New On Boards For ATOM And Other Achievements Although ATOM’s market performance leaves much to be desired, Cosmos Hub continues to move within the crypto community, bringing in value from across the space. Lava Network, a blockchain infrastructure platform, recently launched its mainnet while garnering a total of 50 billion network requests from its supported chains.
This shows the token’s precarious position in the short term as bearishness still lingers on the market. Related Reading: Bloody Monday: Cardano Not Spared From Bloodbath, Suffers 30% Loss ATOM’s minute gain can be attributed to the market’s recent jump and the most recent developments on-chain, both of which are not enough to capture any significant value in the short term.
This thread presents a brief overview of their… pic.twitter.com/3pEU24kULr — Everstake (@everstake_pool) August 1, 2024 On Celestia, the year-to-date active addresses jumped by a significant figure – from 308.7k to 845.7k which accounts for over 69% staking ratio, the highest in the Cosmos network. Injective also saw some growth after implementing gas compression, a feature that significantly decreases transaction fees, during the start of the year.
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