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Interop Labs Joins Linux Foundation Decentralized Trust

1. Axelar community emphasizes open-source for blockchain advancements. 2. Interop Labs supports transparency and efficiency through collaboration.

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Why Bullish?

The emphasis on open-source solutions aligns with market trends favoring decentralized systems. Similar companies like Ethereum saw price increases during open-source announcements.

How important is it?

The focus on open-source development can lead to increased adoption of blockchain technologies, positively impacting AXL's market performance.

Why Long Term?

The shift towards open-source and collaboration suggests sustained interest in AXL's initiatives, potentially boosting long-term investor confidence.

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NEW YORK--(BUSINESS WIRE)---- $AXL #axelar--"Open-source approaches will be essential in the next phase of blockchain development, and the Axelar community has shown a strong commitment to building an open-source stack," said Sergey Gorbunov, CEO of Interop Labs and co-founder of Axelar Protocol. "We at Interop Labs are proud to support the Linux Foundation and LF Decentralized Trust to advance transparency, reliability, security and efficiency in future iterations of the internet." Interop Labs is a systems an.

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