According to BlockBeats, on August 12, Axelar announced the development update for July 2024, revealing that its Interchain Amplifier is now live on the testnet. This marks a significant milestone in enhancing blockchain interoperability.

The Amplifier feature by Axelar seamlessly connects a wide range of blockchain consensus engines and traditional off-chain systems, significantly reducing costs for developers. The core components of the Interchain Amplifier include an on-chain message router, a gateway, and CosmWasm for receiving and sending messages.

The testnet is currently in the testing phase, with plans to integrate new blockchain networks in the coming weeks.