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Here’s why Osmosis (OSMO) hit a new all-time high -Breaking

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The Cosmos ecosystem has seen a surge in crypto assets since 2022. This is due to increased focus on cross-chain compatibility and other blockchains. Osmosis (OSMO) is one decentralized finance protocol (DeFi).

Osmosis, the first decentralized exchange for (DEX), is connected via the Interblockchain Communication Protocol. (IBC). Data from Cointelegraph Markets ProShow OSMO prices rose 123%, from a low at $4.05 Dec. 17, to an all-time high of $9.24 Jan. 7.

OSMO/USD 1-day chart. Source: CoinGecko
OSMO price vs. DEX trading volume. Source Token Terminal
Osmosis total value Source: Defi Llama