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▲ Altcoins, Sui (SUI), Cardano (ADA), Chainlink (LINK), Solana (SOL), Midnight (NIGHT), Bull Market/AI Generated Image
As the virtual asset market enters a new bull cycle, criteria for selecting key altcoins that will bring immense wealth, based on clear technological innovation and institutional capital inflow, have been presented.
On September 26 (local time), the cryptocurrency-focused YouTube channel Altcoin Daily uploaded a video selecting 8 promising cryptocurrencies leading technological completeness and financial infrastructure innovation, highlighting the market's capital migration trends. Zcash (ZEC), whose zero-knowledge proof technology was highly praised by Google co-founder Sergey Brin, was listed first, followed by Midnight, a privacy smart contract chain that Cardano founder Charles Hoskinson evaluated as a leap comparable to Ethereum relative to Bitcoin. Hoskinson emphasized, “Midnight is a powerful upgraded chain that can freely implement private smart contracts while maintaining the same level of privacy as Zcash.”
In the platform sector, Ethereum (ETH), which sees concentrated institutional capital inflow, and NEAR Protocol (NEAR), which successfully implemented sharding technology, are drawing attention. Ethereum is poised to achieve its best-ever third-quarter performance, with Wall Street financial institutions and private companies eagerly entering the space. Mert, who appeared on the Unchained podcast, diagnosed that just as Zcash is a privacy alternative to Bitcoin, NEAR Protocol is a chain that realized the sharding originally aimed for by Ethereum and a hub for chain abstraction.
The growth of high-speed Layer 1 blockchain Solana (SOL) and decentralized trading platform Hyperliquid is also prominent. Solana's daily dApp revenue exceeds the combined total of major trading platforms, accelerating capital accumulation. Rachel Conklin, Solana's Chief Strategy Officer, stated, “We are in the midst of a token super cycle where all value is becoming digitally native,” adding that “the entire traditional financial value chain, including stocks, funds, and private credit, is being reorganized on-chain.” In the US market, Hyperliquid's legitimate entry into the US is becoming a reality, thanks to regulatory reforms by Commissioner Michael C. Sellik, who authorized the first Bitcoin perpetual futures contract for a CFTC-registered exchange.
In the areas of institutional asset tokenization and AI infrastructure, Ondo Finance (ONDO) and Bittensor (TAO) have been selected as key assets. BlackRock, the world's largest asset manager, partnered with Ondo Finance to introduce an intelligent portfolio that allows direct trading of three types of portfolios as digital tokens, expanding the horizon of on-chain finance. Bittensor, while adopting Bitcoin's scarcity model of a fixed supply of 21 million units and a 4-year halving cycle, demonstrates immense growth potential with its unique structure that rewards excellent AI model developers instead of miners.
[Article Key Summary]
-Altcoin Daily selected 8 promising coins, including Zcash, Midnight, Ethereum, NEAR Protocol, and Solana, that are leading technological innovation and institutional adoption.
-Ondo Finance, which secured BlackRock's on-chain portfolio partnership, and Hyperliquid, which is pursuing entry into the US market, are leading the integration into mainstream finance.
-Bittensor was evaluated as a key asset to lead the token super cycle by combining Bitcoin's scarcity model with an AI ecosystem reward system.
*Disclaimer: This article is for investment reference only and does not take responsibility for investment losses based on it. The content should be interpreted for informational purposes only.*
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