.Cosmoshub is expecting the launch of its first consumer chain, boosting price growth
from CoinMarketCap, ATOM is now down by a marginal 1.20% over the trailing seven-day period.
The crypto market is undergoing one of its most extreme volatilities thus far this month, with the combined capitalization pegged at $1.15 trillion atop a 3.04% slump. The market opened to a promising week despite the congestion within the Bitcoin network following the congestion the protocol faced over the weekend.For Cosmos, the current rally stems from the announcement that the protocol's first Consumer Chain dubbed Neutron is billed to go live this coming Wednesday.
Neutron is branded as a permissionless CosmWasm platform secured by the Cosmos platform. Notably, Neutron is designed as a smart contract enabler that will automatically push decentralized applications hosted on it to operate across different public networks.will enter the Atom Economic Zone ⚛️
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