Cosmos Price Surges as Testnet Hits 2,000 TPS Milestone
The Cosmos Ledger 2026.1 testnet has achieved a significant milestone by processing approximately 2,000 transactions per second (TPS) with sub-second block times.
This technical advancement is powered by SDK v0.54 and BlockSTM, which provide enhanced scalability and throughput for the Cosmos network.
The improved transaction speed and efficiency make the network more attractive to appchain developers, leading to increased ecosystem activity and potential higher demand for ATOM.
Cosmos' price is currently trading at $1.348, with a 7.32% gain on the day, and is positioned above its key short- and medium-term moving averages.
However, longer-term trend indicators remain under pressure, indicating that while there may be near-term gains, caution should be exercised due to overbought conditions.