Cosmos (ATOM): Price Updates, Recent Developments, Future Events, Community
- The Internet of Blockchains — Cosmos — has been a standout performer boosted by its recent developments
- Already supporting 28 chains, Cosmos plans to integrate up to 200 chains into its ecosystem in 2022
Cosmos has announced the much anticipated Theta Upgrade, which will introduce interchain accounts and NFT modules to the ecosystem
- It will also bring liquidity staking to the network, allowing users to utilize the value of staked assets in other parts of the Cosmos ecosystem
Cosmos (ATOM) is one of the projects that started 2022 on the right track thanks to its facilitation of communication between separate networks. As a result, it is already one of the most talked-about crypto projects a week into the new year.
Presented as “the internet of blockchains” to facilitate the development of an interconnected decentralized economy, Cosmos has seen explosive growth at the start of 2022. So, how has Cosmos fared in the market recently?
While the crypto market has struggled for gains, Cosmos (ATOM) has been on a steady uptrend, closing in on its September all-time high. Over the last 24 hours, ATOM has climbed by 9%, the only top 30 crypto in the green today.
The 24-hour price chart of Cosmos (ATOM). Source: Tradingview
The steady rise of ATOM means in the last 30 days, the coin has gained approximately 90%. ATOM now trades at $40.220 and is now ranked as the 25th largest crypto with a market cap of $1.908 billion.
The 30-day price chart of Cosmos (ATOM). Source: Tradingview
Cosmos has seen some of the biggest growth across the cryptoverse in 2022, and for the right reasons too.
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