Biggest Movers: ATOM Drops for Fourth Straight Session, Hitting 1-Week Low

Cosmos was trading lower for a fourth consecutive session on Monday, as prices approached a one-week low. Decentraland was also trading close to a one-week low on Monday, as the global cryptocurrency market fell by over 3% as of writing.

Timeline of Cosmos

Moonbeam has integrated with Axelar and Osmosis to enable the transfer of tokens between the Polkadot and Cosmos ecosystems. The post Moonbeam now lets you swap tokens between Polkadot and Cosmos appeared first on The Block.

How Uniglo (GLO) burns its tokens is a crucial point of differentiation that might provide it an edge over both Cosmos Hub (ATOM) and OKB (OKB). Through acquiring and burning GLO tokens, a part of the fees received by the Uniglo under this arrangement is used to reduce the overall supply.

  They say that generational wealth can be made in the bear market, and that's true. This is one of the best times for investors to track down better profitable investments while most try to get the best buys.

As part of SubQuery's initiative to support all native layers of the Cosmos ecosystem, SubQuery is pleased to announce support for Fetch-ai Network (an interchain protocol, based on the Cosmos-SDK).

Quick Take In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and funding Modern blockchains are becoming progressively more modular over time, with the Ethereum merge representing one of the largest efforts to change the architecture of a blockchain to date Major upgrades that are beginning to roll out stand to change the way users interact with the Solana and Cosmos ecosystems

SubQuery is excited to offer Fetch-ai Network (an interchain protocol based on the Cosmos-SDK) as part of its goal to help all native layers of the Cosmos ecosystem. Thanks to the Fetch-ai network, which is creating an open access smart infrastructure for a decentralized digital economy, it will be possible to construct a Smart infrastructure.

Cosmos' native crypto, ATOM is currently trading within its May support level. This is of significance because the altcoin broke below the same level ($9.2) in the first half of June and has been struggling to reclaim this level since then.

ATOM and DOT were trading in a sideways trend on Saturday, as crypto markets were mainly in consolidation mode to start the weekend. The majority of the cryptocurrency top 100 was marginally lower, as traders seemingly consolidated their gains from this week's action.

Cosmos [ATOM] bulls have finally made a substantial appearance after a three-month hiatus. This appearance comes as a welcome relief from the bearish onslaught that has gone on for what seems like an eternity.

Quick Take In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and funding Liquid-staking derivatives are set to arrive in the Cosmos ecosystem, adding to the continued growth of this class of DeFi protocols over the past year Exploits continue to plague protocols throughout L1 ecosystems. On Solana, MEV attacks are becoming a growing concern