Axelar Token burning accelerates, with over 90,000 AXL tokens burned in 5 days, an inflation rate of 4.8%. Axelar Cobalt upgrade strengthens the economic model, with 98% of AXL tokens burned and 2% transferred to the community fund pool. Connecting to new blockchains through the Interchain Amplifier, the MDS mechanism provides security, AXL stake is in the validators reward pool, supporting new connections without inflation incentives.

BlockBeats news, on October 16th, according to The Block report, the TON Foundation has selected Axelar's Mobius development stack as its preferred interoperability solution to enhance the connectivity between the TON blockchain and other chains. TON developers plan to deploy MDS to achieve TON .

BlockBeats news, on October 25th, Cross-Chain Interaction network Axelar (AXL) announced a partnership with Cardano at the Cardano Summit 2024. Cardano will integrate Axelar MDS to connect to Cardano.

TON announced its integration with Axelar's Mobius development stack to improve scalability and interoperability. Among them, Axelar's Interchain Amplifier technology will be used to connect TON and Axelar, providing a secure protocol layer connection. This integration will help expand the application scope of TON.