News

What is Osmosis Crypto and Why is OSMO Price Up 30% This Week

Osmosis Crypto has Pumped +30% this week, but how is Osmosis Polaris fuelling OSMO price gains? Find out here.

By Isaiah Mccall

Last Updated: Jan 7, 2025

Fact checked

By Sam Cooling

hat iOsmosis Crypto has Pumped +30% this week, but how is Osmosis Polaris fuelling OSMO price gains? Find out here

Fragmented liquidity and clumsy interfaces—two thorns in DeFi’s side—now have a target on their back courtesy of Osmosis Crypto (OSMO) and Polaris.

Launched by Osmosis, a Cosmos DEX powerhouse, Polaris positions itself as an all-in-one “token portal” for cross-chain trading. Its innovation is streamlined and built to empower both seasoned DeFi players and those just figuring out the ropes.

What Makes Osmosis Crypto and Polaris Different?

For DeFi users tired of the grind—managing wallets, chasing bridges, and burning gas fees—Polaris offers a clean fix. It’s a one-stop trading hub bridging Cosmos, Ethereum, Solana, and more, cutting out the headaches and making cross-network transactions feel easy for once.

According to Sunny Aggarwal, co-founder of Osmosis and Polaris, the token portal rethinks how liquidity is managed. Instead of concentrating liquidity into a single venue—a strategy that proved difficult to scale effectively—Polaris integrates with existing DEXes and liquidity pools.

“The UX of DeFi today feels extremely fragmented as everything is architected in a very chain-centric way,” Aggarwal explained. “Polaris is us taking a lot of the UX and UI components that, on Osmosis, we think are pretty awesome, and then we make them work in a cross-chain way.”

Key features such as “bridge abstraction” allow users to trade assets like USDC on Ethereum for Bitcoin seamlessly without needing to juggle different processes. Even more appealing, Polaris provides a consolidated view of a user’s crypto portfolio across multiple chains, simplifying portfolio tracking and management.

EXPLORE: 10 Coins with High Returns: Crypto Forecast 2025

Here’s How OSMO Crypto is Revolutionizing DeFi Liquidity

The Polaris launch signals a strategic evolution for Osmosis. Historically, Osmosis Price Volume in 24h Price 7d positioned itself as a liquidity hub primarily for Cosmos-based networks. Polaris broadens this mission by enhancing access to liquidity outside the Cosmos ecosystem, effectively bridging the “Great Chain Divide.” Users gain the freedom to trade EVM, Solana, and Cosmos assets within a single DEX environment.

This interoperability is expected to attract a broader DeFi audience while setting a new standard for user-friendly DeFi platforms.

Osmosis crypto is shaping up the DeFi space as OSMO price tears +30% to the upside following news of Osmosis Polaris.
(OSMO)

While Polaris is making waves in the DeFi space, Osmosis has also been making strides to enhance the value of its native token, OSMO.

The ProtoRev Burn Project, a dynamic mechanism built in partnership with Skip Protocol, is working to reduce the circulating supply of OSMO, thus boosting its scarcity and long-term value.

ProtoRev automates the accumulation of $USDC, $ATOM, and $OSMO through arbitrage opportunities within Osmosis’s DEX ecosystem. The accumulated $OSMO tokens are burned daily, effectively removing them from circulation. To date, over 2.2 million $OSMO tokens have been burned, marking a significant milestone in improving the ecosystem’s economic stability.

“The burn mechanism underscores the collective efforts of the Osmosis community to build a sustainable economy,” explained a statement from Osmosis.

Ostensibly, the Osmosis Polaris launch 2024 represents a long-term commitment to creating a more inclusive and accessible DeFi environment. By addressing issues of fragmented liquidity and improving usability, Polaris stands poised to attract a wider audience—helping new users enter the world of decentralized trading with ease.

Osmosis Crypto Will Be Huge, But So Will New Presale ‘Meme Index’

While Osmosis is shaping up to be one of the big trades in 2025, the new presale Meme Index is blazing a trail as the first decentralized platform for the unpredictable meme coin market. Its presale token, $MEMEX, has raked in over $2 million so far, giving holders access to four curated indexes—Meme Titan, Meme Moonshot, Meme Midcap, and Meme Frenzy—offering a spectrum of risk and market exposure.

Meme Titan holds tokens with caps north of $1 billion, while Meme Midcap chases the riskier, sub-$250 million plays with potential underdog upside.

MEMEX
(MemeIndex)

Stakes are high for Meme Index! Early buyers can lock in $MEMEX for staking rewards at a staggering 5,631% dynamic APY, paid out at 380.5 tokens per Ethereum block. With 25% of tokens slated for rewards, liquidity stays in play for the long term.

Add to that the capped 15% presale supply at a starting price of $0.0149831, guaranteed to climb, and you’ve got a project that’s both audacious and alive with potential.

Get in on the Meme Index Craze Here!

RELATED: South Korea Delays 20% Crypto Tax For Third Time, Cites Regulatory Refinement

Join The 99Bitcoins News Discord Here For The Latest Market Updates

Disclaimer Icon
Disclaimer
Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
99Bitcoins may receive advertising commissions for visits to a suggested operator through our affiliate links, at no added cost to you. All our recommendations follow a thorough review process.

Free Bitcoin Crash Course

  • Enjoyed by over 100,000 students.
  • One email a day, 7 days in a row.
  • Short and educational, guaranteed!

Why you can trust 99Bitcoins

10+ Years

Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.

90hr+

Weekly Research

100k+

Monthly readers

50+

Expert contributors

2000+

Crypto Projects Reviewed

Google News Icon
Follow 99Bitcoins on your Google News Feed
Get the latest updates, trends, and insights delivered straight to your fingertips. Subscribe now!
Subscribe now
Isaiah Mccall
Isaiah Mccall
Crypto Analyst

Isaiah McCall is an ultramarathon runner and journalist for 99Bitcoins. He started at USAToday in 2019 and now has a Medium blog following of 30k+ and millions of views. Follow him at @AfroReporter Read More

Back to top