Analyzing the Squid Bridge transactions to Osmosis reveals several significant findings:

• Arbitrum and Polygon Lead in Volume: The data indicates that Arbitrum and Polygon are the top two source chains with the highest volume bridged from Squid on Axelar to Osmosis. This suggests a strong preference among users for these chains when transferring assets to Osmosis, possibly due to their efficiency, lower transaction costs, or other favorable features.

• Peak Volume in March 2024: March 2024 saw the highest bridged volume this year from Squid on Axelar to Osmosis. This surge in volume during March could be attributed to various factors such as market dynamics, platform updates, or specific events within the ecosystem that attracted increased user activity and engagement.

• axlUSDC Dominates Transaction Volume: With over 15.2k transactions on the Squid Bridge from Axelar to Osmosis, axlUSDC maintains its position as the highest token bridged by transaction volume. This indicates a consistent demand or utility for axlUSDC among users conducting transactions on Osmosis, highlighting its importance within the platform's ecosystem.

In summary, these insights underscore the popularity of Arbitrum and Polygon as source chains for bridging assets to Osmosis, the peak in bridged volume observed in March 2024, and the continued dominance of axlUSDC in transaction volume on the Squid Bridge from Axelar to Osmosis.