Cosmos Hub Q1 2024 Report: Cosmos Hub's revenue increases by 90% quarter-on-quarter

Messari released the first quarter report of Cosmos Hub in 2024, with key points as follows: 1. The revenue of Cosmos Hub increased by 90% quarter-on-quarter. Although there were some peaks related to registration activities, the demand for charges throughout the quarter was relatively sustained; 2. Daily active addresses and daily transaction volume increased by 56% and 43% respectively on a quarterly basis. Part of the growth was due to activities related to registration; 3. After community discussions and signal voting, Cosmos Hub will launch licensed CosmWasm, which will enable specific pre-approved programmable forms for shared security, fund management and governance; According to proposal No.897, besides replicated security (Replicated Security), inter-chain security now also includes partial set security (PSS). Elys Network will be the first network to implement PSS and use part of the security features of Cosmos Hub validators; Neutron's TVL grew by19%, Stride's TVL grew by71%. They are among the first chains that have received replicated safety protection from Cosmos Hub and joined Atom economic zone.