier Chain support for Cosmos networks.The XRPL EVM Sidechain integration, live since June, connected XRP to broader ecosystems, enabling Squid Router for frictionless transfers. Upbit's AXL/KRW listing in June exploded with $220 million volume on day one, outpacing BTC and XRP pairs. In July, collaborations with EigenLayer and Babylon enhanced security via restaked ETH and BTC collateral. These strides propelled Q2 cross-chain transactions past $52 billion, with active addresses up 500% year-to-date, even as AXL traded around $0.33 with a $340 million market cap amid market caution.Future PlansAxelar's 2025 agenda targets explosive scalability through the Interchain Amplifier's Q3 mainnet rollout, allowing permissionless chain additions via AXL-staked validators. This builds on 69-plus connections, aiming for 100 by year-end, including deeper Solana and Bitcoin ties. Gas Service upgrades will refine fee estimates for smoother transfers, while tokenomics evolve with a potential deflationary burn mechanism to reward stakers.The Mobius Development Stack expands for programmable apps, integrating with Ubyx for stablecoin off-ramps. Long-term, Axelar eyes regulated DeFi dominance, partnering with banks for compliant RWAs and yield products. By 2026, goals include 1,000-plus dApps leveraging its stack, positioning AXL as the go-to for multichain composability and driving toward a $1 billion TVL ecosystem.Onchain DataAxelar's metrics paint a picture of robust, expanding activity across its Cosmos-based chain and gateways. Daily cross-chain transactions averaged 25,000 in early September 2025, a 15% QoQ rise, with total Q2 volume exceeding $52 billion per protocol dashboards. On Etherscan, the ERC-20 AXL contract logged 174,000 transfers, holder count at 9,400, and 24-hour volume of $24 million.Staking secures over 60% of circulating supply (1.03 billion AXL total, 340 million circulating), yielding 8-10% APR via proof-of-stake, with Dune Analytics showing 50,000 active addresses weekly. TVL in connected pools hit $1 billion, led by Squid Router's $800 million monthly flows. Fees in AXL reached 10,000 daily, up 20% from July, signaling growing utility despite no native Glassnode suite; aggregated explorers confirm healthy validator participation at 75 nodes.Community SentimentX buzz around Axelar's XRP Seoul tease crackles with anticipation, users hailing it as a "game-changer for cross-chain DeFi." Posts spotlight Vlachos' talk, with one noting "Axelar linking XRPL to 80 chains? That's the liquidity unlock we've needed." Korean threads praise the gold sponsorship, calling it "vital for Korea's stablecoin push," while global voices like "excited for the big news" rack up likes.Influencers underscore Squid's role in seamless transfers, with threads on Upbit's volume surge fueling optimism. A few flag AXL's price dip but counter with "fundamentals scream upside post-announcement." Engagement tops 300 likes on the official post, blending hype for integrations like Danal with collaborative vibes around Research Collective recruitment. Overall, sentiment tilts bullish, viewing Seoul as a catalyst for Axelar's multichain ascent.Announcements at events like this may spark volatility in AXL or related assets, so evaluate risks and DYOR.