Try Quests to earn FLOW
@adriaparcerisasAxelar Integration Impact on Flow Blockchain
Flipside AI
Flow Blockchain experienced a dramatic 1400% surge in new user acquisition following Axelar integration, escalating from low triple-digit to over 70k daily new accounts, while simultaneously facing network health challenges with transaction failure rates spiking to 132,408 failed transactions in a single day, indicating both significant growth potential and technical stability concerns.
The integration of Axelar with Flow Blockchain represents a monumental shift in the ecosystem, opening up new horizons for decentralized applications (dApps) and their interactions with the broader Web3 ecosystem. Officially announced on January 22nd, 2025, Flow became the 70th blockchain to be integrated into Axelar, and notably, it is the first EVM blockchain to leverage Axelar’s Interchain Amplifier, powered by the innovative Mobius Development Stack (MDS).
This integration allows Flow to connect seamlessly to the vast Web3 network, enhancing interoperability and bringing new opportunities to dApps that are already thriving on Flow. As a result, we can expect significant increases in transactions, the number of new and active users, and contract deployments as the integration ramps up, allowing Flow to expand its presence across chains and attract more decentralized activities.
The focus of this dashboard will be to analyze these key metrics:
Transactions: The surge in cross-chain transaction volume.
New and Active Users: How the integration is impacting user growth and engagement.
Contracts Deployed: Measuring the spike in development activity as dApps take advantage of Axelar’s seamless connectivity.
Fees: Understanding how the integration affects the transaction cost landscape for users and dApps on Flow.