Ethereum has broken through the daily resistance level
The breakthrough will drive Ethereum-based altcoins
Let's summarize 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, Layer2's responsibility 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 segment in the ETH ecosystem. Most projects are also typical of the recently criticized low circulation high FDV institutional coins. ARB, OP, 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 from POW to POS. LDO is the largest service provider, holding the highest TVL in the network, with a circulating market cap 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, Defi applications have spread to all aspects of daily on-chain activities. Due to the maturity of Defi, this cycle is basically based on previous upgrades, lacking innovation.
ETH meme:
PEPE, SHIB, SPX
Meme is a very strong sector in this bull market, holding a small amount is not an issue.