🚀 On January 22nd, it was officially announced that
@flow_blockchain became the 70th blockchain integrated into
@axelar, marking a major milestone! 🎉 Not only that, but Flow is the first chain to benefit from Axelar's game-changing Interchain Amplifier, powered by the cutting-edge Mobius Development Stack 🌊.
So, how did this big news impact
@flow_blockchain in the days that followed? 🤔
📈 Price & TVL Reaction:
Within 24 hours of the announcement, the
$FLOW token price saw a modest uptick of 1.4%, while the Total Value Locked (TVL) on Flow rose by 1.6%. However, broader market conditions caused these metrics to fluctuate in the days afterward.
💡The Real Story: Activity Boom!
The real magic happened with the growth in on-chain activity! Since January 22nd:
✨ The number of max daily transaction skyrocketed from 250.5k to 505.1k.
✨ The maximum number of daily active users surged from 12.7k to an impressive 76.6k.