✖️Axelar’s 61% 24-hour surge aligns with renewed interest in its cross-chain bridge for SUI, technical breakout signals, and broader altcoin momentum.
1. SUI integration catalyst – Axelar’s May 8 bridge launch enabled SUI’s multichain expansion, driving demand.
2. Technical breakout – Price cleared key Fibonacci resistance, with bullish MACD and RSI momentum.
3. Altcoin season tailwinds – Greed-driven market (F&G 64) favours high-beta tokens like $AXL .
