### Axelar cross-chain interoperability network is about to release a major development, and the results will be revealed on October 3!
Hey, blockchain enthusiasts! 📢 Have you noticed Axelar’s mysterious preview on social platforms recently? On September 28, Axelar released a video with the text "Beyond your imagination. October 3, 2024." This has everyone wondering what big news will be revealed on October 3?
According to the heated discussions in the community, many people believe that this major development may be related to the Axelar Interchain Amplifier. This feature has a great background. It not only seamlessly connects various blockchain consensus engines and traditional off-chain systems, but also significantly reduces the cost of developers. What's even cooler is that these new cross-chain connections are achieved through smart contracts, rather than through the protocol layer. What does this mean? It means that more efficient and transparent cross-chain operations are about to become a reality!
Looking back, Axelar announced an exciting plan on May 6 this year: to interconnect Bitcoin, Hedera and Polkadot ecosystems across chains. Bitcoin L2 network Stacks, open source proof-of-stake blockchain Hedera, Moonriver Network and privacy network Iron Fish will all be the first phase of the Axelar Interchain Amplifier pilot program to achieve one-click programmable interoperability.
As of now, the price of AXL is temporarily reported at $0.7024, with a 27.69% increase in the past 7 days. It seems that the market is quite satisfied with this announcement!
So, what do you think will be the major progress of Axelar this time? Is it a new partner? Or a more powerful technical upgrade? Welcome to express your opinions and speculations in the comment area! Let's look forward to the arrival of October 3 and see what surprises Axelar will bring us!
Whether you are a blockchain veteran or a novice, don't miss this exciting moment! Remember to pay attention to our follow-up reports, we will bring you the latest news and analysis as soon as possible.
