$SUI
Sui ecosystem is exploding! Axelar cross-chain connects the two meridians, 1.4 million users are frantically processing 11 billion in transaction volume!
Family! The Sui ecosystem has been absolutely crazy lately! Just yesterday, Axelar (AXL), the cross-chain giant, officially announced a deep integration with the Sui mainnet. Now, any project can use Axelar's Inter-Token Service (ITS) to transfer native assets to the Sui chain with one click, just like sending a WeChat red envelope—users won't even feel they are crossing chains; it's as smooth as playing a single-player game!
Why is this integration considered a game changer?
1. DeFi players are ecstatic: Seamless "chain" connection
Previously, cross-chain operations required bridging, exchanging, and waiting for confirmations; now, with ITS service, mainstream assets like BTC/ETH can be instantly converted into Sui native tokens. Coupled with Sui's parallel processing technology, transaction speed is maximized, eliminating worries about MEV bots front-running!
2. 1.4 million daily active users + 11 billion in transaction volume
This integration comes at the perfect time—recently, the average daily active addresses on the Sui chain soared to 1.4 million, with the transaction volume exceeding 11 billion USD in 30 days. In the ecosystem, Scallop's lending TVL broke 200 million, and Bluefin's derivatives trading volume topped the charts, making it a definite "popular public chain."
3. Axelar's hidden buff
As a cross-chain veteran connected to over 60 chains, Axelar comes with a decentralized sorter and batch trading technology, effectively halving cross-chain costs. Even cooler, its oracle network can provide pricing for BTCfi projects on Sui, like Lombard's Bitcoin staking token LBTC, which took off thanks to this!