Optimism + Axelar Bridge Analysis

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    Axelar's focus on interoperability aims to solve one of the biggest challenges in the blockchain and cryptocurrency space: the lack of communication and coordination between different blockchain networks. Axelar's solution to this problem is to create a decentralized network that can seamlessly connect these networks, allowing for the transfer of value and data. This is important because it allows for greater flexibility and scalability, as developers can leverage the unique features of different blockchain networks while still being able to connect them.

    Optimism's focus on scaling aims to solve another major problem in the blockchain and cryptocurrency space: the limited transaction throughput and high gas fees on the Ethereum network. By using optimistic rollups, Optimism can significantly increase the number of transactions that can be processed on the Ethereum network while also reducing the cost of those transactions. This is important because it allows for more use cases and applications to be built on top of Ethereum, one of the world's most widely used blockchain networks.

    Both Axelar and Optimism are innovative projects that are working to address important challenges in the blockchain and cryptocurrency space. By providing solutions that enable greater interoperability and scalability, they are helping to pave the way for the mainstream adoption of blockchain technology.

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    Tables:

    ethereum.core.fact_event_logs , ethereum.core.ez_eth_transfers, ethereum.core.ez_token_transfers, axelar.core.fact_transfers

    Chains: 10: This is the chain ID for the Optimism network. Ethereum: This refers to the Ethereum mainnet.

    ETH Addresses:

    0x3e4a3a4796d16c0cd582c382691998f7c06420b6: This is the address of the Hop bridge contract on the Optimism network.

    0x3d4cc8a61c7528fd86c55cfe061a78dcba48edd1: This is another Hop bridge contract on the Optimism network.

    0x22b1cbb8d98a01a3b71d034bb899775a76eb1cc2: This is a bridge contract on the Optimism network used for transfers to the Arbitrum network.

    0xb8901acb165ed027e32754e0ffe830802919727f: This is another bridge contract on the Optimism network.

    0x3666f603Cc164936C1b87e207F36BEBa4AC5f18a: This is the address of the Optimism gateway contract used for withdrawing assets from the network.

    0x99C9fc46f92E8a1c0deC1b1747d010903E884bE1: This address is used for depositing and withdrawing assets on the Optimism network.

    0x2d5d7d31F671F86C782533cc367F14109a082712: This address is used for receiving assets on the Optimism network.