Cosmos DeFi is Hot and Happening Now

The demand for staking has increased dramatically nowadays. As per a recent report of JP Morgan, the staking industry size will be worth USD 40b in 2025. The launch of proof-of-stake Ethereum 2.0 is supposed to be a game-changer for the sector. There are endless accusations against proof-of-work cryptocurrencies like Bitcoin for environmental destruction and proof-of-stake cryptocurrencies have attracted amazing investor attention recently. Cosmos is a project which launched staking before many other top platforms and ATOM, the native cryptocurrency of the blockchain, has gained almost 50% in the last 7 days and 105% in the last 30 days against USD.

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