==Line chart on the left shows daily new users who are transferring on each chain== in which its over all trend is bullish which maxed out on Feb 4, 2023 with 4.2K.

Almost all chains has steady growing new users with spikes that has occurred February 2023.

• ==Area chart on the left indicates number of transfers executed per second each day== and as we see Osmosis chain is dominant over other chains which means on this chain most number of transfers are being executed each second compared to other chains and most transfers per second occurred on Osmosis chain on Feb 3, 2023 with 0.907662 transactions per second.

  All chains are showing a spike on Feb 8, 2022 alongside its bullish trend.

==Line chart on the left shows daily new users who are transacting on each chain== in which its over all trend is fluctuated with two spikes which occurred on Jan 30, 2023 with 14K new users and Feb 13, 2023 with 15K new users.

Almost all chains has steady growing new users with two spikes that has occurred on January and February 2023.

Comparing Transactions

• ==Pie chart above indicates number of executed transactions on each chains of Axelar, Osmosis and Cosmos== in which total of 16.5M transactions occurred on them which majority of them executed on Osmosis chain which is ~2 times of Axelar and ~3 times of Cosmos.

• ==Bar chart above indicates daily number of executed transactions on each chains of Axelar, Osmosis and Cosmos== in which as we see their over all trend is bullish which maxes out on Feb 1, 2023 with 350K transactions. all three of them are having bullish trend towards March 2023 in which most number of transactions on a day has recorded for OSMOIS CHAIN on Feb 1, 2023 with 196,130 transactions

• ==Pie chart above indicates number of transaction executers on each chains of Axelar, Osmosis and Cosmos== in which total of 540.5K users executed on them which majority of them executed on Cosmos chain which is ~1.5 times of Osmosis and ~27 times of Axelar.

• ==Bar chart above indicates daily number of unique transaction executers on each chains of Axelar, Osmosis and Cosmos== in which as we see their over all trend is bullish which maxes out on Feb 24, 2023 with 80K users. except Axelar with a fluctuated trend with a spike on Feb 8, 2023 rest of them are having bullish trend towards March 2023 in which most number of executing users on a day has recorded for OSMOIS CHAIN on Feb 18, 2023 with 54896 users.

• ==Area chart above on the left indicates successful transactions rate of each chain== in which as we see Axelar has least turbulent rate with steadiest success rate, next least turbulent chain is Cosmos, and Osmosis is most turbulent chain in case of successful transactions. which means Axelar is most secure and most reliable chain among these chains and most success rate on a day has occurred on Axelar chain with 1 as success rate on Jan 6, 2023.

• ==Area chart above on the right indicates number of transactions executed per second each day== and as we see Osmosis chain is dominant over other chains which means on this chain most number of transactions are being executed each second compared to other chains and most transaction per second occurred on Osmosis chain on Feb 1, 2023 with 2.27 transactions per second.

  Axelar shows spike on Feb 8, 2022 alongside its bullish trend.

Comparing Transfers

• ==Pie chart above indicates number of executed transfers on each chains of Axelar, Osmosis and Cosmos== in which total of 3M transfers occurred on them which majority of them executed on Osmosis chain which is ~1.5 times of Cosmos and ~13 times of Axelar.

• ==Bar chart above indicates daily number of executed transactions on each chains of Axelar, Osmosis and Cosmos== in which as we see their over all trend is bullish with two spikes on January and February with maximum of them occurred on Feb 3, 2023 with 107K transfers which maxes out on Feb 1, 2023. all three of them are having bullish trend towards March 2023 with huge spike on Feb 3 ,2023, and most number of transfers on a day has recorded for OSMOIS CHAIN on Feb 3, 2023 with 78,422 transfers.

• ==Pie chart above indicates number of transfer executers on each chains of Axelar, Osmosis and Cosmos== in which total of 493K users executed on them which majority of them executed on Osmosis chain which is ~1.2 times of Cosmos and ~13.5 times of Axelar.

• ==Bar chart above indicates daily number of unique transfer executers on each chains of Axelar, Osmosis and Cosmos== in which as we see their over all trend is bullish which maxes out on Feb 28, 2023 with 31K users. Axelar has bullish trend with a spike on Feb 8, 2023 also rest of them are having bullish trend towards March 2023 in which most number of executing users on a day has recorded for OSMOIS CHAIN on Feb 28, 2023 with 18,206 users.

==Transfer success rate for all chains is 1==

Key Conclusions

• Transactions has executed mostly on Osmosis and Cosmos has most executers of transactions.
• Transfers has executed mostly on Osmosis and also Osmosis has most executers of transfers.
• Transactions and transfers charts of all chains are bullish towards March 2023 and we see spikes that has occurred mostly on February 2023 same month with events on Axelar and other chains.
• New users of transactions and transfers has spikes on February 2023 which shows new users has been joining to these chains prior to the events on February 2023.

Introduction

• Transactions and transfers are fundamental concepts in blockchain technology and are crucial for the functioning of decentralized networks like Osmosis, Axelar, and Cosmos.
• Osmosis is a decentralized exchange built on the Cosmos SDK. Transactions on Osmosis involve the exchange of tokens between different users, and these transactions are recorded on the Osmosis blockchain. These transactions can involve simple swaps between two tokens or more complex trades that involve multiple tokens and liquidity pools.
• Axelar is a cross-chain communication network that enables interoperability between different blockchain networks. Transactions on Axelar involve the transfer of assets between different blockchains, allowing users to move tokens seamlessly between networks.
• Cosmos is an ecosystem of interconnected blockchains that use a common set of protocols to enable cross-chain communication. Transactions on Cosmos involve the transfer of assets between different chains within the Cosmos network, as well as the interaction with other decentralized applications built on top of the network.
• In all three networks, transactions and transfers are secured using consensus mechanisms such as proof of stake or proof of work, and the transaction history is recorded on a decentralized ledger. These transactions and transfers are key to enabling decentralized exchanges, cross-chain communication, and other blockchain applications.

Methodology

In this dashboard, the count of transaction - transactions per second - success rate - new users of three networks of ==Axelar== / ==Osmosis== / ==Cosmos== are compared so that we can give an explanation to behavior of metrics of Axelar network in comparison to other networks and to see possible impact of events and news on metrics of these networks.

Tables used to create this dashboard are listed belwo:

==axelar.core.fact_transactions== / ==osmosis.core.fact_transactions== / ==cosmos.core.fact_transactions==

==axelar.core.fact_transfers== / ==osmosis.core.fact_transfers== / ==cosmos.core.fact_transfers==

Looking ahead to 2023

Here's a glimpse at what the Axelar ecosystem is looking forward to in 2023.

• The Interop Summit & new ecosystem learnings: building in the interchain is a new paradigm. Feb. 27-28 in Denver, we’ll convene leading chain-agnostic builders for a first-of-its-kind conference, the Interop Summit. And we’re bringing the same luminaries together in our communities on Discord, Telegram and Twitter, year-round.
• Axelar Ecosystem Startup Funding Program: there are 15+ Web3 VCs working with the Axelar ecosystem to identify projects that are building for mass adoption on the decentralized web. Learn more: .
• New chain integrations: Axelar already connects 30 of the most dynamic ecosystems in Web3. New chains are connecting every month; watch axelarscan.io and satellite.money to see the network grow.
• Airdrops, bounties and grants: AXL is the staking and governance token of the Axelar network. In September, 2022, it became publicly available. December brought the first AXL airdrop! Join the Axelar Discord or Telegram to get involved and start staking AXL.
• General Message Passing for Cosmos: extending General Message Passing to Cosmos chains and dApps, enabling Cosmos and EVM developers to call any function on any chain, across both ecosystems.
• Composable USDC: Axelar is working with Circle to bring liquidity into every application on every blockchain on the decentralized web. Learn about Composable USDC and read the developer documentation.
• Integrations with non-EVM blockchains: Axelar gateways and protocol semantics are being adopted across diverse languages: Move, Rust, Solidity, Javascript, and beyond. Axelar’s Stellar integration is only the beginning.
• Application-level security validation: protocols for dApp developers to implement additional checks to authorize transactions or deploy additional validator nodes.

Source

Past events on Axelar

According to coinmarketcal.com and shown here there is only two events has recorded for Axelar on 2023 which are:

• Interop Summit 2023
• Polkadot Community Call