Let’s take a deeper look at the top 10 altcoins that are receiving the most institutional attention.
1.HYPE
HyperLiquid is a decentralized exchange (DEX) designed for perpetual futures with a fully on-chain order book. DeFiLlama reported over $12 billion in trading volume and $8.6 million in revenue in December.
2.ENA
Ethena’s USDE stablecoin is backed by hedged positions in Bitcoin and Ethereum, providing yield through staking. ENA is currently trading at $1.07, up 16% this week.
3.VIRUAL
Virtuals Protocol is built on Ethereum’s layer 2 network and can create tokenized AI agents, making the platform a frontrunner in fusing AI with blockchain.
4.JUP
As the top DEX aggregator on Solana, Jupiter has the highest total locked value (TVL) on the network.
5.GTO
Gito is a liquidity staking protocol on Solana that has shown impressive growth, generating over $550 million in revenue in 2024.
6.TON
Backed by Telegram, Toncoin has gained attention for its decentralized application (dApps) ecosystem and its utility as a payment solution among Telegram's large user base.
7.SOL
Known for its scalability and low transaction costs, Solana continues to attract institutional interest, especially for its growing ecosystem of dApps and DeFi projects.
8.ONDO
Ondo Protocol is a little-known startup focused on financial derivatives, providing unique hedging and trading tools.
9.LINK
Chainlink is a veteran in the space and remains a top choice for its role in powering DeFi and smart contracts with reliable Oracle services.
