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3 reasons why Cosmos (ATOM) price is near a new all-time high

Published 01/05/2022, 06:05 PM
Updated 01/05/2022, 08:20 PM

Blockchain network interoperability is shaping up to be one of the main themes for the cryptocurrency ecosystem in 2022. New users are continuing to onboard into the growing world of crypto while both new and established projects search for the chain that will best serve the needs of their protocol and community.

One project that has 2022 off to a bullish start thanks to its focus on facilitating the communication between separate networks is Cosmos (ATOM). This project bills itself as “the internet of blockchains” and seeks to facilitate the development of an interconnected decentralized economy.

ATOM/USDT 1-day chart. Source: TradingView
VORTECS™ Score (green) vs. ATOM price. Source: Cointelegraph Markets Pro

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