Ethereum has broken through the daily resistance level

This breakthrough will drive the Ethereum-based altcoins

Let’s summarize the Ethereum-based 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 sector with the highest market capitalization in the ETH ecosystem. Most projects are also typical of the recently criticized low circulation high FDV institutional coins. ARB, OP, and STRK, as three of the four kings, all have FDVs exceeding 10 billion USD.

ETH staking/re-staking:

LDO, SSV, PRL, SD, FXS, ANKR, ETHEI, REZ

LSD protocols mainly refer to the staking services related to nodes that emerged after the ETH Shanghai upgrade transitioned from POW to POS. LDO is the largest service provider, holding the highest TVL in the network, with 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 spread to all aspects of daily on-chain activities. Due to the maturity of DeFi, this cycle is largely based on previous upgrades, lacking in innovation.

ETH meme:

PEPE, SHIB, SPX

Meme is a particularly 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 yields. Recently, Pendle has also seen both TVL and token prices rise, making it a relatively innovative ETH DEFI project.