Circle is about to IPO, which is the company behind USDC, with a valuation of approximately $7.2 billion. This is a landmark event in the crypto space, indicating that stablecoins are moving towards mainstream adoption and compliance.

Just like Coinbase's listing triggered a wave of interest in platform tokens, the stablecoin-related sector may also be ignited this time.

MKR

A well-established brand that has deep cooperation with USDC, it is the supporting project behind Dai, with a clear narrative, moderate market capitalization, and potential for upward movement.

ONDO

A popular representative of the RWA sector, the concept is solid, but its size is larger and may be more suitable for long-term holding, with average short-term explosive power.

ENA and CRV

These two can be directly bundled together as they are both part of the stablecoin protocol sector and have the highest market attention and trading volume.

In summary:

ENA is currently one of the few "hotspot overlay" projects, suitable for proactive positioning; MKR is steady and reliable; ONDO is relatively conservative but safe; CRV has already seen a significant rise earlier, and after a period of consolidation, another breakout is just a matter of time.

In conclusion, I choose ENA and CRV.