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Cosmos (ATOM) rallies after launching a cross-chain bridge and wrapped Bitcoin By Cointelegraph – NewsEverything Enterprise

Cosmos (ATOM) rallies after launching a cross-chain bridge and wrapped Bitcoin

Momentum for the highest layer-one protocols has been on the rise all through August because the extremely anticipated rollout of the London arduous fork on the (ETH) community has carried out little to deal with the community’s excessive transaction charges and delayed confirmations.

One of many greatest beneficiaries of the hunt to discover a extra welcoming sensible contract setting has been Cosmos (ATOM), a venture centered on interoperability that has got down to turn out to be the “web of blockchains” due to its Inter-Blockchain Communication (IBC) protocol.

ATOM/USDT 4-hour chart. Supply: TradingView