Buy Cosmos (ATOM): value and market performance

Cosmos (ATOM): price performance

ATOM has no maximum supply and has reached an ATH (All Time High) of $44.7. For those interested in purchasing cryptocurrency and supporting an innovative ecosystem of interoperable blockchains, Cosmos (ATOM) represents a promising choice.

What is the price of ATOM today? Go to ATOM-EUR Converter

Why buy Cosmos (ATOM)?

Are you considering buying Cosmos (ATOM), the token for a blockchain protocol known as the “internet of blockchains” or Blockchain 3.0? Cosmos is one of the most advanced Web3 ecosystems, designed to solve key industry issues like scalability and interoperability. With its unique architecture, Cosmos enables blockchains to connect and communicate, providing a breakthrough solution for decentralised projects and developers.

Benefits of the Cosmos Ecosystem

Projects on Cosmos benefit from network advantages like speed and low costs. At the same time, developers enjoy the streamlined app development enabled by the Cosmos SDK (Software Development Kit), which facilitates the creation of decentralised applications with ease. Cosmos’ modular structure acts as a blockchain aggregator and supports major Web3 projects, including:

• Cronos (Crypto.com)
• Osmosis
• Thorchain
• dYdX

Cosmos previously hosted the prominent Terra (LUNA) project, which dominated the ecosystem, controlling 80% of the total locked value (TVL) until its collapse. However, Cosmos was not responsible for Terra’s failure, as it simply provided the underlying infrastructure for various projects, many of which continue to operate successfully on the platform. Notable projects like Osmosis and dYdX have used Cosmos for years without issues.

What makes Cosmos (ATOM) unique?

Buying ATOM may appeal to those who want to support a blockchain ecosystem that has been running smoothly since 2019. Cosmos provides a reliable platform for building scalable and secure Web3 projects and continuously innovates with significant technical updates. Recently, Cosmos introduced version 0.50 of its SDK, which adds features for improved security and flexibility. Cosmos also launched the Covenant V1 system, allowing Cosmos Hub governance to manage Protocol-Owned Liquidity (POL) without intermediaries directly.

Buy ATOM and earn rewards by staking

Staking ATOM on Young Platform is an easy and accessible way to earn new crypto without selling or trading your ATOM. On Young Platform, Liquid Staking offers staking with the provider Lido. With a minimum deposit of just 0.02 ATOM, you can activate staking and receive daily rewards. The newly earned ATOM is automatically staked thanks to compound interest, which exponentially increases your returns. Plus, if you’re a member of the Young Platform Club, you’ll receive additional bonuses in YNG tokens alongside the standard ATOM rewards.

Cosmos (ATOM): how it works

Cosmos is a modular ecosystem of interoperable blockchains where each decentralised application runs on its network. This structure allows Cosmos to surpass traditional blockchain limitations, providing enhanced speed and interoperability.

Tendermint is Cosmos’ native framework, which integrates the consensus mechanism developed by Jae Kwon and Ethan Buchman in 2014. The software was officially launched in 2019, and Cosmos also collaborated with the Interchain Foundation (ICF), a Swiss non-profit organisation that has supported the project since its ICO. Recently, Cosmos released a new white paper redefining the role of the Cosmos Hub as the security centre for its interchain. This document introduces a new issuance model for the ATOM token, making it a more representative asset for the Cosmos family of blockchains aimed at resolving the identity challenge of the Cosmos Hub.