What are the potential altcoins on the Ethereum chain?

Aave, Uniswap, Polygon, Synthetix and other Ethereum chain altcoins have potential due to technological upgrades and ecological expansion. Among them, AAVE benefits from V4 upgrades and institutional inflows, UNI has solid market share and liquidity innovation rebounds due to the stability of DEX market share and the recovery of liquidity innovation. MATIC cooperates with Starbucks to improve fundamentals with its progress in zkEVM. SNX relies on the expansion of synthetic assets and the support of high pledge rates, but they all face the risk of selling pressure brought by concentrated unlocking in August. We need to be wary of the impact of market volatility and Bitcoin linkage. We recommend diversifying investment and strictly controlling it.

What are the potential altcoins on the Ethereum chain?

Against the backdrop of the continuous expansion of the Ethereum ecosystem, some altcoins have shown growth potential due to technological breakthroughs or increased ecological activity. Combining authoritative platform data and market dynamics, the following currencies have high attention on the Ethereum chain but need to pay attention to risk control:

1. Aave (AAVE): DeFi lending leader

Aave's current price is $318.16, rebounding 42% from its low at the beginning of the year. Its core advantages include:

• Multi-chain TVL exceeded US$33.66 billion , dominating Layer 2 networks such as Optimism and Arbitrum
• V4 version has completed functional development, and will introduce privacy-protected lending and dynamic interest rate models, and it is planned to be launched in September.
• Coinbase launches USDC liquidity incentive program, and institutional funds continue to flow in

Technical aspects show that AAVE's RSI indicator rebounded to 58, and MACD is about to form a golden cross. If it stands firmly in support of US$300, the short-term target price can be seen to US$340-355. We need to pay attention to the impact of the selling pressure of Aave V3 governance token unlocking on August 18.

Mainstream Bitcoin Exchanges in 2025:

Ouyi official website:

Ouyi official app:

Binance official website:

Binance official app:

gate.io official website:

gate.io official app:

2. Uniswap (UNI): a benchmark in the field of DEX

Uniswap recently rebounded from a low of $8.5 to $10.6, and the technical side shows a double bottom pattern:

• Ethereum chain's 24-hour trading volume reached US$2.84 billion, accounting for 37% of the DEX market share
• Launching the liquidity NFT protocol UniswapX, allowing users to split LP tokens for refined management
• The proportion of institutional holdings increased to 18%, including asset management giants such as ARK Invest increased their holdings

On-chain data shows that UNI's RSI indicator has risen to 59.31, and OBV trading volume continues to increase. If it breaks through the $11 resistance level, the target price can be seen to $12.8. We need to be wary of the short-term fluctuations in UNI governance token unlocking on August 22.

3. Polygon (MATIC): Layer 2 expansion pioneer

MATIC is currently priced at $1.87, a 63% pullback from its all-time high, but fundamentals continue to improve:

• The daily active users on the chain exceeded 1.2 million, surpassing Optimism to become the second largest Layer 2 network
• Cooperate with Starbucks to launch the Web3 membership system, which has been connected to more than 5,000 stores
• zkEVM main network is about to be launched, supporting EVM full compatibility and privacy transactions

Analysts predict that MATIC is expected to return to the all-time high of $3.2 after the zkEVM upgrade. We need to pay attention to the 120 million token selling pressure unlocked by Polygon Ecological Fund on August 25.

4. Synthetix (SNX): the leader in synthetic assets

SNX is currently priced at $18.5, a 38% correction from its March high, but the DeFi ecosystem continues to expand:

• Synthetic asset issuance volume exceeds US$2.7 billion, covering 30 categories including US stocks and commodities
• Cooperate with Binance to launch cross-chain synthetic asset trading pairs, increasing liquidity by 40%
• The pledge rate remains above 700%, leading the protocol security industry

Technical aspects show that SNX's MACD indicator is about to cross. If it stands firmly in support of US$18, the target price can be seen as high as US$24. We need to pay attention to the market sentiment impact of SNX governance token unlocking on August 15.

5. Risk warnings and operation suggestions

The altcoin market fluctuates violently, so you need to pay attention to the following risks:

1. More than $670 million in Ethereum tokens will be unlocked in August, including AAVE (120 million) and UNI (89 million), which may trigger liquidity shocks
2. Some projects have centralized risks, such as SushiSwap team still holds 25% of the tokens that are not unlocked
3. Market sentiment is susceptible to Bitcoin price. If BTC falls below the key support of $110,000, the altcoin may pull back simultaneously

It is recommended to adopt a diversified investment strategy, with the position of a single currency not exceeding 8% of the total funds, and a 12% stop loss line is set. Focus on Aave's technology upgrades and Polygon's zkEVM progress.

Data source: CoinGecko, DeFi Llama, CoinMarketCap

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