1️⃣SEI (Sei): is a cryptocurrency designed to create a specialized trading environment optimized for decentralized finance (DeFi)
It’s price has seen significant growth recently rising 54.17% over the past month
Total Value Locked (TVL) & Open Interest have both been on the rise pointing to increased investor confidence
2️⃣TIA (Celestia): TIA is known as a Solana killer
SOL was developed to beat ETH & in turn, many other blockchains have come up to beat SOL. TIA is one such popular crypto project
3️⃣APT (Aptos): Aptos distinguishes itself in the crypto space with its innovative approach to transaction processing, scalability, & security, making it a versatile platform for dApps and NFTs
Its price is increasing due to all the positive buzz surrounding the project. (Franklin Templeton’s announcement about launching its OnChain U.S. Government Money Fund (FOBXX) on the APT blockchain)
4️⃣SUI: Sui’s focus on the DeFI sector is why so many investors are calling it the ‘Solana Killer’
Sui’s price has already increased almost 150% in 2024 on rapid adoption rates. An incoming expansion of DeFi could see it soar another 10x higher in 2025 and bring it into the range for toppling SOL
5️⃣EIGEN (EigenLayer): is a decentralized protocol that allows Ethereum stakers to "re-stake" their ETH, extending security and trust to new blockchain networks, applications, or protocols by leveraging Ethereum’s validator set.
The 2nd major token unlock for EIGEN on Oct. 15 released 6.01% of the token supply at $40.28mn (The first occurred on Oct 1st following the initial airdrop phase, which released 199.60 mn tokens worth $716.58mn at that time)
Crypto for beginners