Despite the negative trend, some altcoins showed strong resilience and delivered notable gains to their investors. Here are the 5 altcoins that stood out in the past 24 hours:

0G (0G) – Rising Star in Layer-1

The Layer-1 blockchain 0G has recently become one of the most notable projects in the market. The project delivered significant gains to investors with a 25.7% price increase in a short period.

Key factors behind 0G’s rise:

• Increased accessibility through new exchange listings,
• Expanding user base via airdrop campaigns,
• Rapid ecosystem growth boosting investor confidence.

As a result, 0G’s market cap reached $1.3 billion. Dubbed a “hidden giant” in the crypto community, upcoming integrations could push its price even higher.

Aster (ASTER) – Surge Following Rebranding

Formerly known as APX, the project underwent a rebranding on September 17, continuing as Aster (ASTER).

The change sparked investor interest dramatically. ASTER’s price surged from $0.20 to $1.68 in just a week—a rise of over 1,000%.

Factors behind the surge:

• Whale activity: On September 21, a single investor bought $4.44 million worth of tokens,
• Anticipation of Binance listing policies,
• Psychological support following rebranding.

Despite the astronomical rise, ASTER remains highly volatile. Risk management is crucial for investors during such rapid movements.

Avalanche (AVAX) – Strengthened by ETF Expectations

Avalanche (AVAX), one of the major Layer-1 projects, rose 14% in the past 24 hours, catching investors’ attention again.

The main driver: Bitwise’s AVAX spot ETF application to the U.S. Securities and Exchange Commission (SEC). ETF approval processes have historically triggered significant price movements for Bitcoin and Ethereum.

Strengths of AVAX:

• Low fees and high speed,
• Broad DeFi ecosystem,
• Strong institutional interest.

AVAX tested $36 recently and resumed its upward trend after a brief correction.

ether.fi (ETHFI) – Strong Moves in Staking Ecosystem

ether.fi (ETHFI), offering staking services in the Ethereum ecosystem, provided investors with an 11.5% gain over the past 24 hours.

The surge was driven by the platform’s recently announced buyback program, which reduced token supply and created upward price pressure.

ETHFI could gain more prominence as demand for “secure staking” solutions on Ethereum continues to rise. The project aims to provide individual investors with safer and more transparent staking options.

Mantle (MNT) – Bridging Traditional Finance and DeFi

Mantle (MNT) aims to serve as a bridge between traditional finance and DeFi. The altcoin rebounded 8.8% in the past 24 hours and stands out with a strong market capitalization.

MNT’s price has been trading around $1.60–$1.70 for some time. This strong support reinforces investor confidence in the project.

Notable aspects of Mantle:

• Major institutional partnerships,
• Flexible infrastructure solutions,
• User-friendly DeFi integrations.

Are New Opportunities Emerging in Altcoins?

The crypto market has been volatile recently. While declines in Bitcoin and Ethereum caused short-term panic, some altcoins have rebounded strongly, attracting investor attention.

Notably, 0G’s rise, ASTER’s astronomical surge, and ETF expectations for AVAX have brought renewed optimism to the market. However, given the high volatility, careful risk management remains critical for investors.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube and Twitter channels for the latest news and updates.

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According to experts at Nansen, an analytics platform, Avalanche has seen an increase of over 66%, reaching over 11.9 million. It was noted that the transactions came from over 181,000 active wallets. These increases have brought Avalanche to the forefront among other blockchains and attracted attention to its weekly transaction growth. In fact, this rapid growth has led to AVAX being considered the fastest-growing platform among smart contract platforms.

U.S. Government Data Now on the Blockchain

This rapid increase on Avalanche coincided with the blockchain initiative launched by the U.S. Department of Commerce. The Department announced that it would publish real Gross Domestic Product data directly via the blockchain. The rise coincided with this announcement. Officials have described this initiative as demonstrating that U.S. economic data is immutable. They have also defined it as a historic step that makes it even more accessible globally. It has been emphasized that this decision is highly consistent with President Donald Trump’s plan to make “the U.S. the blockchain capital of the world.”

Commerce Secretary Howard Lutnick stated that blockchain has great power to protect critical data and information. His statement on this matter is as follows:

“We plan to make the realities of the U.S. economy immutable in an unprecedented way and equally accessible globally.”

Investor Interest Continues to Grow

The announcement made by the US government has generated significant credibility. This has led those closely following the market to believe there is a connection between Avalanche’s growth and the development of a natural environment. Luigi D’Onorio DeMeo, Chief Strategy Officer at Ava Labs, highlighted some technical details on this matter. He specifically mentioned the momentum gained by the increased activity on Avalanche’s Layer-1 chains and stablecoin transfers made through the C-Chain.

Institutional investors are showing as much interest in Avalanche as individual investors. Grayscale has filed an updated spot ETF S-1 application. This development has led to some news about AVAX’s capital inflows receiving intense attention.

Avalanche Leads Its Competitors

Among the chains experiencing significant growth, Starknet stands out with 37% and Viction with 35%. However, Avalanche is arguably the clear leader in this field. This shows that it has left its competitors behind. Meanwhile, the Coinbase Base network has reached a high transaction volume of 64 million. This is considered the highest raw transaction count. Despite intense competition, Avalanche has achieved a high adoption rate. The combination of its speed and recognition by the US government has made it a pioneer in this field.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

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