Sui Integrates Axelar for Cross-Chain Interoperability, Fueling Price Rally

Sui has partnered with the Axelar Network to enhance cross-chain interoperability and unlock liquidity across leading blockchain networks. This integration, announced on May 8th by both Sui and Axelar, marks a significant milestone for developers seeking scalable and secure deployments within multiple chains. The partnership utilizes Axelar’s Interchain Token Service (ITS) allowing developers to deploy smart contracts once and access users across various networks using routers like Squid and wallets such as Backpack and SlushWallet. )