$ATOM

As of the latest pricing data, **ATOM is trading around approximately $2.39 USD with a market cap near $1.17 billion and a circulating supply of about 489 million tokens**. The 24-hour trading volume sits around **$47 million**, reflecting moderate market participation relative to its size. Year-to-date performance shows ATOM remains far below its all-time high near **$44.70**, representing a drawdown of over **-94 % from peak levels**. From a **technical perspective**, recent analyses place **immediate support levels near $2.27–$2.45 and resistance bands around $2.60–$2.80**, with a psychological threshold near **$3.00**. ATOM’s **RSI and price indicators generally lie in neutral to slightly bearish territory**, suggesting limited momentum and a possible range-bound environment unless breakout volume emerges. Pressures below key moving averages could weigh on near-term direction, though support zones could seed potential rebounds. On-chain fundamentals add context: **staking activity has reportedly grown, with millions of ATOM tokens actively staked and staking APR levels having been elevated in past periods (reaching double-digit percentages in earlier reports)**, even as inflation and supply dynamics continue to influence valuation models. Higher concentrations of stake among large holders could impact liquidity and volatility. **In summary:** ATOM’s current price around ~$2.39 reflects a significant discount from historical highs but also consolidates around technical support levels. Key resistance levels near ~$2.60–$2.80 and broader market sentiment will likely influence whether ATOM can regain upside momentum, while on-chain staking incentives support long-term network engagement despite inflationary token issuance.