Ethereum breaks through $3000, the altcoin season cycle is coming
BTC - continues to break upwards to $77000, it is worth mentioning that BlackRock's Bitcoin ETF has now surpassed its gold ETF in size, new records are being set, and higher ATHs are not far away.
ETH - After three months, Ethereum finally stands above the $3000 mark. Bitcoin has reached a historical high, while Ethereum has not yet. Do not listen to others who say "this time is different"; believe that Ethereum will catch up and eventually form muscle memory.
SOL - Solana has risen above $200 for the first time since March, the ecosystem is flourishing, and meme chains are thriving, proving to be the strongest public chain leader, looking forward to higher.
BNB - BNB has also begun to move, successfully breaking through $600. As mentioned before, it seems that new mining projects are about to emerge.
TON - With the overflow of funds, TON ecosystem projects are also experiencing a strong rebound, with projects like HMSTR, DOGS, NOT successfully making it to today's gainers list.
MNT - Unlike other L2 tokens, they have developed and incubated mETH, cmETH (COOK), and FBTC. They have created many earning opportunities on-chain for users and MNT holders, making it a noteworthy project in this cycle.
RAY - The main liquidity DEX on Solana, with trading volume larger than UNI, token yields higher, and valuations lower.
ENA - Wintermute hopes to share protocol revenues with token holders, reducing US DE rewards, but aligning the incentives of holders with protocol growth, which is quite good.
AERO - Data from trading, active wallets, and TVL growth indicate that Base occupies a major position in the Ethereum system. AERO is the best utility project on Base, successfully surpassing Uniswap with trading volume continually breaking historical highs and sharing profits with the community.
If you believe ETH will perform well, then Base will also perform well; if Base performs well, then AERO will also perform well.
ORCA - Can be seen as the Beta version of RAY, Orca handles a large amount of trading volume on Solana and should not be underestimated in my opinion.
INST - The new mechanism of Lending + DEX + Vault maximizes capital efficiency, and among many old DeFi projects, it can be considered a new bloom from an old tree, tripling in just a few days.
GRASS - Slightly retreated, after a near half-month rally, it is expected to consolidate for a while.
