Cosmos ATOM/USD is the cryptocurrency that powers the ecosystem of blockchains, all of which are designed to scale and interoperate with one another with ease.
The Sagan blockchain announcement as a catalyst for growth
On October 6, we covered how the Inter Blockchain Communication Protocol led to an increase in the growth of the blockchain network, which logged more than 1 million transfers.
As such, we can see that ever since the launch of the Inter Blockchain Communication Protocol back in March, Cosmos has been growing due to the fact that it allows crypto assets to be transferred easily between compatible blockchain networks.
The Cosmos cross-chain network has started work on a new blockchain that allows developers to experiment with different protocols.
On the quarterly keynote, which got published on Tuesday, Cosmos mentioned that the Sagan blockchain is currently developing.
This Sagan announcement comes when Cosmos is also working on rollup scaling technology to allow developers to build Cosmos-based blockchains in the form of rollups, which can be deployed as clusters.
In any case, for the time being, we do not really know when Sagan will be released, and on the official statement, Cosmos claim that they will update us on it soon.
In any case, this announcement marks a new era for Cosmos, where we can expect a lot of improvements and innovations going forward, all of which can contribute to the growth of the price of the ATOM token.
Should you invest in Cosmos (ATOM)?
On October 20, Cosmos (ATOM) had a value of $33.96.
In order to get a perspective as to exactly what kind of value
