CHZ, AAVE, and UNI Trend as Bitcoin Rebounds, Ethereum's Scaling Innovations Draw Trader Attention

As Bitcoin rebounds, these altcoins and Ethereum's scaling innovations are drawing trader attention, signaling a pivotal moment for the broader crypto market.

Although Bitcoin price rebounded as it rose above $60,000, the real excitement in the market focused on a few altcoins.

According to Santiment data, traders are turning to the most discussed assets. Chiliz (CHZ), Aave (AAVE) and Uniswap (UNI) are currently gaining the most attention.

?️ Bitcoin rose above $60,000 again. Currently, traders are turning to altcoins. The distribution of the most discussed assets is as follows:

? @chiliz CHZ: Traders are excited about the upcoming PEPPER airdrop where new CHZ holders must stake a certain minimum amount.

— Santiment (@santimentfeed) October 10, 2024

Chiliz (CHZ), the fan token prepared for the upcoming 2024 World Cup, is attracting high interest due to the upcoming $PEPPER airdrop. To receive the new tokens, CHZ holders must stake a certain minimum amount. This increases discussions and activity about the token.

On the other hand, Aave (AAVE) draws attention with its integration into World Liberty Financial, a project linked to the Trump family. This collaboration aims to improve decentralized finance (DeFi) access and borrowing and credit services by using the Aave v3 protocol on the Ethereum blockchain. Thus, Aave further strengthens its important position in the DeFi industry.

UniSwap and Ethereum are in the Center

Finally, Uniswap (UNI) continues to be the center of attention with its newly launched Layer-2 network Unichain. This development caused a sharp increase in both prices and trading volumes and increased the market's confidence in the future of the platform as the leader of the decentralized exchange.

A very important day for Ethereum: Superchain and OP Stack become the ETH scaling solution.

This is evident from the fact that OP Stack chains handle a large portion of L2 transactions. Also more chains are coming to Superchain.

Superchain will eliminate cross-chain migrations and fix fragmentation. pic.twitter.com/2i6YEDgD0E

— Ryan Wyatt (@Fwiz) October 10, 2024

Meanwhile, Bitcoin's rebound along with altcoins and Ethereum's scalability innovations are attracting interest from traders, marking an important moment for the broader crypto market. However, Ethereum remains in the spotlight due to its efforts to increase its scalability.

Optimism is known as an Ethereum scaling solution and with its latest airdrop, there was an increase of up to 38,000 active addresses. This figure was the highest level since September 2023.

According to IntoTheBlock data, active addresses on Optimism reached 38,000 yesterday with the network's latest airdrop, making it the highest number of active addresses on the network.

In addition, the number of addresses with zero balance increased to 4,420. This shows that many wallets sell airdrop tokens immediately after receiving them. https://t.co/dSwkPQwN6d pic.twitter.com/KXnwgTP1qq

— IntoTheBlock Turkish (@intotheblocktr) 10 October 2024

Meanwhile, Optimism experienced an increase of up to 38,000 in active addresses with its latest airdrop, while many wallets appear to be selling airdrop tokens immediately after receiving them. Following the increase in active addresses, the number of addresses with zero balance increased to 4,420.

The above is the detailed content of CHZ, AAVE, and UNI Trend as Bitcoin Rebounds, Ethereum's Scaling Innovations Draw Trader Attention. For more information, please follow other related articles on the PHP Chinese website!