Uptober is approaching, and while September has historically been a bad month for crypto, October tends to be better. In fact, since 2013, October has only had two red months compared to September’s three green months, although they were all single digits. With that in mind, let’s take a look at three altcoins that you should keep an eye on this October.
1. Radiant Capital (RDNT):
Radiant Finance is an active player in the DeFi space, specifically focusing on DeFi 3.0. They have created an omnichain money market that allows users to borrow and lend across various chains. This eliminates the need for isolated liquidity pools and addresses the fragmentation of capital in DeFi. Radiant uses Layer Zero for messaging and Stargate’s stable router interface for cross-chain interoperability. The project has seen an increase in daily active addresses and has upcoming catalysts like their mainnet launch on Ethereum and a Layer Zero Airdrop.
2. Hedera (HBAR):
Hedera is a smart contract platform that uses Proof of Stake for consensus. It offers Solidity-based smart contracts, Hashgraph consensus for pruning branches, and token services for configuring and managing tokens. Hedera is fast, energy-efficient, and secure, making it an attractive platform for developers. They have also partnered with major institutions like Mastercard and major banks, positioning themselves at the forefront of the development of a scalable ESG marketplace.
3. Astar (ASTR):
Astar Network is one of the leading chains on Polkadot and also supports Ethereum and Polygon. They recently introduced Astar 2.0 and expanded to Ethereum using the Polygon CDK. Astar supports Dapps for DeFi, NFTs, DAOs, and more, and stands out with its unique Build2Earn mechanism that rewards developers who build on the platform. They have gained traction with major partnerships and listings on exchanges like Bithumb and Huobi. Astar’s interoperability between EVM and WebAssembly environments makes it accessible for developers and businesses.
In conclusion, these three altcoins have promising developments and partnerships that make them worth watching in October. Let us know in the comments which one you like best or if you already hold any of these tokens.
By
By
By
By