ATOM rallies 100% in a week: What’s behind the rerating of Cosmos?

ATOM rallies 100% in a week: What’s behind the rerating of Cosmos?

ATOM, the native token of the Cosmos blockchain, has ralled strongly in the past week for several fundamental reasons. ATOM, the native cryptocurrency of the Cosmos blockchain protocol, has rallied by over 100% in the past week. Analysts are attributing the rally of ATOM to two major fundamental factors. First, in recent weeks, layer one blockchain protocols, like Avalanche (AVAX) and Polkadot (DOT) have gone through a major rerating. Second, the utility of ATOM that enables holders of the cryptocurrency to earn through swap, gas, and transaction fees could make it more compelling for....


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