Due to the bullish continuation pattern, several analysts believe that Cosmos (ATOM) can record significant gains in the upcoming weeks. As per Messari, nearly 64% of the current ATOM supply is staked. The rising number of staked ATOM tokens has been pushing its price upward, Pentoshi notes. Meanwhile, another analyst, 'Bluntz,' anticipated that ATOM would continue its rally upward based on similar gains posted by its rival, Avalanche (AVAX), earlier this year.