As ETH warms up, ecological projects are experiencing explosive growth, leading all ALT tokens. Which assets belong to 'Ethereum beta' and are worth paying attention to?
CRV
The DeFi sector rose nearly 20% last week, with Curve DAO token CRV leading the way. Curve is a foundational infrastructure for DeFi, and DeFi is a core use case for blockchain, with institutions rushing to enter the market.
CVX is the largest holder of tokens like CRV and FXS, possessing the rights to the corresponding protocol's yield. As the prices of the underlying tokens rise, the intrinsic value of CVX also increases.
RSR itself is a stablecoin concept, but its main market driver for growth was the nomination of Paul Atkins by Trump as the new SEC chairman. Paul Atkins also serves as an advisor to the RSR token, so RSR surged significantly after the news was released, with a 24-hour increase of over 100%. This announcement sends a clear signal to the market: the regulatory environment for the crypto industry is about to undergo significant changes.
FXS
Frax Finance is the second-largest holder of CVX. At the same time, it has an L2 chain Fraxtal, a stablecoin product FRAX, a dual-token model staking product (sfrxETH, frxETH), and lending products... it has everything. Frax has the opportunity to create a self-sufficient DeFi ecological flywheel. The ultimate form is a decentralized on-chain central bank (though it is still far from that now).
OMOM is a Layer 1 public chain focused on compliant RWA built using the Cosmos SDK. As an old coin that has already launched on Binance, it saw an increase of over 150 times last year.