Cosmos news

Cosmos Labs is issuing an RFP to external economists to redesign ATOM tokenomics, aiming for a revenue‑driven model that monetizes on‑chain and off‑chain usage as ATOM price slumps. The redesign would replace the Interchain Security model, which failed to find product‑market fit, with consumption‑based fees tied to usage. The proposal must be approved by the Cosmos Hub DAO, which has historically resisted centralization; a narrow 3% inflation reduction vote triggered a sharp stake withdrawal, underscoring political sensitivity. ATOM has fallen nearly 76% this year to about $2.1, despite broader adoption of the Cosmos SDK.

The Black Friday crash on Oct 10 hit Cosmos (ATOM), IoTeX (IOTX) and Enjin (ENJ) hardest. ATOM briefly fell to near‑zero due to a tick glitch, but traded down 32 % from $4.19 to $2.99. IOTX slid 25 % from $0.024 to $0.018 after a false zero print. ENJ plunged 67 % to $0.021, then rallied to $0.048.

ATOM surged 8% to $4.84 on heavy volume, breaking the $4.78 resistance and peaking at $4.85 before consolidating near $4.83. Institutional buying drove volume spikes—24,467 units at 10:20, 47,638 at 10:44, and 59,892 at 10:48—while support held at $4.65 and a potential $4.90–$5.00 target emerged, amid a dip in Bitcoin dominance giving altcoins relative strength.

ATOM traded in a tight range of $4.47–$4.65 over the last 24 hours, driven by institutional flows. Heavy selling pushed the token to $4.45 on Aug. 11, followed by a buying surge on Aug. 12 with volumes reaching 1.93 million tokens. Resistance held at $4.60, while support near $4.48 formed a firm accumulation zone. Coinbase's listing of dYdX (COSMOSDYDX) boosted Cosmos sentiment, and analysts see upside potential to $5.48 by 2025 as institutional interest grows.

ATOM surged 6.20% during a 23‑hour session, reaching a high of $4.77 and falling to $4.48. The token rallied early on August 11, climbing to $4.75 at 02:00 with 1.465 million units traded, establishing support near $4.69. Heavy selling at 07:00 pushed ATOM to $4.48 on 1.984 million units, creating resistance around $4.71 as institutional selling intensified. In its final hour, ATOM rebounded 1.68%, moving from $4.49 to $4.56 as buyers overcame resistance at $4.50 and $4.53. A spike of 60,000 units between 13:46 and 13:47 helped set a new support level at $4.54, hinting at renewed institutional interest. Coinbase’s announcement of dYdX support on the Cosmos blockchain boosted market sentiment, underscoring growing exchange integration and potentially influencing ATOM’s short‑term price action. The volatility reflects a tug‑of‑war between profit‑taking and opportunistic buying at key technical levels.

ATOM surged 4% to $4.55 on Aug 8, breaking resistance amid a 2.19 million‑unit volume spike tied to Coinbase’s dYdX support on Cosmos. Institutional buying drove the rally, but it collapsed in the final hour, falling back to $4.56 after a sharp sell‑off when $4.58 support was breached. The reversal left $4.58–$4.60 as new resistance. Traders now see $4.55 as key support while monitoring whether renewed buying can reclaim upward momentum amid broader Bitcoin resistance and alt‑coin rotation.

ATOM surged 3.4% in 23 hours, rising from $4.26 to $4.41 as volume spiked to over 1.6 million units and it broke the $4.34 resistance. Technical indicators show higher lows and strong bullish momentum, with a new resistance at $4.43 and support near $4.29. The rally aligns with Coinbase adding the Cosmos‑based dYdX token to its roadmap and announcing native dYdX support, while the broader Cosmos ecosystem sees volume surges and other tokens like CRO jump 76% amid ETF speculation. Market rotation toward decentralized alternatives is driven by trade tensions and monetary uncertainty.

ATOM surged back after a sharp drop, climbing from $4.133 to $4.235 within a few hours on August 6. The rally was supported by a spike in trading volume, reaching 1,046,473 units (≈$4.38 m) against a 24‑hour average of 708,926, and by institutional interest when Coinbase added Cosmos‑based dYdX to its roadmap. Buyers held key support at $4.149, pushing the price above the $4.20 resistance by 14:02 UTC. The move suggests growing confidence in Cosmos’s ecosystem amid broader market volatility, with volume and technical indicators pointing to continued momentum.

ATOM recovered 3% to $4.30 after a dip to $4.18, backed by institutional volume spikes between 13:32 and 13:48 UTC. The rally fits a 24‑hour swing of $4.18‑$4.34 amid macro uncertainty; support at $4.18‑$4.19 and resistance near $4.33‑$4.34, with consolidation around $4.27‑$4.29 signalling a potential breakout.

ATOM dropped 4.51% to $4.66 on July 29 amid failed recovery attempts, as the Cosmos ecosystem reaches 100 live chains, XRP integration via Cosmos SDK and IBC progresses, and ShadeX launches as Cosmos’ first encrypted money market. Technical analysis shows resistance at $4.95, support around $4.56, and 7.58% intraday volatility. Trading volume peaked at 1.89M units, while a 1.87% single‑minute drop set a session support at $4.63, leaving the market bearish in the short term.