The cryptocurrency market is entering an active cycle for altcoins, with Ethereum successfully breaking through the key level of $2700 early in the morning.
Despite the short-term correction risk on the technical side, once it stabilizes effectively, it is expected to usher in a new upward trend.
As an important indicator of market sentiment, Ethereum's strong performance may become a catalyst for the collective rebound of altcoins.
Based on the current market landscape, we recommend paying attention to two types of emerging projects with potential:
STO Protocol: As a decentralized liquidity solution, this project currently has a market value of $29 million and has completed $22 million in financing.
From a technical perspective, a stabilization signal has formed at the daily level, and combined with its yet-to-be-fully-released value potential, it is suitable as a mid to long-term stealth target.
KERNEL Ecosystem: The project is simultaneously laid out in both the Ethereum and BNB Chain ecosystems, supporting cross-chain staking functions. Currently, it has a market value of $31 million, with a financing scale of $10 million. Recently, it broke through a key resistance level on the daily chart, and early allocation may capture the value discovery window.
In the crucial phase of the altcoin market's launch, through precise layouts of high-potential projects, there is hope for effective asset appreciation.
