BlockBeats reported that on October 12, according to market data, Axelar (AXL) had the highest daily increase of more than 40% on the Binance trading platform, ranking third on the list of increases. The 24-hour trading increased by 663.9%, and is expected to exceed the total daily trading volume of 100 million US dollars.

Axelar announced the launch of the Mobius Development Stack (MDS) on the 3rd of this month, a new milestone in blockchain technology, aimed at bringing developers unlimited possibilities for cross-chain ecology. Axelar MDS provides a complete set of open tools and protocols that can achieve seamless connection between cross-chain applications and users and logic, ensuring transparency and security from the starting point to the end point.