Ethereum's upgrade today, why does the market still seem sluggish? Simply put, a public chain like Ethereum, which steadily follows its development roadmap for technical breakthroughs and upgrades, makes every upgrade a step forward, widening the dimensional gap with other public chains.
It's like a factory; every time there is a technological iteration and machine update, it brings more efficient production capacity and lower-cost, more competitive products.
Such positive news is long-term, lasting, and lagging. It is certainly not like releasing a fleeting gossip news, which rises quickly but is then trampled even faster. Therefore, after the ETH upgrade, there will definitely be another wave of its own market.
3 best altcoins with the potential for a 10x surge about to explode!
SAFE
After experiencing a difficult period for numerous altcoins, Safe (SAFE) has finally made a strong comeback. In the past 24 hours, its price surged significantly, increasing by over 8.99%, reaching as high as $0.5383 before falling back to around $0.4825. Meanwhile, its market capitalization has grown to $279.99 million. Notably, its daily trading volume skyrocketed by 672.91%, reaching $110.24 million.
Safe is known for its top-tier smart account system based on the Ethereum Virtual Machine (EVM). It provides a powerful and flexible framework that supports over 200 decentralized applications and DeFi projects. Safe protects over $100 billion in digital assets, making it one of the most trusted platforms for developers and users. Its emphasis on security continues to attract attention and respect in the cryptocurrency field.
INJ
Injective shows better growth momentum through its decentralized financial protocol supporting derivatives and spot trading. Analysis indicates that INJ is a promising high-yield investment, as both protocol fees and trading volume have seen significant growth. The platform can collaborate with the Cosmos and Ethereum networks, stimulating more ecosystem participation. The updates implemented by Injective focus on capital optimization and trader reward programs to expand its market share among cryptocurrency traders.
CAKE
PancakeSwap (CAKE) is a decentralized exchange based on the BNB chain, offering features such as swaps, staking, yield farming, predictions, and NFTs. It supports multiple chains, providing gaming, liquid staking (wBETH), and a token issuance platform. The platform is known for rapid innovation, frequent product releases, and strong community governance.
CAKE is the native token used for staking, rewards, governance, and fee sharing. Its tokenomics follows a deflationary model (ultrasound CAKE), with more than 100% of the issuance destroyed weekly—the protocol revenue, long lock-up periods, and reduced issuance support the value of CAKE.
