2026-01-11 06:29:27

Anoma co-founder pointed out in a recent discussion that the Cosmos ecosystem is currently facing severe challenges. Several projects have either ceased operations or entered maintenance mode—Penumbra and Osmosis are typical examples. More notably, some projects are gradually migrating out of Cosmos, with Noble's departure being particularly evident.

From a funding perspective, the strategy adjustment of the Interchain Foundation reflects changes in the ecosystem. Resources originally allocated to support ecosystem projects are now focused on capturing the value of the ATOM token itself. While this shift is understandable, it also to some extent accelerates project teams' wait-and-see attitude.

Market data is even more concerning. User activity and trading volume have fallen to historic lows, and the overall ecosystem heat has reached a freezing point. This situation creates opportunities for new projects and also provides survival space for projects like Namada that hope to change the status quo through differentiated approaches. In this context, whether newcomers can turn the tide and truly inject new vitality into the Cosmos ecosystem remains to be seen.

ATOM3,35%

OSMO17,52%

NAM2,94%

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MoonWaterDroplets

· 22h ago

Cosmos is really going to fail, this is going to be interesting --- I knew Noble was going to run away, what are you still waiting for --- Interchain Foundation's move is basically digging their own grave --- Active users have bottomed out and still want to turn things around, dream on --- Can Namada save the situation? I'm a bit skeptical --- All the funds have been withdrawn, how can the ecosystem possibly improve --- I originally thought Cosmos could become the next Ethereum, but now it seems nothing more than that --- Let's wait and see how Namada performs, anyway, betting on anything now is the same --- This round is truly a collective blood loss, who still dares to continue building

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CrashHotline

· 01-12 09:00

Cosmos this time really underperformed, all the projects have run away, who else can be expected to save it?

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DegenDreamer

· 01-11 15:41

Cosmos is really about to cool down, many projects have already run away... Can Namada turn things around? It feels a bit uncertain.

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IntrovertMetaverse

· 01-11 06:58

Cosmos' ecosystem is really cooling down, one after another, projects are fleeing. Noble has already run, what else can be done? Atom itself can't save it either. Can Namada work? Seems uncertain. Funds are only concerned with themselves; who would care about small projects? Just wait and watch the show. Once the funds are burned out, it's probably the end.

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MoneyBurner

· 01-11 06:57

Cosmos is now just a big clearance sale, projects running away, funds shrinking, this pace is definitely clearing out. But on the other hand, with such a low floor price, isn't it a good opportunity to build a position? I bet Namada can stir things up. If you don't believe it, let's see in half a year.

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LightningWallet

· 01-11 06:56

Cosmos is about to be finished... Osmosis has become like this, how can the ecosystem possibly grow?

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AirdropCollector

· 01-11 06:55

Cosmos has really pulled ahead, projects are all running Even Osmosis, which is so big, is still being maintained, what does that say? Noble's exit is the most heartbreaking; the ecosystem really has no appeal anymore Now ICF is just targeting ATOM for profit, who cares about the ecosystem Can Namada turn things around? I doubt it With the heat at a freezing point, are there still people playing Cosmos? This is probably an opportunity for latecomers to pick up bargains

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ProofOfNothing

· 01-11 06:47

What happened to Cosmos? Feels like a night back to the pre-liberation era... Is Osmosis still holding on? I thought it was gone long ago. Noble has run away, right? That’s the real signal. ICF changing strategies is indeed a bit awkward; shifting resources to ATOM is not as good as just saying the ecosystem is cooling down. The lowest activity level in history is really desperate, it’s truly despairing. Can Namada turn things around? Honestly, I’m not very optimistic, brother. Just want to know how many projects are holding back big moves. Most people have already left, who still dares to take over? Is this what they call an "ecosystem opportunity"? Sounds really ironic. It’s not even close to freezing point, it’s directly frozen.

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digital_archaeologist

· 01-11 06:30

Cosmos is really on a downward trend. This move seems a bit like abandoning the little guys to make their own profits.

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