Whereas Bitcoin continues to soak up a lot of the cryptocurrency market liquidity, its dominance dipped by 0.65 factors to 59.56% prior to now 24 hours, as in the present day’s Altcoin Season Index (ASI) studying of 34/100 alerts elevated capital rotation into altcoins.
The general crypto market rose 0.52% within the final 24 hours, aligning with a 5.76% weekly achieve. This was pushed by institutional ETF demand, with Bitcoin and Ethereum-backed funds seeing $280.7 million and $461 million in internet inflows on August 7 and eight. The full belongings underneath administration (AUM) for spot Ethereum ETFs hit $23.38 billion, and the merchandise managed to reverse the $465 million outflow from August 4. The absorption of promote stress and institutional conviction has renewed investor confidence in altcoins and particularly DeFi-linked belongings.
In the meantime, $105 million in Ether quick positions had been liquidated as ETH broke above $4,000, its highest stage since January. Technical indicators just like the Coinbase Premium Index, which has been up since April, present robust US institutional shopping for via ETFs and company treasury adoption. Excessive leverage in derivatives buying and selling has amplified upside volatility for alts. ETH’s capability to carry $4,100 can be essential for the altcoin market, and a breakout may goal the Fibonacci extension at $4,500, strengthening the case for an ‘Altcoin Season’.
Finest Crypto To Purchase Now
| Token Title | 24h Worth Change | Present Worth | 2025 Worth Vary (Low–Excessive) | Avg. 2025 Worth | Projected ROI vs Present Worth | Key Drivers / Information |
|---|---|---|---|---|---|---|
| Heima (HEI) | +44.6% | $0.5513 | $0.337 – $0.491 | $0.375 | -11.89% | Upgrades to chain abstraction layer (ERC-4337, Wildmeta integration), cross-chain DeFi adoption |
| Aerodrome Finance (AERO) | +20.9% | $1.07 | $0.7118 – $1.032 | $0.7906 | -3.30% | Coinbase in-app DEX integration, surge in Base-native token demand, TVL $556M |
| Pendle (PENDLE) | +4.31% | $5.50 | $5.51 – $5.56 | $5.54 | +2.59% | KHYPE market TVL $177M, Ethena partnership for USDe yield methods, TVL $5.2B |
| Wormhole (W) | +15.13% | $0.09362 | $0.06239 – $0.09052 | $0.06931 | -3.04% | Partnership with Mento Labs for cross-chain FX stablecoins, Coinbase itemizing |
| Velodrome Finance (VELO) | +32.88% | $0.06412 | $0.043296 – $0.06403 | $0.048397 | -0.48% | Surpassed $500M quantity on Unichain, excessive LP APRs (as much as 1,095%), cross-chain growth |
1. Heima (HEI) – At this time’s Finest Performing DeFi Token
Decentralized identification and privateness options supplier Heima Community noticed the value of its HEI token rise 34.38% within the final 24 hours, outpacing the broader crypto market’s achieve. Key drivers behind the rally embody infrastructure improvement, bullish technical momentum, and heightened buying and selling exercise.
On August 4, the Heima workforce introduced main upgrades to its chain abstraction layer, together with help for ERC-4337 customary good contracts and integration with the decentralized crypto perpetuals buying and selling app Wildmeta. This replace positions HEI as a backend resolution for cross-chain DeFi, probably rising its adoption.
HEI’s 24-hour buying and selling quantity surged 474% to $76.6 million, with its volume-market cap turnover ratio at 1.93 signalling excessive liquidity however speculative buying and selling. Its worth has damaged above the 7-day SMA at $0.415 and 30-day SMA at $0.37, with the 7-day RSI at 72.07 indicating that HEI is at the moment in overbought territory. The value rallied from $0.348 to $0.484 earlier than stabilizing close to $0.519. This breakout aligns with Fibonacci extension targets $0.559 and $0.722, attracting momentum merchants.
Retail merchants possible amplified the rally, however the overheating HEI market suggests short-term pullback dangers if shopping for stress eases, as elevated volatility usually precedes sharp corrections. An in depth above the 61.8% Fibonacci extension of $0.489 may lengthen Heima’s beneficial properties, however a drop under the 38.2% Fib retracement of $0.412 might set off profit-taking.
On the time of writing, Heima (HEI) is buying and selling at $0.5513, up 44.6% within the final 24 hours. In accordance with our technical-based evaluation, in 2025, we count on HEI to vary fingers in a buying and selling channel between $0.337 (low) and $0.491 (excessive), resulting in a mean annualized worth of $0.375 for the token, and an ROI of -11.89% in comparison with Heima’s present charges.
2. Aerodrome Finance (AERO)
AERO, the native token of Aerodrome Finance, a next-generation automated market-maker (AMM) designed to function the central liquidity hub for Base Chain, surged 16.07% within the final 24 hours. The rally, which resulted in an extension of its weekly beneficial properties by 31.48%, was led by the Coinbase DEX help on Base, technical breakout, and rising momentum for Base Chain-native tokens.
On August 8, US crypto change Coinbase introduced the launch of in-app decentralized change on Base, with transactions routed via Aerodrome. This integration grants greater than 100 million Coinbase customers entry to thousands and thousands of Base-native tokens, bypassing conventional itemizing delays. Coinbase’s DEX function has elevated demand for AERO, with its 24-hour buying and selling quantity surging 273.54% to $245.05 million. Aerodrome’s position because the main DEX on Base, with $556 million in total-value-locked (TVL), positions it to seize charges and liquidity from new customers.
Base-native tokens rose 4.5% following the information, with AERO main the chart. The ecosystem’s market capitalization hit $65 billion. Buyers now see Base as a hub for institutional-grade DeFi, boosting demand for Aerodrone Finance, with its buying and selling quantity even surpassing high swimming pools on Solana.
AERO broke previous its 23.6% Fibonacci retracement stage of $1.02, hitting its highest worth level since December 2024 at $1.06. Nevertheless, its 14-day RSI of 80.48 alerts overbought circumstances. The breakout additionally aligns with a 3-month ascending channel, which is focusing on the 50% Fib stage at $1.31. Nevertheless, larger RSI and the MACD histogram rising to +0.012 ought to be taken as a warning, because it dangers a short-term pullback if profit-taking comes into play. Holding above the $1.02 pivot level can be key for AERO.
On the time of writing, Aerodrome Finance (AERO) is buying and selling at $1.07, up 20.9% within the final 24 hours. In accordance with our technical-based evaluation, in 2025, we count on AERO to vary fingers in a buying and selling channel between $0.7118 (low) and $1.032 (excessive), resulting in a mean annualized worth of $0.7906 for the token, and an ROI of -3.30% in comparison with Aerodrome’s present charges.
3. Pendle (PENDLE)
On-chain yield tokenization and buying and selling platform Pendle (PENDLE) rose 6.4% over the past 24 hours, extending its 41% weekly beneficial properties. The rally aligns with rising market momentum for DeFi merchandise and protocol-specific catalysts.
On August 8, KHYPE – a receipt token acquired in change for staking HYPE on Hyperliquid – turned the most important market on Pendle with a TVL of $177 million and day by day buying and selling quantity of $67 million. Hyperliquid’s speedy development within the DeFi sector validates Pendle’s position in tokenizing rising yield markets. Increased TVL ends in elevated protocol charges, additional incentivizing PENDLE accumulation.
This occasion coincided with Ethereum reclaiming the coveted $4,000 mark, additional amplifying demand for DeFi tokens like PENDLE. Sustained post-launch quantity and Hyperliquid’s validator efficiency can be key for Pendle.
In the meantime, Pendle introduced a strategic partnership with Ethena, permitting customers to lock the USDe stablecoin on the platform for fastened yields, borrow in opposition to the Principal Token (PT) – which represents possession of the principal quantity of a yield-bearing asset on Pendle – via Aave, and open loop positions for compounded returns. This creates a reflexive demand for the $4.3 billion value of USDe locked on the platform, producing charges and enhancing governance utility for PENDLE. The arbitrage of Aave’s decrease borrowing prices in comparison with PT’s yields attracts capital, and this technique has already contributed to USDe’s $3.7 billion provide development within the final 20 days.
Whereas PENDLE’s RSI of 70 hints at overbought circumstances, the protocol’s fee-driven tokenomics and $5.2 billion value of TVL may present it with elementary help. Merchants ought to hold an in depth eye on whether or not the token will be capable to break previous the $5.50 resistance, a stage that triggered worth reversals in July, or consolidate close to $5.20.
On the time of writing, Pendle (PENDLE) is buying and selling at $5.50, up 4.31% within the final 24 hours. In accordance with our technical-based evaluation, in 2025, we count on PENDLE to vary fingers in a buying and selling channel between $5.51 (low) and $5.56 (excessive), resulting in a mean annualized worth of $5.54 for the token, and an ROI of two.59% in comparison with Pendle’s present charges.
4. Wormhole (W)
Wormhole, the main cross-chain interoperability protocol for Ethereum, Solana, Optimism, and Arbitrum, noticed the value of its native W token surge 15.09% over the past 24 hours, outpacing the broader crypto market’s 1.16% achieve. The rally, pushed by a mixture of strategic partnerships, change momentum, and bullish technical alerts, provides to its 27% weekly development.
On July 29, Wormhole introduced a partnership with Mento Labs to allow multichain stablecoin transfers for decentralized overseas exchanges (FX), focusing on the $7.5 trillion world FX market quantity. This integration would permit Mento Labs to maneuver 15+ stablecoins throughout 40 completely different blockchains. Since its launch in 2020, Wormhole has processed greater than $60 billion in cross-chain transactions, and the rising institutional demand for on-chain FX may enhance W’s utility as an interoperability layer, driving charge accrual for stakers. Q3 outcomes of Mento’s FX platform and development in stablecoin quantity can be key for the W worth.
The July 2 itemizing of W on Coinbase unlocked deeper liquidity for Wormhole, with its 24-hour buying and selling quantity now sitting at $130 million, a 243% enhance from yesterday. Improved centralized change (CEX) publicity attracts retail merchants, however the “Coinbase impact” usually triggers short-term pumps adopted by corrections if W’s fundamentals lag. One other concern is that 88% of the token’s provide is held by whales, which raises volatility dangers.
W broke above its 30-day SMA of $0.083 and the 23.6% Fibonacci stage of $0.095. Its MACD histogram turned constructive on August 7, signalling accelerated upside worth momentum. Though short-term merchants are chasing the breakout, Wormhole’s excessive RSI at 70.23 (overbought) suggests an overheating market. An in depth above $0.095 may goal the 127.2% Fib extension at $0.113, whereas failure dangers a pullback to the $0.085 help.
On the time of writing, Wormhole (W) is buying and selling at $0.09362, up 15.13% within the final 24 hours. In accordance with our technical-based evaluation, in 2025, we count on W to vary fingers in a buying and selling channel between $0.06239 (low) and $0.09052 (excessive), resulting in a mean annualized worth of $0.06931 for the token, and an ROI of -3.04% in comparison with Pendle’s present charges.
5. Velodrome Finance (VELO)
The value VELO, the native token of Optimism-based AMM and liquidity platform Velodrome Finance, surged 30.76% within the final 24 hours. The principle catalysts behind its rally are cross-chain ecosystem development, elevated liquidity supplier (LP) incentives, and technical breakout.
On August 5, Velodrome Finance surpassed $500 million in on-chain quantity on Unichain – an interoperable layer-2 blockchain constructed on the Optimism Superchain. This feat comes simply two weeks after launch and follows final month’s rollout of the Superswaps function, which enabled frictionless cross-chain swaps on Velodrome by way of Hyperlane. Growth to different blockchain protocols is predicted to drive up protocol income whereas rising VELO’s utility as a governance token. Increased quantity usually correlate with demand for staking and voting by way of vVELO tokens.
Velodrome’s Slipstream token swimming pools supply as much as 1,095% APR for LPs within the WETH/ANITA and USDT/WETH pairs. The platform has a TVL of over $92 million locked throughout varied Optmisim Superchain deployments. Increased yields is especially bullish for VELO as a result of it attracts capital, and will increase protocol charges and purchase stress for the token. Nevertheless, such APR ranges are sometimes unsustainable within the long-term, and a drop within the price may set off exits.
VELO broke above the 23.6% Fibonacci retracement of $0.06068 and its 200-day EMA of $0.063042. The token’s 7-day RSI at 67.39 is nearing overbought circumstances however is just not excessive, however the MACD histogram at -0.00017 reveals bearish divergence. Velodrome should keep $250 million in weekly buying and selling quantity on newer blockchains and shut above $0.0655 to focus on $0.0712 on the 127.2% Fib extension, extending its beneficial properties.
On the time of writing, Velodrome (VELO) is buying and selling at $0.06412, up 32.88% within the final 24 hours. In accordance with our technical-based evaluation, in 2025, we count on VELO to vary fingers in a buying and selling channel between $0.043296 (low) and $0.06403 (excessive), resulting in a mean annualized worth of $0.048397 for the token, and an ROI of -0.48% in comparison with Pendle’s present charges.
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Closing Ideas
The tokens talked about on this article – Heima (HEI), Aerodrome Finance (AERO), Wormhole (W), Pendle (PENDLE), and Velodrome Finance (VELO) – are among the many finest performing cryptocurrencies in the present day. Their rallies had been pushed by a mixture of things, from strategic partnerships to hightened buying and selling quantity on their respective DeFi platforms.
The principle catalyst behind their surge is ETH’s worth, which is closing in on $4,200. This led to improved investor confidence in altcoins, particularly Ethereum-based tokens and DeFi platforms. The Altcoin Season Index managed to tick as much as 34/100, nonetheless in Bitcoin Season territory, however slowly clawing again on BTC’s market dominance, which dropped under 60%.
Readers ought to be aware that whereas cryptocurrencies could be profitable investments, they’re extremely speculative and unstable belongings. Do cautious analysis and absolutely perceive the aim and utility behind the aforementioned tokens, and search professional recommendation earlier than investing. Moreover, the contents of this text are for academic functions solely, and shouldn’t be construed as monetary recommendation.
