Cardano is planning to connect with the Cosmos ecosystem. ATOM’s on-chain metrics were supportive of a continued surge. Cosmos [ATOM] managed to register gains on its weekly charts by increasing its price by more than 2%. According to CoinMarketCap, at the time of writing, it was trading at $13.71 with a market capitalization of over […]
with Cardano’s sidechains project team, to fully integrate the purpose-built World Mobile Chain using Tendermint as a Cardano sidechain.
The joint objective of this technology initiative is to connect the public mainnet of Cardano with a permissioned solution created using the Cosmos SDK. With this new initiative, new possibilities will open up for interoperability between the Cosmos and Cardano ecosystems.’s on-chain metrics revealed that the above-mentioned development can further help the token go up on the charts.
Negative sentiments around ATOM decreased in the last few days. Cosmos remained in demand in the futures market as its Binance funding rate was consistently up. Moreover, the token’s development activity went up over the last week, which looked like a promising sign as it reflected the increased efforts of the developers in improving the network.
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