With Injective getting all the love in the Cosmos ecosystem rn, I figured I'd show Osmosis some love as well.
I've spent the past month rediscovering this whole Cosmos thing and initially, I hit a wall. After getting used to how Ethereum and Solana's dApps work, trying to figure out how to move liquidity throughout different Cosmos chains was initially frustrating. Enter my savior: Osmosis.
Osmosis solves the How Do I Move Tokens On Cosmos problem with a suite of offerings that include swaps with most Cosmos tokens and most importantly, cross-chain deposit/withdrawal. It has become so indispensable to my overall Cosmos interchain experience that I can't imagine how I'd navigate without it and I'm surprised most Cosmos chains don't have similar features. For all the talk about an "Internet of Blockchains," we still have yet to see liquidity move smoothly from one Cosmos blockchain to another.
The market seems to agree. $OSMO has been one of the top performing tokens of the past week, having hit a local top at $1.60, which is +200% the previous week. It is currently in a correction, presenting a potential long entry opportunity (not financial advice).
Source: Coingecko Show Less
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