Liquid staking network Stride adopts Cosmos Hub's Interchain Security
Stride, the largest liquid staking provider in the Cosmos ecosystem, will adopt Interchain Security.
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Stride, the largest liquid staking provider in the Cosmos ecosystem, will adopt Interchain Security.
Cosmos (ATOM) has solidified its position among the top 25 digital assets, currently being traded at a value of $9.31.
Cosmos Stride, the eco-liquidity staking protocol, has announced its plans to transition from the existing Stride token model (STRD) to the Cosmos Interchain Security (ICS) system, which is backed by the ATOM token.
In the ever-evolving world of cryptocurrencies, Cosmos Hub, also known as ATOM, has recently experienced a modest price adjustment. Over the past 24 hours, ATOM has witnessed a slight decline of 4.15%, with the current trading price settling at $9.71.
Cosmos (ATOM), a prominent cryptocurrency, is currently experiencing a price correction amidst market volatility. The price of ATOM stands at $9.86, with a 24-hour trading volume of $119,071,968.
ATOM could see its recent gains completely wiped off, if the $8.98 support level fails to hold.
To bridge the gap between Cosmos and Polkadot, Centauri has been launched to improve interoperability between the two networks.
Supercharged Liquidity will allow Osmosis liquidity providers (LPs) to concentrate their capital on specific price ranges.
Kava blockchain will facilitate USDT's launch on interchain. This development will not only make it easier for DeFi users to transfer funds from one chain to another, but also make it more cost efficient.
USDT on Kava will boost liquidity on the Cosmos ecosystem and help it build stronger muscles for the DeFi industry.
Japan, known for its technological advancements and progressive regulatory environment, is making significant strides in the cryptocurrency landscape. In a groundbreaking partnership, the country's largest banks have joined forces to bring stablecoins to the Cosmos ecosystem.
TOKI, a cross-chain bridge provider and partner of Progmat, will be working with Noble, a token issuance protocol, to bring fully collateralized Japanese stablecoins to the Cosmos ecosystem.
The rejection from $10 for Cosmos combined with Bitcoin's reluctance to climb back above $30.8k suggested that bulls could lose their grip on the market upon a price drop below $9.1.
The DEX said users can now trade bitcoin and ethereum on the public testnet.
Based on the latest data, we see that crypto Cosmos (ATOM) is trying to recover the psychological level of $10. However, some fundamental and technical indicators are not aligned, raising doubts about its ability to break above $10 in the short term.
Cosmos' uptrend was solid, but it approached a key bearish area which could derail bulls from crossing $10.
Monero continued to climb during Monday's session, as the token surged to its highest point since February. The move comes as the global crypto market cap was marginally higher on the first working day of June. Cosmos also extended recent gains, hitting a one-month high in the process.
Archway is unique among the Layer 1 protocols since it focuses on rewarding developers, unlike her peers who reward validators.
Archway, a new Layer 1 blockchain in the Cosmos interoperability network, has been released on mainnet.
The Cosmos blockchain made an important announcement on 29 June. It announced that Polkadot was the latest to hop on the Interchain wagon.
Neutron, launched as a cutting-edge interchain technology, is envisioning to grow within the Cosmos ecosystem. In May, Neutron underwent an on-chain vote in favor of its launch on the Cosmos network.
Agoric, a blockchain network built on Cosmos, aims to empower developers in building DeFi applications using JavaScript. As part of its continuing development, the network is launching a minting application built on top of the Inter Protocol called Vaults.
A widely followed crypto trader thinks Litecoin (LTC), Cosmos (ATOM) and the Sandbox (SAND) are all gearing up for moves to the upside. The pseudonymous analyst Rekt Capital tells his 347,200 Twitter followers that the peer-to-peer payments network Litecoin is setting itself up for a new price phase.
CosmosHub (ATOM) and Polkadot (DOT) are two blockchain protocols that have recently witnessed a surge in development activity. While their market caps and visions differ, the competition between these protocols is heating up as they strive to emerge as dominant forces in the blockchain landscape.