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Axelar (AXL) is a decentralized network that facilitates cross-chain communication and interoperability between various blockchain ecosystems. By providing a secure and efficient way for different blockchains to interact, Axelar aims to enhance the utility of decentralized applications (dApps) and improve the overall user experience in the crypto space.
Chainlink (LINK) is a decentralized oracle network that aims to connect smart contracts with real-world data. It enables blockchains to securely interact with external data sources, APIs, and payment systems, thereby enhancing the functionality and applicability of smart contracts.