🚨 Emergency Alert: USDC issuer Circle acquires the core team of Axelar! AXL holders face significant uncertainty?🔍
Circle announced it will acquire the development team of Axelar Network, Interop Labs. The core controversy of this deal is that the acquisition targets company equity, not the AXL tokens themselves. This means that the economic interests of the development team may no longer fully align with those of the token holders.
In simple terms, the future development direction and resource allocation of the Axelar Network will prioritize the strategy of Circle (and its USDC ecosystem), rather than the price of AXL tokens. Community governance and the ability to capture token value may be weakened.
The market interpreted this immediately as bearish, and short-term selling pressure should be monitored. In the long term, Axelar has gained top-tier capital and ecosystem support, but the role of token holders has become ambiguous.
💡 Key Insight: This is a typical case of "company acquired, token left behind." Closely observe how Circle integrates Axelar going forward, and whether it will make any value-empowering commitments to AXL tokens. Until clarity is established, proceed with caution.
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