As I understand it, addition and multiplication are defined on the reals as having identity elements 0 and 1 and being commutative and associative. Multiplication is also distributive over addition.
With exponentiation we lose the properties of commutativity, associativity, and identity but maintain closure over the positive integers.
Fixing the identity issue seemed difficult since there is no clear extension to the sequence $0,1\ldots$, so I just decided to use $2$.
I decided to try to define a new "exponentiation" ($\star_2$) over the positive reals with the following properties:
$\newcommand{\ex}{\star_2} \begin{align*} a\ex b &= b\ex a\\ a\ex (b\ex c) &= (a\ex b)\ex c\\ a\ex(b \star_1 c)&=(a\ex b)\star_1(a\ex c)\\ a\ex2&=a\\ \lim_{x\to x_0}(a\ex x)&=a\ex x_0 \end{align*}$
where $\star_1$ is multiplication.
After some manipulation, I concluded that the only operation satisfying these axioms (commutativity, associativity, distributivity over multiplication, identity element 2, and continuity) was $a\ex b = a^{\log_2 b}$.
I was wondering if there is there some series $\star_n$ that satisfies the following axioms and if it has been studied what it is called.
$ \begin{align*} a \star_0 b &= a + b\\ a\star_n b &= b\star_n a\\ a\star_n (b\star_n c) &= (a\star_n b)\star_n c\\ a\star_n (b \star_{n-1} c)&=(a\star_n b)\star_{n-1}(a\star_n c)\\ a\star_n n &=a\\ \lim_{x\to x_0}(a\star_n x)&=a\star_n x_0 \end{align*}$