Cosmos Research Hub | ATOM information, history and analysis

Cosmos unveiled Eureka, an upgrade to its IBC protocol that now connects Ethereum, increasing its interoperability capabilities. This change allows seamless integration of Cosmos applications with Ethereum, providing access to a broader user base.

With the Eureka upgrade, developers are empowered to build multichain applications without the fragmentation caused by traditional interoperability methods, ensuring smoother user experiences across various blockchain ecosystems.

ATOM crypto saw a 6% rise within a day, successfully breaking a declining trendline. Staying above the critical resistance level at 5 USD is essential for further upward momentum.

The MACD indicator shows weak bullish momentum, indicating a potential stabilization phase in the market. Should ATOM establish positions above 5 USD, further price rallies may occur.

Significant liquidation concentrations are noted near 4.87 USD and 5 USD. Maintaining prices above these levels is crucial to avoid bearish market reactions.

Cosmos ($ATOM) surged by 10%, reaching 4.86 USD after eToro’s announcement of staking integration. Despite this, ATOM’s performance remains disappointing, down 57.3% in the year, compared to other cryptocurrencies.

Cosmos aims to become the ‘Internet of Blockchains’, focusing on interoperable applications. Recent advancements include the open-sourcing of Evmos, expanding compatibility across Ethereum-based appchains within the Cosmos ecosystem.

Ongoing security worries have arisen due to possible ties to the Lazarus Group, affecting investor confidence. Informal Systems has proposed audits to enhance governance and tackle issues in the Liquid Staking Module.

Nubank has recently expanded its cryptocurrency services by adding four altcoins: Cardano (ADA), Near Protocol (NEAR), Cosmos (ATOM), and Algorand (ALGO). This decision is part of its strategy to cater to the growing demand for digital assets.

The bank’s revenue growth has been extraordinary, climbing to nearly 3 billion USD in 2024, reflecting an increase of 1,124% compared to previous years. This rapid expansion aligns with the overall growth of the Brazilian economy and interest in cryptocurrency.

ATOM’s recent price action shows a potential recovery as it closely approached the 0.618 Fibonacci level, indicating strong support. The TD Sequential indicator also provided a buy signal on weekly charts, suggesting that selling pressure has decreased.

With EMA crossovers signaling an increase in upward momentum and market liquidations showing lower selling pressure, ATOM’s indicators indicate a shift towards a bullish trend. Bollinger Bands further confirm possible price rebounds, favoring a potential breakout.

In 2025, the Cosmos ecosystem aims to create a developer-friendly platform guided by the ICF and Interchain Labs. It seeks to address challenges like scalability, programmability, and user experience in blockchain technology.

Cosmos Hub will receive essential updates, such as integrating Cosmos SDK V2 and EVM solutions for Ethereum compatibility. These improvements aim to enhance the user experience by boosting security and reducing block times.

Cosmos is expanding its team and inviting developers and blockchain enthusiasts to participate. This initiative emphasizes cutting-edge tools and privacy features, paving the way for a decentralized future.

Ethereum’s growth outlook remains strong: Ethereum trades between 3,600 USD and 4,100 USD, with a notable 26% rise over the month. Key resistance levels are at 4,300 USD and 4,800 USD, while support lies near 3,340 USD and 2,850 USD for potential upward movements.

Solana and ATOM show recovery potential: Cosmos recently increased by 65.62%, now priced at 7.53 USD to 10.40 USD. Solana is fluctuating from 205 USD to 239 USD, suggesting oversold conditions, with possible recovery if buying pressure mounts.

Fantom (FTM) is the top gainer: Fantom (FTM) stands out today, leading the market with impressive growth. Its strong performance on December 14, 2024, highlights investor confidence, making it a focal point for those seeking new opportunities in cryptocurrency investments.

Significant rises for Algorand and DEXE: Both Algorand (ALGO) and DEXE (DEXE) have demonstrated noteworthy increases. Such upward trends in their market values reflect changing sentiments, positioning them as attractive options for investors looking for robust returns in the current landscape.

Icf acquires skip: The Interchain Foundation (ICF) has strategically acquired Skip, aiming to bolster the Cosmos ecosystem. Post-acquisition, Skip will be rebranded as Interchain Inc., focusing on enhancing the Interchain Stack and infrastructure that secures blockchain networks worth over 50 billion USD.

Leadership transition: Barry Plunkett and Maghnus Mareneck will lead Interchain Inc., focusing on expanding interchain-native businesses. Their mission includes integrating native virtual machines, such as EVM, improving Rust-based tools, and decreasing consensus block times, thus fostering developer engagement and liquidity within Cosmos.

Vision for Cosmos hub: ICF President Josh Cincinnati and other leaders highlight Skip’s role in Cosmos development. The transition aims to improve user experience and accelerate technical advancements. The leadership sees the acquisition as crucial for a unified direction, supporting both Cosmos Hub blockchain and its currency, ATOM.

Cosmos gains 130% near resistance: Cosmos (atom) has experienced a tremendous surge, increasing over 130% recently. currently trading between 7.93 USD and 9.48 USD, it approaches critical resistance levels of 10 USD and 11.59 USD. positive macd and sma indicators support this bullish trend, although caution is advised due to potential selling pressure.

Litecoin and Cardano’s significant growth: Litecoin (LTC) doubled in value in a month, trading from 97.78 USD to 131.92 USD, targeting a 144 USD resistance. Cardano (ADA) skyrocketed by 248%, fluctuating between 0.96 USD and 1.25 USD, with investors aiming for a 1.35 USD resistance. both cryptocurrencies have bullish momentum signs.