Ethereum has broken through the monthly resistance level
The breakthrough will drive the Ethereum-based altcoins
Summary of 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 role 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 highest market capitalization sector within the ETH ecosystem. Most projects are also typical of 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 ETH's Shanghai upgrade from POW to POS. LDO is the largest service provider, possessing the highest TVL in the entire network, with a circulating market value of 2 billion. SSV is a relatively important infrastructure.
Veteran ETH DEFI:
UNI、SUSHI、AAVE、COMP、CRV、MKR、LOTY
DEFI should be the most familiar to everyone. As the largest innovation sector in the last bull market, the applications of Defi have spread to various aspects of on-chain daily life. Due to the maturity of Defi, this cycle is basically based on previous upgrades, and the level of innovation is somewhat lacking.
ETH meme:
PEPE、SHIB、SPX
Meme is a very 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. Pendle recently experienced a dual rise in TVL and token price, making it a relatively innovative ETH DEFI project.