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You are here: Home / Cryptocurrency News / Axelar Bridges XRP and EVM Chains: $376K Moved In First Week

Axelar Bridges XRP and EVM Chains: $376K Moved In First Week

By Mishal Ali | Edited By Ammar Raza,July 7, 2025, 9:52 PM

Axelar

Key Takeaways:

  • XRPL and its EVM sidechain are now live on Axelar, and cross-chain transactions between 81 supported blockchains can now occur.
  • Over 9,400 transactions moved $376K in assets between XRPL and other chains in the immediate aftermath.
  • Axelar GMP has handled $4.7B in volume and draws in thousands of new addresses every week.

Axelar has broadened its coverage by onboarding XRP Ledger (XRPL) and XRPL EVM into the network. Axelar’s latest integration brings its total number of connected blockchains to 81.

Announced in late June, this update allows users and developers to move assets like XRP, ETH, and USDC between different chains and interact with smart contracts across multiple networks.

As shared in a thread by Hess, the XRPL EVM sidechain is now fully linked to the broader Web3 ecosystem through Axelar.

Users have already started bridging major tokens using Squid, and developers can now run smart contracts across different chains using Axelar’s General Message Passing (GMP) protocol. On the very first day, around $175,000 worth of assets passed through the system, an early sign of strong demand.

Source: X

Axelar makes it easier to send tokens and commands across networks. For example, someone on XRPL can now trigger a decentralized swap on Ethereum without switching platforms. This kind of functionality paves the way for more advanced DeFi tools and cross-chain financial use cases.

Also Read: Massive Leap For XRPL: Apex 2025 Launches Institutional Finance On Chain

Over 125K New Wallets Join Axelar GMP Network in 2025

In the days since the introduction of XRPL into Axelar, the network handled nearly $376,000 in volume across 9,400 transactions in the new chains. Those are the increasing demands for cross-blockchain asset transfers.

Source: X

Axelar GMP has been the engine behind most of the platform’s growth, handling nearly 3 million transactions and facilitating $4.7 billion in volume thus far.

Source: X

Weekly GMP action moves between $25 and $50 million, and the all-time high it has hit is close to $70 million. This consistent throughput indicates the scalability and demand for cross-chain interplay.

Ever since the start of 2025, roughly 125,500 new wallet addresses have joined the Axelar GMP network, and the platform has seen between 3,000 and 7,000 new users registering each week.

Source: X

Notably, roughly 40% of these users have sent in excess of $100, which indicates increasing confidence and dependence on the protocol for larger value transactions.

BSC, Arbitrum, and Polygon Lead in Active GMP Users

According to Axelar, Ethereum, Binance Smart Chain (BSC), and Arbitrum topped the charts for total volume moved through GMP, with a combined $2.3 billion transferred. But when it comes to active user addresses, BSC, Arbitrum, and Polygon came out ahead.

Source: X

This shows a clear user preference for networks that offer lower fees and faster transactions, both critical for smooth cross-chain activity. Now with XRP and XRPL EVM joining this growing ecosystem, XRPL is stepping up its game.

It opens the door for developers and financial institutions to tap into broader interoperability without needing custom bridges. Thanks to GMP-powered smart contract support, XRPL is in a strong position to become a bigger player in the expanding multichain Web3 world.

Also Read: Ripple & Wormhole Partner To Unlock Multichain Access For 6M+ XRPL Users

Filed Under: Cryptocurrency News, Blockchain

About Mishal Ali

Mishal Ali is a Policy and Regulations Reporter at Tron Weekly with over four years of experience covering the global crypto and blockchain space. Her reporting focuses on crypto regulations and policy, alongside Bitcoin, Ethereum, altcoins, DeFi, NFTs, Web3, Layer 2 solutions, and AI-driven crypto use cases. She also tracks Ripple-related developments, enforcement actions, licensing updates, and crypto scams and fraud trends, helping readers understand regulatory and compliance risks.

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