To tell you everything, I'm an early adopter of the Cosmos ecosystem. I've believed in the vision and potential for years, and I've even staked my ATOM to show my support. But lately, I've been looking at some metrics on Token Terminal, and I can't help but wonder... is ATOM on its way out?

• Active Users are Dwindling: Across the board, daily, weekly, and even monthly active users are down significantly. A 34.7% drop in daily active users over 30 days? That's alarming.
• Fees and Revenue are Plummeting: The 30-day decline in fees (nearly 30%) and revenue (also close to 30%) paint a bleak picture. It seems fewer people are using the network, and that translates to less money coming in.
• Price and Market Cap in Freefall: A 67% price drop in 180 days? That's not just a correction; it feels like a capitulation. The shrinking market cap only reinforces the sentiment that confidence in ATOM is eroding.

Now, I want to be clear: I'm not saying Cosmos is doomed. There's still a vibrant community and dedicated developers. But these numbers are flashing serious warning signs. Is this a temporary dip or the beginning of the end for ATOM?

I'd love to hear your thoughts. Are you as concerned as I am? Or do you think this is just a bump in the road for Cosmos?