1. Staking mechanism through Binance Earn
Expected annual yield (APY): approximately 14% with an unbonding period of up to 21 days.
Benefits:
1. Flexible interface and weekly reward distribution speed.
2. Coverage under the SAFU fund to protect assets.
2. Launch of the IBC protocol
What is IBC? It is the inter-chain communication protocol that facilitates the transfer of assets and data between multiple networks.
Adoption volume: The number of networks connected to IBC exceeded 38 networks by the end of May 2025, including Osmosis, Injective, and Terra 2.0.
Impact of the launch: Increased activity of developers and decentralized applications, enhancing the need for ATOM to act as an intermediary and secure cross-chain transfers.
3. Technical performance
Current price 4.8629 USDT with support at 4.73 and resistance at 4.99.
Trading volume 120 million USD reflects high interest after the expansion of IBC.
Technical indicators:
RSI at 55 (neutral leaning slightly bullish).
MACD shows a slight bullish trend on the daily frame.
4. Development prospects
1. The anticipated Stargate 2.0 in July 2025 will reduce transaction fees and speed them up on the Hub.
2. The addition of new networks like Celestia and Evmos to IBC in the second half of 2025.
3. SDK tools developed by ChainSafe to facilitate the integration of IBC within DApps.
Do you think the expansion of IBC will lead ATOM to a new price breakthrough? And why? Share your opinion!
