Cosmos (ATOM) is currently showing a promising performance in the market, with its price rising by 5% in the last 24 hours and only incurring a 1.20% decrease in the last 7 days. This positive trend can be linked to the upcoming launch of its first Consumer Chain, Neutron chain, which is scheduled to occur this Wednesday, 10th May. This chain is designed to enable smart contracts and facilitate the development of decentralized applications.

This comes at the perfect time in the current DeFi ecosystem, as Layer 1 and Layer 2 protocols compete to become a trusted system for the growing number of users. To stand out from the competition, a more efficient infrastructure is needed to support their needs. Goals such as these have pushed competitors like Cosmos, Polygon zkEVM, Arbitrum, Filecoin's FVM and zkSync Era to continue innovating their products and services.

For Cosmos, their main focus is to increase the usability of Neutron chain and make sure everything is ready for a successful launch. It has called on its validators to be prepared for the launch, hoping to witness the latest game changer in the cryptocurrency industry. The potential to become the go-to platform in the future has pushed them to become a major competitor in the market, striving for the ultimate goal of mass adoption.



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