Cosmos Hub (ATOM) News Today: Why ATOM Is Up – 05 November 2026
Cosmos Hub news today centers on governance, as community pool voters approved a plan to move the pool's Noble-issued USDC into Injective-native tokens. ATOM is at $1.51, up 7.80% over 24 hours. Proposal 1060 passed on Nov. 3 with 62.38% support. It covers 566,067.055810 USDC.n, the pool's full Noble-issued balance, and calls for a four-of-six multisig to use Skip:Go for the conversion. The resulting USDC.inj is to be returned to the community pool. The deadline is set by Circle, which plans to suspend the Noble USDC contract and associated cross-chain routes on January 12, 2027.