I have quite a bit of COSMOS (and to be honest had pretty much abandoned any hope for its future) but in early January (2026) it seems to have woken up) with it jumping from £1.43 on New Year's day to a peak of £2.00 on 10th January according to Coinbase. Admitted, it has fallen back a bit to £1.90 (again Coinbase) today, but it is currently running at approximately 150% (quick head approximation) of what it was just two weeks ago and pretty much where it has been for what seems to have been forever.

So, despite market sentiment still being fragile and with it still trading well below its ATH or even half of that, it is showing early bullish signals although the trend is not decisively there yet. What the recent surge has done is to improve sentiment (and this is even reflected in my choice of post today), which coupled with the addressing of several fundamentals (especially the proposed tokenomics overhaul) a more optimistic outlook has started to come to the fore.

Looking forwards, CoinMarketCap’s January 2026 analysis highlights that Cosmos Labs is redesigning ATOM’s economic model that will benefit from lower inflation (currently 7–20%) and possible burn mechanisms (to increase scarcity and value) among other things which could reduce sell pressure and increase value capture which in turn represents the strongest bullish driver for 2026. While targets are much lower than anything like its performance level was back in 2021 - 2022 it has already achieved its short‑term target of $2.35 and is well on its way to hitting its medium‑term target, in the next 4 to 6 weeks of $2.25–$2.40 and the same experts also believe this is the point where it will meet resistance - around $2.25, which it will need to push through to continue its upward trajectory and while this all speaks of recovery it is far short of being a confirmed long‑term bull trend.

(Sorry for the switch from GBP - my native currency - to USD, but that was how it was represented in my research)

It is interesting to note that experts are speaking in terms of recovery rather than growth which does still cast a shadow on its long-term future. Nevertheless, according to Cryptopolitan’s 2026 forecast, it may well achieve a maximum price of $4.44 and for there to be no reason why the current surge should slow down in the next month or so.

So in conclusion, it is fair to say that while it’s leaning in a bullish direction this is far from confirmed. Having said that, there is a lot to feel positive about Its tokenomics redesign could be transformative. What is clear, even now, is that whatever happens next, all of the technical indicators show recovery (there's that word again) and that the January surge has not only halted but reversed a multi‑month downtrend which hodlers like me have been feeling very acutely. This all sounds great, but we must also remember that, even with the current surge its price is still way down compared to the heights it has reached in the past and it may well still be affected by developer attrition and ecosystem fragmentation.

As for me, I am going to continue to hodl and stake and when the price is right at least skim some of the staking rewards off the top as part of my over all recovery plan (and there we go - its got me using that word now).

As always stay safe and well my friends.