Squid Protocol, the popular cross-chain bridge connecting over 78 EVMs and Cosmos-based networks, announced the expansion of Solana via Chainflip, a cross-chain AMM

thanks to this integration, Increased liquidity flows between #Solana and the #Cosmos ecosystem Prior to the Squid protocol extension, transferring funds between these sectors without authorization was complex and relied on centralized parties and multiple platforms
Cosmos ecosystem Beyond the system, the integration also removes barriers between the PolkaDot and #Bitcoin networks, improving Solana interoperability across the industry.
December 19, Squid Protocol, Solana, Bitcoin and Ethereum, announced an integration with Chainflip, the cross-chain AMM serving the PolkaDot network.
By incorporating ChainFlip into its existing product, Squid Protocol brings an additional layer of connectivity and liquidity to Solana.
For example, funds can be transferred from Cosmos-based networks such as Celestia and Injective to Squid Protocol via Axelar and Cosmos IBCs. Transfer and redirect funds to Solana via Chainflip. Previously, this path required the use of several different applications, but Squid Protocol brings all paths together in one click.
Squid Protocol's latest integration brings Solana and the vast Cosmos ecosystem closer together. The Cosmos ecosystem, which includes popular networks such as
Cronos #chain , Thorchain and dYdX, is currently worth over $2 billion in TVL, based on data from DeFiLlama.
If Squid Protocol incorporates Solana into its growing network, Cosmos traders may be tempted to move their money to Solana, which boasts higher transaction volumes on the chain and an objectively busier DeFi LINE_ market. BREAK After bitcoin's recovery to the $100,000 mark, market participants have become more risk averse and are returning to the iconic mimcoin economy Solana.

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$ATOM
$MOVE

Cosmos (ATOM) is making waves in the crypto market, even amidst recent volatility. Let’s dive into the latest updates on this “Internet of Blockchains” and explore its current trajectory.

Price Movement 📈
As of December 15, 2024, Cosmos (ATOM) is trading at approximately $9.20. Over the past week, the price has faced a decline of 9.01%, including a 2.75% dip recently. However, it’s not all bearish news; just before this decline, ATOM rallied with a 5.53% surge, showcasing its potential for rapid recovery. Such fluctuations highlight opportunities for both short-term traders and long-term holders.
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Market Capitalization 🌎
Cosmos holds a solid position in the cryptocurrency market, ranked No. 43 with a market capitalization of around $3.9 billion. In the last 24 hours alone, its trading volume reached an impressive $319.1 million, signaling continued investor interest despite recent dips.

Recent Developments ✨
1. Interoperability Leader: Cosmos remains a frontrunner in blockchain interoperability through its Inter-Blockchain Communication (IBC) protocol. This revolutionary feature allows seamless sharing of data and assets between blockchains, solidifying its role in the decentralized finance (DeFi) ecosystem.
2. Developer Magnet: 2024 has been a transformative year for Cosmos. It has attracted numerous developers keen to build scalable applications, ranging from DeFi platforms to NFT marketplaces. This growing ecosystem reinforces its vision of becoming “The Internet of Blockchains.”

#Cosmos #CryptoMarket #DeFiEcosystem
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#polkadot has great eco system it is better than #cosmos . The Polkadot (DOT) will move with the price of Bitcoin if the price of Bitcoin will go down it will also take a correction and when the price will go up The polkadot take pump.when #btc cross 120k the Polkadot management team launch DOT 2.0 this upgradation is very big update in the market that time so #polkadot easly cross $150 like #sol