The Cosmos Hub Thesis

TL;DR

1. The Cosmos Hub is undergoing a strategic revival led by the ICL, unifying the ecosystem and positioning $ATOM as the central asset for value capture.

2. IBC Eureka enables cost-efficient interop between Cosmos and non-Cosmos chains like Ethereum and soon Solana, ETH L2s, and more.

3. IBC Eureka-native DEX built by Stride is tackling liquidity fragmentation.

4. CosmosEVM allows developers to build EVM-powered L1 chains using the Cosmos SDK.

5. Permissionless VM on the Hub turns it into a “Multichain Developer Platform”.

6. <1-second block times to enhance UX & compete with other major L1.

Read to full blog post here:

No VCs or founders will dump $ATOM on you!

• They’re all gone.

• $ATOM is fully liquid (100% circulating).

• No more unlocks, no more vesting.

• $ATOM market cap = $ATOM FDV.

Stargaze Acquisition & Cosmos M&A

The Stargaze acquisition can be handled by the CP at approximately $2.7M.
However, this will be the first — and last — acquisition via the CP!

Things that are important to Mag for any kind of acquisition:

• Independence: ICL does not support maintenance & development of acquired chains.

• Sustainability: No further grants from the CP/ICF/ICL.

• Integration: Commitment to milestones & app integration on the Hub.

• Hub-centrism: No deployment of core products elsewhere.

• ATOM-based economics: 20%+ of app revenue should benefit $ATOM.

• Milestone-based funding: 50%+ of funds contingent upon milestones.

• Market-cap-based valuation: No big premiums.

Intento is joining the Hub via PSS

• Intento will run with a small & exclusive validator set.

• Tighter coordination, higher validator rewards, stronger incentives.

• PSS provides meaningful security with less operational complexity.

“The Hub as our home base, router, and launchpad”

Sui Network went live on Axelar

• Bringing seamless interchain access to Sui’s blazing-fast infrastructure.

• Asset issuers can now deploy once and tap into unified global liquidity.

Sei plans to deprecate CosmWasm support

• SIP-3 proposes to migrate to an EVM-only model moving forward.

• Deprecating the support for CosmWasm.

• Goal: Enhance developer experience & simplify infrastructure.

• Doubling down on Sei’s parallelized EVM.

Sentinel is $ATOM aligned

• Sentinel’s Cosmo dVPN launched on iOS, iPad & Mac.

• dVPN provides access to 1k+ dVPN nodes across the globe.

• In-app $ATOM on-ramp allowing users to buy ATOM via Apple Pay.

• All revenue is used to purchase $ATOM & engage in Cosmos DeFi.

Hydro Introduces Riptide

• Matching private capital with expert decision-making.

• Transforming Hydro into a decentralized market maker.

• Offering higher-risk, higher-reward capital deployments.

• Introducing risk-sharing for smarter capital allocation.

IBC Transfer spotted on the XRPL EVM Sidechain

• 0.1 $XRP sent from the XRPL chain to Elys via IBC.

• XRPL EVM sidechain is built on the Cosmos SDK.

• Elys and XRPL are cooking up something.

OM airdrop for Onchain OMies

• OMie holders can now claim 10% of the $OM airdrop.

• Total airdrop: 100 $OM per OMie NFT.

• Claimable now: 10 $OM per OMie.

• The remaining 90% of the airdrop is vested to the NFT, meaning the airdrop is permanently bonded to the NFT.

Claim your airdrop here:

That's it for today, thanks for reading folks.

We hope this article helped you stay up-to-date with the latest developments in the Cosmos ecosystem.

Disclaimer

This article is intended to educate readers about certain topics and should not be considered financial advice in any way.