The Kosmos ecosystem is receiving significant institutional attention in the midst of wider market volatility, where atom shows remarkable resilience after recovering from a fall to $ 4.23 on April 30 to stabilize over $ 4.38.

The price of atom rose more than 4% over the past 24 hours, while the wider market meter Coindesk 20 -Index climbed almost the same amount.

This recovery comes as Canary Capital files for the first place SEI ETF built on Cosmos SDK, which contains stacking features that could set a precedent for similar products across the ecosystem.

Meanwhile, the figure’s proceeds Blockchain, also built with Cosmos SDK, has emerged as a leader in tokenized private credit with $ 9.9 billion in active loans, validating Blackrock CEO Larry Fink’s vision that “each active can be tokenized.”

Technical Analysis: Atoms Recovery Pattern

• Atomic-USD has shown remarkable resilience over the analyzed period and has recovered after a significant decrease to $ 4.23 on April 30 to stabilize over $ 4.38 by May 1st.
• The total range of $ 0.31 (6.9%) reflects moderate volatility with strong support established at $ 4.30- $ 4.32, according to Coindesk Research’s technical analysis data.
• The recent price action shows a developing appearance with higher low down formation since April 30, accompanied by increasing volume in recovery phases.
• Fibonacci Retracement from April 29 High suggests that the current price has regained the 61.8% level, with resistance to $ 4.41- $ 4.42, representing the next significant obstacle before potential continuation against previous heights.
• Atom-USD has shown significant volatility in the last 100 minutes, and has experienced a sharp fall from $ 4.41 to a low level of $ 4.35 before staging a recovery to $ 4.38.
• Price action formed a V-shaped pattern where strong purchases emerged at $ 4.35- $ 4.36 support zone. This was accompanied by especially higher trade volumes during both sale (topped at 103,987 units at 14:00) and subsequent improvement.
• The recent price movement has established a short-lasting appearance with higher low lower since 13:57, with the current price consolidation near $ 4.38- $ 4.39, suggesting stabilization after the previous volatility and potential for continued upward momentum if $ 4.39 resistance level can be violated.

Disclaimer: Parts of this article were generated with the help of AI tools and reviewed by our editorial team to ensure accuracy and compliance with Our standards. For more information, see Coindesk’s full AI policy.

References:

1. Bitcoinist, “Bitcoin is approaching the Golden Cross as the MVRV relationship builds momentum – comes a breakout?“Published April 7, 2025.
2. Bitcoinist, “Best presales to buy as institutional currents returning to Bitcoin, says Blackrock“Published April 7, 2025.
3. BLOCKWORKS, “How private credit tookenization leads the race in tokenization“Published April 30, 2025.
4. Cryptonews, “Canary Capital files for first place SEI ETF in USA includes insert component“Published April 24, 2025.