The Osmosis (OSMO) cryptocurrency has seen a 14% price increase in the last 24 hours and a 76% increase over the past week, according to CoinGecko data. This surge in OSMO's value is believed to be linked to the merger of the Osmosis team with Umee, another network within the Cosmos ecosystem. Umee's assets are valued at $17 million, and Umee's token price has increased by 380% in 2023, contributing to the successful merger. According to DeFiLlama, Osmosis assets are estimated at $142 million.

As of the time of writing, the OSMO price has reached $1.46, and NewsBTC observers anticipate it may reach $2 by the end of December. It's worth noting that this is the highest Osmosis price level since July.

Furthermore, other projects within the Cosmos ecosystem are also experiencing growth. For instance, THORChain has become a leader in the DeFi exchange segment, with its Total Value Locked (TVL) estimated at over $900 million.

This growth in Cosmos ecosystem projects indicates that cryptocurrencies operating on this platform are attracting increasing attention from investors and users. Integrations and mergers among various projects in this ecosystem are also contributing to their long-term sustainability and development.