Ethereum has broken through the monthly resistance level
The breakthrough will drive Ethereum-related altcoins
Let’s summarize Ethereum-related altcoins
ETH layer2 :
ARB, OP, ZK, STRK, METIS, MANTA, CELO.MNT, MATIC, IMX, SKL, LRC, CTSI, BOBA, COMBO, MODE.
As ETH aims to become the global computer, the responsibility of Layer2 is to support the prosperity of the ETH ecosystem with high TPS and low GAS.
Its importance and value are self-evident. At the same time, Layer2 is the highest market cap sector in the ETH ecosystem. Most projects are also typical of the recently criticized low circulation and high FDV institutional coins. ARB, OP, and STRK, as three of the four major kings, all have FDVs exceeding 10 billion USD.
ETH staking/re-staking:
LDO, SSV, PRL, SD, FXS, ANKR, ETHEI, REZ
The LSD protocol mainly refers to the staking services related to nodes that emerged after ETH's Shanghai upgrade from POW to POS. LDO is the largest service provider, with the highest TVL in the network and a circulating market value of 2 billion. SSV is a relatively important infrastructure.
ETH established DEFI:
UNI, SUSHI, AAVE, COMP, CRV, MKR, LOTY
DEFI should be the most familiar to everyone. As the largest innovative sector in the last bull market, the applications of DeFi have permeated various aspects of daily chain activities. Due to the maturity of DeFi, this cycle is basically based on previous upgrades, and the level of innovation is somewhat lacking.
ETH meme:
PEPE, SHIB, SPX
Meme is a very strong sector in this bull market, holding a small amount is not a problem.
Others:
PENDLE
Pendle separates tokens into principal and interest for trading future earnings. Pendle has also recently experienced a dual surge in TVL and token price, making it a relatively innovative ETH DEFI project.