Cosmos does not die, but contracts. The departure of the teams is the price for abandoning dispersal and old mistakes.
ATOM
--
--
Post
$ATOM
{spot}(ATOMUSDT)
Cosmos Under Fire: The Ecosystem is Contracting, ATOM is Being Prepared for a Reboot
The Cosmos ecosystem is going through a painful stage. Over the past few months, dozens of teams have left it, and ATOM is trading at nearly -90% from its all-time high. The market is increasingly echoing the thesis that Cosmos 'hasn't taken off'.
Key Blow
The most sensitive departure is Noble, an infrastructure project through which USDC was issued in Cosmos. Noble has decided to build its own EVM network. Meanwhile, the ecosystem has also seen the departure or reduction in activity of Penumbra, Evmos, Comdex, Kujira, Jackal, and several other teams.
What is Changing
Cosmos is effectively acknowledging the mistakes of past years and is pivoting its strategy:
— a new tokenomics model for ATOM is being prepared with reduced inflation and a stricter connection between network usage and token value;
— the focus is shifting from 'everything at once' to institutional cases and infrastructure, rather than retail DEX and experimental DeFi;
— Cosmos Hub aims to become the foundational layer for serious financial applications rather than a universal sandbox.
Conclusion
Cosmos is entering a phase of painful but logical reboot. The ecosystem is contracting, weak and unconnected elements are leaving, and the hub is trying to redefine why ATOM is needed.
{spot}(ATOMUSDT)
Cosmos Under Fire: The Ecosystem is Contracting, ATOM is Being Prepared for a Reboot
The Cosmos ecosystem is going through a painful stage. Over the past few months, dozens of teams have left it, and ATOM is trading at nearly -90% from its all-time high. The market is increasingly echoing the thesis that Cosmos 'hasn't taken off'.
Key Blow
The most sensitive departure is Noble, an infrastructure project through which USDC was issued in Cosmos. Noble has decided to build its own EVM network. Meanwhile, the ecosystem has also seen the departure or reduction in activity of Penumbra, Evmos, Comdex, Kujira, Jackal, and several other teams.
What is Changing
Cosmos is effectively acknowledging the mistakes of past years and is pivoting its strategy:
— a new tokenomics model for ATOM is being prepared with reduced inflation and a stricter connection between network usage and token value;
— the focus is shifting from 'everything at once' to institutional cases and infrastructure, rather than retail DEX and experimental DeFi;
— Cosmos Hub aims to become the foundational layer for serious financial applications rather than a universal sandbox.
Conclusion
Cosmos is entering a phase of painful but logical reboot. The ecosystem is contracting, weak and unconnected elements are leaving, and the hub is trying to redefine why ATOM is needed.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.