Is Standard electrode potential a measure of overall change in sublimation enthalpy, ionisation enthalpy and hydration enthalpy?

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Standard electrode potential of d-block elements - definition. The electrode potential is a measure of the total enthalpy change, when a solid metal, M is brought into aqueous medium in the form of M+(aq). The total enthalpy change depends on sublimation energy, ionization energy and hydration energy of the metal.