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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.
Terra Classic (LUNC) is a decentralized cryptocurrency that emerged from the original Terra blockchain ecosystem, aiming to provide a stable and scalable platform for decentralized finance (DeFi) applications. It utilizes a unique algorithmic stablecoin mechanism, which allows it to maintain price stability while facilitating transactions across various platforms.