A look at the key growth areas where Cosmos can derive the most value from this year. ATOM struggles to maintain enough bullish demand to sustain its previous rally. The Cosmos network has been on a healthy growth trajectory, especially in the last two years. But, 2023 may present robust growth opportunities especially if the […]
There are still billions of people that are not yet enjoying the benefits of WEB3. Reportedly, Cosmos can leverage this opportunity through heavy infrastructure investments that can support more than one billion people in the next five years. Recent market challenges also present an opportunity for networks such as Cosmos to steer in the right direction.
Cosmos might steer towards the creation of open, censorship-resistant, and permission-less dApps. More importantly, there are some key sections that have the potential to put Cosmos on the fast lane for more growth.There are key areas where Cosmos can derive growth and these are segments that will likely be quite popular this year.. Cosmos is also expected to target other high-impact segments such as stablecoins, privacy protocols, and interchain security among others.
There is already a healthy degree of optimism among investors regarding Cosmos and ATOM’s’ prospects this year. It is not as volatile as it was in January but investors are still optimistic about their prospects in February. This is evident in the slight spike in weighted sentiment at the end of January.Unfortunately, the return of uncertainty due to economic conditions and regulatory uncertainty appears to have curtailed the optimism.
This is further backed by the strong surge in on-chain volume that occurred in the first two days of February.
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