Alloyed Bitcoin liquidity has witnessed a significant increase, currently holding more than $13 million in deep liquidity on the innovative DEX platform, Osmosis Zone.
This surge highlights increasing engagement from individual and institutional investors and indicates the substantial role that Osmosis is playing in providing Bitcoin DeFi solutions.
The Role That Osmosis Zone Plays Despite Bitcoin being the largest digital asset, it remains significantly unlinked from DeFi. Without an efficient multi-chain liquidity or a native DEX, Bitcoin holders, in many cases, encounter slow, expensive transactions and difficulties when moving between networks.
Osmosis Zone is a DeFi appchain and DEX running on top of the Cosmos blockchain, designed to serve the needs of specific crypto assets. It functions as a trading and liquidity gateway for tokens on appchains without a native spot DEX, including Bitcoin (BTC), dydX (dydX), Celestia (TIA), and others.
Bitcoin Layer-2 platforms like Rootstock, Merlin, and Stacks offer their own representative versions of BTC.
Since these variations are not natively interchangeable with native Bitcoin or each other, moving them normally requires reverting them back to the main Bitcoin blockchain, which is considerably slow and costly.
Osmosis has emerged as a major cross-chain DEX platform that moves these types of tokens between networks in a decentralized way.
To address such fragmentation and interchangeability challenges, Osmosis launched Alloyed Bitcoin, a tech product that unifies numerous Bitcoin variations into one liquid asset.
Alloyed Assets: Game-Changer for DeFi The above impressive liquidity growth aligns with Osmosis’s continued functioning as a major cross-chain gateway, enabling seamless interoperability between BTC variants. It utilizes alloyed assets infrastructure, a network that combines numerous representations of Bitcoin into a single tradable asset.
The increase in alloyed Bitcoin liquidity on Osmosis indicates rapid user utility of this Alloyed Asset mechanism, indicated by surging inflows of investments into Osmosis.
This trend suggests that Osmosis products continue to mature, attracting more inflows of funds and utility, further boosting the network’s stability.
The rise in alloyed Bitcoin liquidity is a testimony to the capability of these offerings designed to solve the challenges of market fragmentation.
Alloyed assets continue to evolve, as currently they can be utilized as a risk-diversified version of tokens that are tradable in the Osmosis network.
Osmosis has witnessed persistent surges in Bitcoin trading volume and liquidity since it launched this product. The platform seeks to become a trading gateway for all BTC-related tokens by using the same linkages that link to sources to BTC itself.
AUTHOR
Nicholas Otieno is a fintech writer specializing in cryptocurrency markets. Since 2019, he has written articles to educate readers about cryptocurrency and its substantial positive impact on global prosperity. Nicholas is a Bitcoin holder, believing firmly in its fundamentals. His work has been featured in publications such as Finance Magnates, Blockchain.News, Bitcoin Magazine, Coincub, and among others. When he's not writing, Nicholas enjoys performing domestic tasks, spending time with friends, listening to music, and watching football.
PANews reported on August 21st that Osmosis has officially announced that its protocol has generated over $20 million in revenue. This revenue is used to support stakers, Bitcoin accumulation plans, and the growth of the community funding pool, driving the sustainable development of the ecosystem.
According to previous news, Osmosis plans to optimize the OSMO token economic model: increase Bitcoin reserves, achieve OSMO net deflation by the end of the year, etc.
Author: PA一线
This content is for market information only and is not investment advice.
PANews reported on August 26th that dYdX has officially released a new roadmap, with its core development company, dYdX Trading, rebranding as dYdX Labs. Over the next 90 days, dYdX plans to conduct software upgrades to support the community and achieve significant breakthroughs in performance, user experience, and token utility. These upgrades include: 1. Partner fee sharing: Partners who bring trading volume and liquidity to dYdX can earn up to 50% of protocol fees; 2. The introduction of segmented and TWAP orders; 3. Designated proposers to significantly reduce end-to-end transaction latency; 4. Improved order gateways; 5. Telegram trading functionality, enabling seamless trading between dYdX accounts on the web and Telegram, launching in September 2025; 5. Social login, supporting instant login and deposits using Google, Apple, or Passkey; 6. Front-end integration with Osmosis, enabling one-click swaps and staking between USDC and DYDX; and 7. DYDX staking to reduce transaction fees.
Osmosis, a decentralized exchange (DEX) and DeFi hub platform built on the Cosmos blockchain, today announced that over 8 million OSMO tokens have been burned and permanently removed from the circulating supply. Late last month, on October 26, 2025, the DeFi platform disclosed a token burning program aiming to decrease the circulating supply of OSMO. The protocol scheduled the first phase of 100 million tokens for burning and permanent removal over the next 30 days.
New Automated Osmosis Token Burn Mechanism: What it means Beginning on Monday, November 10, 2025, Osmosis successfully implemented a new automated burn mechanism following the completion of the final manual burn from taker fees, according to data shared by market analyst Johnny Wyles.
This means that the token burning process now happens in two stages. The first phase (manual stage) involves coordinated changes across the protocol, with collaborations between validators and node operators. The second phase (powered by an autonomous system) runs multiple enhancements to bolster efficiency and reliability, with the automated burning process remaining a continuous process, not just a one-off event.
With the new automated program in place, the daily burn rate is approximately 79,000 OSMO tokens per day, which is equivalent to a monthly burn rate of 2.37 million tokens per month, according to the metrics reported by the analyst. This further translates to an annual burn rate of 28.84 million tokens per year. While this falls short of the target mentioned above, the automated token burn initiative (with time) will efficiently decrease the total market calculation of OSMO tokens. This exercise will improve the market perception of the scarcity of OSMO tokens and build the cornerstone for the price growth.
OSMO Price Analysis and Prediction Despite the token burning program in progress, Osmosis has not experienced significant price movement. Its price, which currently stands at $0.100, has been down 2.5% and 5.5% in the last 24 hours and over the past week, respectively.
The current price of Osmosis is $0.100. With the automated process, the protocol uses network fees to repurchase and burn OSMO, as a result will create a deflationary effect on supply and boost prices in the future. This supply reduction has the potential to bolster the price of OSMO to higher levels because it decreases the availability of tokens and increases scarcity.
AUTHOR
Nicholas Otieno is a fintech writer specializing in cryptocurrency markets. Since 2019, he has written articles to educate readers about cryptocurrency and its substantial positive impact on global prosperity. Nicholas is a Bitcoin holder, believing firmly in its fundamentals. His work has been featured in publications such as Finance Magnates, Blockchain.News, Bitcoin Magazine, Coincub, and among others. When he's not writing, Nicholas enjoys performing domestic tasks, spending time with friends, listening to music, and watching football.
Anoma’s Christopher Goes warns the Cosmos ecosystem is nearing collapse as projects like Penumbra, Osmosis and Noble shut down, enter maintenance or exit entirely.
Summary
Anoma co-founder Christopher Goes says the Cosmos (ATOM) ecosystem is in serious decline and “nearing its end,” with user and market interest at historic lows. Projects like Penumbra have shut down, while Osmosis moved into maintenance mode and Noble prepares to withdraw from Cosmos and focus on other ecosystems. Goes cites high operating costs, specialized infrastructure and capital concentration on a few assets as reasons for shrinking sustainability and fading innovation in Cosmos. Christopher Goes, co-founder of Coinbase-listed cryptocurrency Anoma (XAN), said the Cosmos (ATOM) ecosystem is experiencing a serious decline and nearing its end, according to statements reported by Bitcoin Sistemi.
Anoma co-founder says Cosmos ecosystem in decline Goes stated that numerous projects within the Cosmos ecosystem have recently ceased operations or significantly reduced their scale. Several projects have shut down completely, while others have entered maintenance mode and redirected resources to alternative ecosystems, according to the report.
The statement cited specific examples including Penumbra ceasing operations, Osmosis entering maintenance mode while shifting resources elsewhere, and Noble in the process of withdrawing from the Cosmos ecosystem.
Goes indicated that user and market interest in the ecosystem has reached historically low levels, creating sustainability challenges for projects with high operational costs and specialized technology infrastructures, the report said.
The concentration of capital on specific assets and the removal of the ecosystem from priority lists contributes to uncertainty regarding Cosmos’s future, according to Goes’s assessment.
Anoma is listed on Coinbase, one of the largest cryptocurrency exchanges in the United States. The Cosmos network uses blockchain technology designed to enable interoperability between different blockchain systems.
Kepler Cheuvreux raises ASML’s European share price target from €1,460 to €1,830.
Kepler Cheuvreux has raised the target price for ASML’s European shares from €1,460 to €1,830.
4 minutes ago
Stifel: U.S. economy in "overheated expansion" as AI investment cycle outweighs consumer pressure
U.S. large diversified financial services holding company Stifel has raised its year-end S&P 500 target and rolled out a stock allocation framework for a "high-growth, high-inflation" environment. The firm lifted its year-end S&P 500 target to 7,800 points, noting the U.S. economy is entering a "running hot" state—where economic growth is strengthening alongside mounting inflationary pressure. Stifel’s models show U.S. growth momentum is picking up while inflation momentum is clearly overheating, a trend that will reshape the market’s leading sector structure in the second half of the year. Instead of traditional consumer sectors, Stifel’s top picks are investment-led cyclical industries, including banks, transportation, materials, energy, semiconductors, software and equipment. The firm adds that fixed-asset investment in AI remains on the rise: large tech firms including Amazon, Microsoft, Meta and Google are projected to combine for roughly $725 billion in total capital expenditures in 2026, some $100 billion higher than prior estimates. This means the AI investment chain is likely to continue outperforming the consumption chain squeezed by inflation. Stifel advises investors to reduce exposure to discretionary consumer, consumer staples, communication services and some financial services sectors, as these areas see weaker earnings revisions. Conversely, the firm favors cyclical value stocks and hedges with defensive value sectors such as insurance, autos, energy and banks.
4 minutes ago
Analyst: Micron's earnings boost overall market sentiment for the tech sector
Chris Strazzeri, Financial Trading Manager of Moomoo’s Australia and New Zealand branch, stated: “The targeted sell-off indicates that following a sustained, strong rally in AI-related and speculative growth stocks, investors are enforcing strict valuation discipline. This serves as a warning to the market that actual earnings levels must now rise to support the currently overvalued price-to-earnings ratio. Micron Technology’s post-market earnings results largely confirm this, and its robust performance has lifted overall market sentiment in the tech sector.”
4 minutes ago
2x Leveraged Long DRAM ETF (RAM) Records $383 Million in Trading Volume on Its First Day of Listing
According to Bitget market data, the Roundhill T-REX 2X Long DRAM Daily Target ETF (Nasdaq ticker: RAM) officially launched trading yesterday. On its first trading day, the fund recorded a total turnover of $383 million, and rose 29.47% in after-hours U.S. stock trading to hit $30.8. Note: RAM’s underlying exposure covers companies engaged in memory-related technologies, including DRAM, NAND and storage solutions, targeting active traders seeking leveraged exposure to the memory chip theme and artificial intelligence infrastructure development.
4 minutes ago
BCA Research raises its S&P 500 target to 8,100 points, with AI remaining a core variable.
BCA Research has become the latest strategy firm to raise its US stock market target, reflecting Wall Street’s growing optimism about earnings support for US equities in the second half of the year. The institution lifted its year-end S&P 500 target from 7,700 points to 8,100 points. BCA’s core view is that first-quarter corporate earnings exceeded expectations in both strength and breadth, and the US economy has re-entered an expansion phase. Similar to JPMorgan Chase, BCA believes this stock rally is not only driven by valuation expansion—earnings themselves are delivering the index’s gains. AI remains the core variable in this assessment. Large tech firms including Alphabet, Microsoft, Amazon, Meta and Oracle continue to increase capital spending on data centers and AI infrastructure, driving growth in orders for chips, servers, construction, power and related industrial chains. This provides a clearer fundamental basis for upward revisions to 2026 and 2027 earnings. The institution points out that risks exist: the earnings expansion brought by AI investments has already been quickly priced into the market. If subsequent returns on capital spending are questioned, or interest rates remain elevated, further upside for the index will require more earnings confirmation rather than relying solely on investor risk appetite.
4 minutes ago
Tom Lee: Markets have nearly priced in two interest rate hikes from the Federal Reserve this year, and the rise in US Treasury yields is weighing on market sentiment.
Tom Lee said the market is still digesting Kevin Warsh’s remarks from his first press conference last week and repricing the macro environment. Over the past week, oil prices have pulled back, with war premiums contracting. Current oil prices are not far from the roughly $65 level seen before the conflict, indicating the market views related war risks as declining. On the other hand, 10-year U.S. Treasury yields continue to rise, now around 4.5%, higher than the pre-conflict level of roughly 4.2%. The main headwind the market has faced recently has shifted from oil prices to yields. Tom Lee noted that the market is not only focused on 10-year U.S. Treasury yields but also starting to price in potential additional interest rate hikes from the Federal Reserve. According to federal funds futures, the market is currently pricing in nearly two rate hikes this year. Bank of America further projected today that the Fed will raise rates three times this year, in September, October, and December respectively. Jeffrey Gundlach often emphasizes the importance of monitoring 2-year U.S. Treasury yields, as they typically lead the Fed and signal the central bank’s policy direction. Between 2023 and 2025, the relationship between 2-year U.S. Treasury yields and the federal funds rate indicated that the Fed’s policy was overly tight, requiring interest rate cuts. However, this relationship has recently reversed, meaning the Fed would need two rate hikes to catch up with 2-year U.S. Treasury yields. He believes that, at least for now, yields have become a headwind for the market.
Osmosis has proposed converting OSMO to ATOM and tightening Cosmos Hub integration, testing whether chain mergers can boost liquidity, governance, and valuations.
Summary
Osmosis plan offers OSMO–ATOM conversion at a fixed rate over six months, with unclaimed ATOM returning to the Hub community pool. Proposal would bind Osmosis liquidity, security, and governance more tightly to Cosmos Hub, positioning ATOM as the primary base asset. The move sharpens Cosmos’ consolidation vs app‑chain sovereignty debate, putting OSMO and ATOM holders in control via governance votes. Interoperable DEX Osmosis has put forward a sweeping proposal to convert OSMO into ATOM and migrate its core protocol more tightly into the Cosmos Hub, in one of the most aggressive consolidation moves yet seen in the Cosmos ecosystem. The plan would effectively bind Osmosis’s liquidity, security, and governance more directly to the Hub, while offering OSMO holders a time‑limited path into ATOM exposure.
Under the proposal, all circulating OSMO – excluding undeployed community pool tokens – could be converted to ATOM over a six‑month window at a fixed rate of 1.998 OSMO for 0.0355 ATOM. Holders who do not claim within that period would see the corresponding ATOM returned to the Cosmos Hub community pool, concentrating unclaimed value under Hub governance. The structure is explicitly designed to avoid permanent dangling liabilities, while forcing a clear decision from tokenholders on whether they want to align with the Hub or exit.
Strategically, the proposal aims to turn Osmosis from a largely independent app‑chain into a native liquidity engine for Cosmos Hub, potentially simplifying the stack for users and institutional players who view Cosmos as fragmented. By consolidating liquidity and security at the Hub layer, proponents argue that Cosmos can present a cleaner narrative to external capital: one core base asset (ATOM), one primary liquidity venue (Osmosis on Hub), and unified governance. For Osmosis, the move could widen its addressable user base if ATOM’s brand and distribution outweigh the loss of a standalone token.
The trade‑offs are significant. OSMO holders face dilution of protocol‑specific upside in exchange for broader ATOM exposure and tighter alignment with the Hub’s long‑term roadmap. Cosmos Hub, on the other hand, would be implicitly underwriting Osmosis’s future, importing not only its liquidity and fees but also its technical and governance risk. Success would push Cosmos further toward a “hub and spokes” model with ATOM at the center; failure would strengthen the case for app‑chain sovereignty over consolidation.
If passed, the proposal would mark a clear escalation in the ongoing debate over how Cosmos should compete with more monolithic ecosystems like Ethereum and Solana. It would also provide a live test of whether token conversions and protocol mergers can unlock higher valuations and deeper liquidity, or whether they simply shuffle risk and governance complexity from one balance sheet to another. For now, all eyes will be on how both OSMO and ATOM holders respond at the ballot box.
PANews reported on April 6th that the Osmosis team announced an update to the Cosmos Hub proposal, based on feedback from validators and the community, canceling the plan to add new ATOM minting. The required ATOM will be gradually purchased from the DEX through protocol revenue to support the OSMO→ATOM conversion. A revenue support model linked to protocol performance will be introduced, with the total acquisition volume controlled to within 2.5% of the ATOM supply.
Previous reports indicated that Osmosis plans to optimize the OSMO token economic model, including increasing Bitcoin reserves and achieving net deflation for OSMO by the end of the year .
Author: PA一线
This content is for market information only and is not investment advice.
Kepler Cheuvreux raises ASML’s European share price target from €1,460 to €1,830.
Kepler Cheuvreux has raised the target price for ASML’s European shares from €1,460 to €1,830.
4 minutes ago
Stifel: U.S. economy in "overheated expansion" as AI investment cycle outweighs consumer pressure
U.S. large diversified financial services holding company Stifel has raised its year-end S&P 500 target and rolled out a stock allocation framework for a "high-growth, high-inflation" environment. The firm lifted its year-end S&P 500 target to 7,800 points, noting the U.S. economy is entering a "running hot" state—where economic growth is strengthening alongside mounting inflationary pressure. Stifel’s models show U.S. growth momentum is picking up while inflation momentum is clearly overheating, a trend that will reshape the market’s leading sector structure in the second half of the year. Instead of traditional consumer sectors, Stifel’s top picks are investment-led cyclical industries, including banks, transportation, materials, energy, semiconductors, software and equipment. The firm adds that fixed-asset investment in AI remains on the rise: large tech firms including Amazon, Microsoft, Meta and Google are projected to combine for roughly $725 billion in total capital expenditures in 2026, some $100 billion higher than prior estimates. This means the AI investment chain is likely to continue outperforming the consumption chain squeezed by inflation. Stifel advises investors to reduce exposure to discretionary consumer, consumer staples, communication services and some financial services sectors, as these areas see weaker earnings revisions. Conversely, the firm favors cyclical value stocks and hedges with defensive value sectors such as insurance, autos, energy and banks.
4 minutes ago
Analyst: Micron's earnings boost overall market sentiment for the tech sector
Chris Strazzeri, Financial Trading Manager of Moomoo’s Australia and New Zealand branch, stated: “The targeted sell-off indicates that following a sustained, strong rally in AI-related and speculative growth stocks, investors are enforcing strict valuation discipline. This serves as a warning to the market that actual earnings levels must now rise to support the currently overvalued price-to-earnings ratio. Micron Technology’s post-market earnings results largely confirm this, and its robust performance has lifted overall market sentiment in the tech sector.”
4 minutes ago
2x Leveraged Long DRAM ETF (RAM) Records $383 Million in Trading Volume on Its First Day of Listing
According to Bitget market data, the Roundhill T-REX 2X Long DRAM Daily Target ETF (Nasdaq ticker: RAM) officially launched trading yesterday. On its first trading day, the fund recorded a total turnover of $383 million, and rose 29.47% in after-hours U.S. stock trading to hit $30.8. Note: RAM’s underlying exposure covers companies engaged in memory-related technologies, including DRAM, NAND and storage solutions, targeting active traders seeking leveraged exposure to the memory chip theme and artificial intelligence infrastructure development.
4 minutes ago
BCA Research raises its S&P 500 target to 8,100 points, with AI remaining a core variable.
BCA Research has become the latest strategy firm to raise its US stock market target, reflecting Wall Street’s growing optimism about earnings support for US equities in the second half of the year. The institution lifted its year-end S&P 500 target from 7,700 points to 8,100 points. BCA’s core view is that first-quarter corporate earnings exceeded expectations in both strength and breadth, and the US economy has re-entered an expansion phase. Similar to JPMorgan Chase, BCA believes this stock rally is not only driven by valuation expansion—earnings themselves are delivering the index’s gains. AI remains the core variable in this assessment. Large tech firms including Alphabet, Microsoft, Amazon, Meta and Oracle continue to increase capital spending on data centers and AI infrastructure, driving growth in orders for chips, servers, construction, power and related industrial chains. This provides a clearer fundamental basis for upward revisions to 2026 and 2027 earnings. The institution points out that risks exist: the earnings expansion brought by AI investments has already been quickly priced into the market. If subsequent returns on capital spending are questioned, or interest rates remain elevated, further upside for the index will require more earnings confirmation rather than relying solely on investor risk appetite.
4 minutes ago
Tom Lee: Markets have nearly priced in two interest rate hikes from the Federal Reserve this year, and the rise in US Treasury yields is weighing on market sentiment.
Tom Lee said the market is still digesting Kevin Warsh’s remarks from his first press conference last week and repricing the macro environment. Over the past week, oil prices have pulled back, with war premiums contracting. Current oil prices are not far from the roughly $65 level seen before the conflict, indicating the market views related war risks as declining. On the other hand, 10-year U.S. Treasury yields continue to rise, now around 4.5%, higher than the pre-conflict level of roughly 4.2%. The main headwind the market has faced recently has shifted from oil prices to yields. Tom Lee noted that the market is not only focused on 10-year U.S. Treasury yields but also starting to price in potential additional interest rate hikes from the Federal Reserve. According to federal funds futures, the market is currently pricing in nearly two rate hikes this year. Bank of America further projected today that the Fed will raise rates three times this year, in September, October, and December respectively. Jeffrey Gundlach often emphasizes the importance of monitoring 2-year U.S. Treasury yields, as they typically lead the Fed and signal the central bank’s policy direction. Between 2023 and 2025, the relationship between 2-year U.S. Treasury yields and the federal funds rate indicated that the Fed’s policy was overly tight, requiring interest rate cuts. However, this relationship has recently reversed, meaning the Fed would need two rate hikes to catch up with 2-year U.S. Treasury yields. He believes that, at least for now, yields have become a headwind for the market.
PANews reported on April 17 that Osmosis announced on the X platform that its governance proposal to integrate Osmosis into Cosmos Hub failed by a narrow margin. Osmosis stated that it will continue to operate as an independent and profitable chain, and in the coming weeks will prioritize user security and continuity, develop its next phase of plans, and announce the protocol and team's next steps.
Osmosis price just pulled off the kind of move that usually wakes up abandoned crypto Telegram groups overnight. OSMO surged nearly 290% in 24 hours, blasting from $0.0329 to $0.1291 before cooling down near $0.0928. Dead coin? Apparently not this week.
But a big reality this time around was this wasn’t some sudden wave of organic ecosystem growth or retail believers rediscovering decentralized finance. Traders were chasing one thing: merger speculation.
Cosmos Hub Merger Narrative Ignites SpeculatorsThe actual catalyst came after Osmosis governance proposed a merger with Cosmos Hub, offering a fixed conversion rate of 1.998 OSMO for 0.0355 ATOM.
And just like that, the market smelled opportunity.
Volume exploded 668% within 24 hours as traders rushed to front-run the potential conversion mechanics. That’s not exactly subtle accumulation. It’s pure event-driven speculation with leverage sprinkled on top.
Well, the proposal has divided the community hard. Some view the merger as necessary consolidation for survival inside the Cosmos ecosystem. Others argue it completely undermines Cosmos’s long-standing multi-chain philosophy.
Supply Cuts Added More Fuel AlreadyThe timing also matters.
Back in July 2025, Osmosis executed “The Thirdening,” reducing token emissions by 33% while doubling daily burn rates. Less circulating supply created the perfect backdrop for an explosive squeeze once merger headlines appeared.
That said, zooming out to the weekly chart tells a colder story.
Bigger Resistance Still Looms AheadDespite the parabolic move, Osmosis price still remains far below the critical $0.22 to $0.30 resistance region that previously defined the broader bearish structure.
So, what’s next?
If the merger vote fails, traders chasing the conversion narrative could exit just as aggressively as they entered. And in crypto, speculative pumps rarely send a warning text first.
Story Ends Here
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Osmosis is debating a merger with Cosmos Hub via a 1.998 OSMO‑for‑0.0355 ATOM swap funded by DEX revenue, raising existential questions for OSMO, ATOM and the broader IBC DeFi stack.
Summary
OSMO rallied 185% in 24 hours on May 11, 2026, amid renewed speculation about a revised Cosmos Hub merger proposal The original COSMOSIS proposal to convert OSMO to ATOM at a rate of 1.998 OSMO for 0.0355 ATOM failed narrowly in April 2026 Social media activity from @osmosis and community accounts suggests a potential revised path forward for the integration Osmosis (OSMO) jumped 185% in 24 hours on May 11, reigniting debate across X about the failed COSMOSIS merger proposal that would have integrated the decentralized exchange directly into the Cosmos Hub. The sharp price movement comes less than a month after Cosmos Hub governance narrowly rejected the acquisition plan in April 2026, with speculation now centering on whether a revised proposal could succeed.
The original proposal, posted March 11, would have allowed holders to convert all circulating OSMO tokens into ATOM at a fixed rate of 1.998 OSMO for 0.0355 ATOM over a six-month window. Under that structure, approximately 665.1 million OSMO would have been eligible for conversion, with any unclaimed ATOM returning to the Cosmos Hub community pool after the deadline. The plan aimed to consolidate Osmosis liquidity, governance, and security onto a single chain, effectively making the DEX a native component of the Hub rather than an independent app-chain.
Failed Vote Sparks Renewed Speculation After the governance vote failed by a narrow margin in mid-April, Osmosis stated it would continue operating as “an independent, profitable blockchain” and develop its next-phase roadmap. Yet recent posts from the official Osmosis account and Cosmos-focused community members suggest discussions around a revised integration path have resumed, driving heavy trading activity across OSMO markets.
The OSMO-to-ATOM conversion narrative has been trending heavily among Cosmos ecosystem participants, with some forum posts exploring whether a modified proposal could address concerns that led to the original vote’s failure. An updated version referenced in early April removed new ATOM minting from the plan, instead proposing to fund the conversion over time using Osmosis’s own DEX revenue. That revision aimed to mitigate dilution risk for ATOM holders, a key point of contention during the initial governance debate.
Consolidation Versus Sovereignty The COSMOSIS proposal represents one of the most aggressive consolidation moves in Cosmos history, testing whether ecosystem-wide mergers can boost liquidity and valuations or undermine the sovereignty that defines the network’s app-chain model. If a revised proposal passes both Osmosis and Cosmos Hub governance, it would set a precedent that could pressure other independent chains to consider similar integrations.
Market observers note the debate mirrors broader tensions across multi-chain architectures, where projects must balance the benefits of shared security and liquidity against the risks of governance centralization. Concentrating the ecosystem’s primary DEX and hub chain under a single governance framework creates potential single-point-of-failure risks, as contentious votes could simultaneously affect trading infrastructure and network security.
Following the April rejection, some Cosmos community members floated the idea of a hostile takeover offer, arguing that nothing prevents Hub governance from drafting a proposal and presenting it directly to OSMO holders for their own vote. Whether renewed speculation translates into formal governance action remains unclear, but the 185% price surge signals that markets are pricing in a meaningful probability of eventual integration.
Cosmos [ATOM] made it to the list of top inter-blockchain communication (IBC) protocol projects as of 18 October. According to the data at hand, ATOM’s weekly active users surpassed all other cryptocurrencies that made it to the list.
The IBC allows independent blockchains to directly communicate and trade assets with each other. Therefore, this development added much value to the blockchain as it represented the capabilities of ATOM.
The token’s price also corresponded to this development as it registered nearly 3% weekly gains. According to CoinMarketCap, ATOM’s press time price was $12.45 with a market capitalization of $3,564,241,363.
Several developments also in the ecosystem acted as the cherry on the cake and suggested a price surge in the near future. For example, 17 new projects were recently added to the Cosmos ecosystem, which looked quite promising.
Alpha Google Sheet Has Been Updated.
Check it out: https://t.co/KOpn45NUUQ
Added Updates:
➕ 17 New Cosmos $ATOM Ecosystem Projects.
➕ 30 New Projects Without Tokens.
➕ 29 Early Stage Projects on the $APT Ecosystem.
🧵Total Projects: 290+ pic.twitter.com/vDgdB0Jb0S
— Airdrop Official 🦇🔊 (@its_airdrop) October 17, 2022
A sky full of Cosmos… In addition to the aforementioned developments, ATOM’s metrics also painted a bullish picture for the coin. Several metrics suggested a price surge in the near future. For instance, after registering a decline, ATOM’s volume went up, which was a bullish signal.
Source: Santiment ATOM’s Binance funding rate also witnessed a surge in the last few days, thus indicating higher interest from the derivatives market. Not only this, but ATOM’s social volume also spiked, representing ATOM’s popularity levels within the crypto community.
Source: Santiment However, not everything was working in ATOM’s favor as its development activity went down considerably, which is a red signal as it indicates less effort from the developers in improving the blockchain.
… and bears apparently A look at ATOM’s daily chart revealed that the bulls and the bears were fighting a battle. The Exponential Moving Average (EMA) Ribbon indicated a similar situation with the bears having a slight edge in the market. Moreover, ATOM’s Relative Strength Index (RSI) rested below the neutral position.
Nonetheless, other market indicators were positive and suggested a price surge in the coming days. The Moving Average Convergence Divergence (MACD) displayed an attempt to make a bullish crossover. ATOM’s Chaikin Money Flow (CMF) did manage to cross the zero line, but moved sideways at press time.
PANews reported on March 1st that MANTRA issued a final reminder on its token upgrade on the X platform, stating that the upgrade will be implemented on March 3rd, including a token code renaming and a token split at a 1:4 ratio. Users holding OM on MANTRA Chain or exchanges supporting the upgrade do not need to take any action; the upgrade will be completed automatically, and their wallet balance will be updated to the new token code with a 1:4 token increase. Users still holding OM in the Cosmos ecosystem (such as Stargaze, Osmosis, etc.) may not receive the 1:4 revaluation and are advised to transfer their OM tokens to MANTRA Chain as soon as possible via the IBC bridge.
Rubio: US and Iran to continue technical consultations at the end of this month
Multiple foreign media outlets reported on the 24th that US Secretary of State Rubio said technical teams from the United States and Iran will hold further talks in Switzerland by the end of June. (Xinhua News Agency)
5 hours ago
Over the past 24 hours, total crypto market liquidations hit $606 million, with more than 130,000 traders liquidated.
According to Coinglass data, the global cryptocurrency market recorded $606 million in liquidations over the past 24 hours, including $542 million in long-position liquidations and $68.22 million in short-position liquidations. A total of 135,785 traders worldwide were liquidated in the same period, with the largest single liquidation order occurring on Binance’s BTCUSDT trading pair, valued at $12.0111 million.
5 hours ago
Bitcoin falls below $60,000
According to HTX market data, Bitcoin has fallen below $60,000, with a 4.3% drop in the past 24 hours.
5 hours ago
US Treasury Secretary: AI boom may boost productivity and help curb inflation.
US Treasury Secretary Bessent told CNBC in an interview that he hopes the Federal Reserve will remain "open-minded" about the inflation pattern after the reversal of Iran-related energy price hikes. Bessent noted that the U.S. could enter an economic environment marked by high GDP growth without a corresponding rise in traditional inflation. He cited that in the 1990s, Alan Greenspan foresaw that office modernization and the internet could drive non-inflationary growth, and allowed the economy to keep expanding. Bessent believes the U.S. has a strong chance of seeing a similar scenario again. When asked whether the Fed still needs to worry about potential inflation and whether interest rate cuts are possible this year or next, Bessent declined to comment. However, he argued that it is necessary to stay open-minded about the price or inflation impacts from the Iran conflict, and monitor inflation performance after those effects subside. Bessent also said an open mind is needed, as the AI boom could boost productivity and deliver disinflationary effects, helping inflation return to the Fed’s target level. He added that he believes Kevin Warsh will choose the optimal path that meets both the Fed’s inflation and growth mandates. Bessent also noted that Warsh previously took a hawkish stance on inflation.
5 hours ago
US stocks' intraday storage sector sees broad declines, with Western Digital and Seagate Technology both falling over 4%.
According to Bitget data, during U.S. stock trading hours, the storage sector saw broad declines: Western Digital (WDC) fell 4.47%, Seagate Technology (STX) dropped 4.17%, SanDisk (SNDK) declined 2.31%, and Micron Technology (MU) edged down 0.96%. Most optical communication concept stocks rose, with Corning (GLW) leading the gains at 9.75%, followed by Ciena (CIEN) up 3.24%, Coherent (COHR) rising 2.93%, Lumentum (LITE) gaining 2.61%, and Nokia (NOK) advancing 1.82%. Additionally, Marvell Technology (MRVL) fell 2.59% and Applied Optoelectronics (AAOI) declined 1.90%.
5 hours ago
During intraday trading in U.S. stocks, crypto-related concept stocks fell broadly, with MSTR dropping more than 7%.
According to Bitget market data, the three major U.S. stock indexes rose broadly: the Dow Jones Industrial Average gained 0.94%, the S&P 500 increased 0.60%, and the Nasdaq rose 0.63%. Crypto-related stocks fell across the board, with declines as follows: Strategy (MSTR) down 7.33%; Circle (CRCL) down 4.35%; Bitmine (BMNR) down 3.97%; Coinbase (COIN) down 3.73%; Robinhood (HOOD) down 3.70%; Gemini (GEMI) down 3.27%; Bullish (BLSH) down 3.25%; Sharplink (SBET) down 3.19%.
