Anoma’s Christopher Goes warns the Cosmos ecosystem is nearing collapse as projects like Penumbra, Osmosis and Noble shut down, enter maintenance or exit entirelyAnoma’s Christopher Goes warns the Cosmos ecosystem is nearing collapse as projects like Penumbra, Osmosis and Noble shut down, enter maintenance or exit entirely

Cosmos faces ‘near extinction’ as key projects quit ecosystem

Anoma’s Christopher Goes warns the Cosmos ecosystem is nearing collapse as projects like Penumbra, Osmosis and Noble shut down, enter maintenance or exit entirely.

Summary
  • Anoma co-founder Christopher Goes says the Cosmos (ATOM) ecosystem is in serious decline and “nearing its end,” with user and market interest at historic lows.​
  • Projects like Penumbra have shut down, while Osmosis moved into maintenance mode and Noble prepares to withdraw from Cosmos and focus on other ecosystems.​
  • Goes cites high operating costs, specialized infrastructure and capital concentration on a few assets as reasons for shrinking sustainability and fading innovation in Cosmos.

Christopher Goes, co-founder of Coinbase-listed cryptocurrency Anoma (XAN), said the Cosmos (ATOM) ecosystem is experiencing a serious decline and nearing its end, according to statements reported by Bitcoin Sistemi.

Anoma co-founder says Cosmos ecosystem in decline

Goes stated that numerous projects within the Cosmos ecosystem have recently ceased operations or significantly reduced their scale. Several projects have shut down completely, while others have entered maintenance mode and redirected resources to alternative ecosystems, according to the report.

The statement cited specific examples including Penumbra ceasing operations, Osmosis entering maintenance mode while shifting resources elsewhere, and Noble in the process of withdrawing from the Cosmos ecosystem.

Goes indicated that user and market interest in the ecosystem has reached historically low levels, creating sustainability challenges for projects with high operational costs and specialized technology infrastructures, the report said.

The concentration of capital on specific assets and the removal of the ecosystem from priority lists contributes to uncertainty regarding Cosmos’s future, according to Goes’s assessment.

Anoma is listed on Coinbase, one of the largest cryptocurrency exchanges in the United States. The Cosmos network uses blockchain technology designed to enable interoperability between different blockchain systems.

Market Opportunity
NEAR Logo
NEAR Price(NEAR)
$1.235
$1.235$1.235
-0.08%
USD
NEAR (NEAR) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Fed Decides On Interest Rates Today—Here’s What To Watch For

Fed Decides On Interest Rates Today—Here’s What To Watch For

The post Fed Decides On Interest Rates Today—Here’s What To Watch For appeared on BitcoinEthereumNews.com. Topline The Federal Reserve on Wednesday will conclude a two-day policymaking meeting and release a decision on whether to lower interest rates—following months of pressure and criticism from President Donald Trump—and potentially signal whether additional cuts are on the way. President Donald Trump has urged the central bank to “CUT INTEREST RATES, NOW, AND BIGGER” than they might plan to. Getty Images Key Facts The central bank is poised to cut interest rates by at least a quarter-point, down from the 4.25% to 4.5% range where they have been held since December to between 4% and 4.25%, as Wall Street has placed 100% odds of a rate cut, according to CME’s FedWatch, with higher odds (94%) on a quarter-point cut than a half-point (6%) reduction. Fed governors Christopher Waller and Michelle Bowman, both Trump appointees, voted in July for a quarter-point reduction to rates, and they may dissent again in favor of a large cut alongside Stephen Miran, Trump’s Council of Economic Advisers’ chair, who was sworn in at the meeting’s start on Tuesday. It’s unclear whether other policymakers, including Kansas City Fed President Jeffrey Schmid and St. Louis Fed President Alberto Musalem, will favor larger cuts or opt for no reduction. Fed Chair Jerome Powell said in his Jackson Hole, Wyoming, address last month the central bank would likely consider a looser monetary policy, noting the “shifting balance of risks” on the U.S. economy “may warrant adjusting our policy stance.” David Mericle, an economist for Goldman Sachs, wrote in a note the “key question” for the Fed’s meeting is whether policymakers signal “this is likely the first in a series of consecutive cuts” as the central bank is anticipated to “acknowledge the softening in the labor market,” though they may not “nod to an October cut.” Mericle said he…
Share
BitcoinEthereumNews2025/09/18 00:23
Pi Network Mainnet Update: 16 Million Verified Users Join Global Blockchain Ecosystem

Pi Network Mainnet Update: 16 Million Verified Users Join Global Blockchain Ecosystem

Pi Network Surpasses 16 Million Verified Mainnet Users Pi Network, one of the fastest-growing blockchain ecosystems, has reached a major milestone: over 16 mil
Share
Hokanews2026/01/31 23:28
The Ultimate 2026-2030 Forecast For MANA’s Ambitious $1 Journey

The Ultimate 2026-2030 Forecast For MANA’s Ambitious $1 Journey

The post The Ultimate 2026-2030 Forecast For MANA’s Ambitious $1 Journey appeared on BitcoinEthereumNews.com. Decentraland Price Prediction: The Ultimate 2026-2030
Share
BitcoinEthereumNews2026/01/31 23:24