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Sui Leaps Into Cross-Chain Future With Axelar Integration—Just as Token Pumps 20%

Sui Leaps Into Cross-Chain Future With Axelar Integration—Just as Token Pumps 20%

Published:
2025-05-09 06:05:12
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Sui’s blockchain just got a passport to the interchain universe. The Move-based network plugged into Axelar’s interoperability layer today, letting developers bridge assets and data across 50+ chains—conveniently timed with SUI’s 7-day rally.

Why this matters: Cross-chain is table stakes now. With competitors like Aptos and Solana racing to connect ecosystems, Sui needed this play to stay relevant. Axelar’s generalized messaging gives it an edge over clunky asset bridges.

The cynical take: Nothing pumps a token like a ’strategic partnership’ press release during a bull market. Traders will chase the narrative—until the next shiny integration drops.

Sui integrates Axelar Network for cross-chain interoperability amid short-term price rally - 1

SUI price analysis. Credit: crypto.news

However, SUI is trading comfortably above all of the major moving averages in the 10–200 day range, which continue to support a bullish trend. The MACD remains in positive territory while other momentum indicators, such as the Stochastic RSI, display neutral signals.

The uptrend might continue if SUI can stay above the $3.70 support level. A decisive MOVE above the recent high could open the door to new levels around $4.40. On the flip side, a failure to maintain current levels might trigger a retest of the $3.30 zone, where several moving averages converge.

As fundamentals continue to solidify following expanding partnerships and integrations, Sui’s technical setup currently points to a healthy consolidation phase rather than a breakdown.

|Square

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