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IOST (Internet of Services Token) is a blockchain network designed to facilitate the development and deployment of decentralized applications (dApps) and services. Its primary focus is on scalability and speed, aiming to support a high throughput of transactions to meet the needs of the growing decentralized economy.
Axelar (AXL) is a decentralized network that facilitates cross-chain communication and interoperability between various blockchain ecosystems. By providing a secure and efficient way for different blockchains to interact, Axelar aims to enhance the utility of decentralized applications (dApps) and improve the overall user experience in the crypto space.