According to the update, Axelar acts as a specialized bridge for its own XRPL sidechain token. In addition to this functionality, Axelar can connect more than 50 blockchains to its ecosystem.
According to Long, #Ripple is looking forward to working with Archax and expects to raise hundreds of millions of dollars in tokenized real assets in the #XRP Ledger. Meanwhile, while the community is waiting for these events, other releases are being prepared.
In particular, the president of Ripple hinted at two future releases - Oracles and MPT. According to Long, there will be new developments for XRP in the second and third quarters.
In the meantime, a closer look at the second quarter XRP markets report shows that while the broad #cryptocurrency market is suffering from volatility, the adoption of the cryptocurrency by institutional investors has been encouraging. In particular, thanks to the tokenization of RWA and the achievement of several regulatory milestones such as MiCA, XRP remains ahead of the curve.
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