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Sui Integrates Axelar to Unleash Limitless Scale for Next-Generation Asset Issuers

1. Axelar integrates Sui for enhanced blockchain interoperability. 2. Sui's DeFi growth indicates significant market activity influencing AXL.

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Why Bullish?

The integration with Sui positively positions AXL as DeFi activities rise significantly. Historical precedents show that partnerships enhancing functionality in tech sectors often lead to stock price increases.

How important is it?

The announcement signifies strategic growth aligned with technological advances, marking AXL's relevance in a booming market.

Why Long Term?

The sustained growth in DeFi and blockchain transactions can create continuous revenue streams for AXL, having a lasting influence on its market performance.

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SUIETHBTC
NEW YORK--(BUSINESS WIRE)---- $AXL--Axelar today advances global blockchain interoperability with the mainnet integration of Sui, the blockchain built for mass adoption, to advance their shared vision of empowering asset issuers to deliver seamless UX at limitless scale. The integration comes as DeFi surges on Sui, with more than 1.4M daily active wallets powering over $11B in DEX volume over the last 30 days alone. Sui's connection via Axelar unlocks interoperability across all of crypto. Tapping into.

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