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Internet of Blockchains Communications (IBC), also known as Cosmos, recently shared its 2024 roadmap, outlining its plans for the coming year. The ATOM price has been far from impressive in recent months.
Layer-2 networks are all the rage at the moment, but with user funds splintering across networks, the tech comes with its downsides.
ATOM's strong recovery from the $6.2 price zone stalled at the $7.5 price level after 18% gains in September.
Investors are getting fearful as risks to the financial market rise. The fear and greed index has retreated from the year-to-date high of over 80 to the fear zone of 34.
Bitcoin (CRYPTO: BTC) traded lower, with the cryptocurrency prices trading below the $26,700 level on Friday. Ethereum (CRYPTO: ETH) also edged lower, trading below the key $1,600 mark this morning.
ATOM fronted an impressive recovery in the last few days. But further upside hangs in the balance as BTC struggles to hold $27k.
Tashi and Swing will integrate Wormhole bridged tokens for USDC, USDT, wETH, and others, potentially making Cosmos DeFi easier to use.
DYdX has integrated with Axelar's cross-chain infrastructure for enhanced onboarding to its version 4 that includes an appchain model.
In an era where blockchain integration is more than a luxury—it's a necessity, Injective steps up to the plate with a groundbreaking innovation. The company has recently unleashed its inEVM platform, designed as a masterstroke to bridge the once disparate worlds of Solana, Cosmos, and Ethereum.
Cosmos recently posted its 2024 roadmap, highlighting its plans for the coming year. Concurrently, ATOM's price action turns bullish.
ATOM buyers claim the $7 price level, signaling their long-term bullish intent.
Injective has introduced the first-ever Ethereum Virtual Machine (EVM) that has the capability of achieving true composability across Cosmos and Solana. The newly launched product is dubbed inEVM.
Injective Labs, the developer of layer 1 blockchain Injective, has introduced inEVM, a new scaling layer for Ethereum composability. inEVM, developed in collaboration with Sequoia-backed L2 rollup Caldera, will work across the Cosmos and Solana blockchains, the platform said in an announcement.
BNB Chain's opBNB deploys on mainnet, while Synapse's layer-2 chain based on the OP Stack launches — check out the latest DeFi news in our weekly roundup.
More altcoins in the digital currency ecosystem are paving their way to retest new price momentums as the broader market appears to be on a mild bullish ride. Cosmos (ATOM) is one of the coins with the most emphatic growth outlook at this time, after hitting 4.24% growth in the past 24 hours.
Lido Finance has established its roots in the liquid staking sector of DeFi, with its LDO/USD token having a market cap of $13.8 billion.
In a significant move towards enhancing cross-chain interoperability, Neutron (CRYPTO: NTRN) and Axelar (CRYPTO: AXL) have teamed up to introduce Lido's wrapped liquid-staked ETH (CRYPTO: wstETH) to the Cosmos (CRYPTO: ATOM) platform. This initiative is expected to bolster the expansion of wstETH and other assets within the Cosmos ecosystem.
Cosmos (ATOM) Hub has completed its v12 upgrade, introducing the Liquid Staking Module (LSM) to bypass the 21-day unbonding period for unstaking assets. This innovation aims to enhance the ATOM Economic Zone and integrate staked ATOM into the Cosmos decentralized finance ecosystem.
Lido has selected Neutron and Axelar to launch its wrapped liquid staked ether (wstETH) token into the Cosmos ecosystem.
Lido is the leading provider of liquid-staking solutions and its staking token, stETH, has a $13.8 billion market capitalization.
Lido, the liquid staking protocol, will bring its wrapped liquid-staked ETH (wstETH) to the Cosmos ecosystem in a partnership with Axelar and Neutron.
Polygon's QuickSwap intends to serve as a bridge to Cosmos with a newly launched perpetual DEX.
The upgrade introduces a liquid staking module, eliminating a 21-day locking period applied for unstaked ATOM tokens.
"Users can now directly liquid-stake their already staked ATOM without waiting for the unbonding period," the Cosmos team said.
