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Crypto Market Soars: Layer-1 Projects Post Biggest Gains

Crypto market soars in Q4 kickoff. For more information on this topic, please visit CDS.

Crypto Market Soars Layer-1 Projects Post Biggest Gains
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Crypto Market Soars in Q4 Kickoff: Bitcoin, Solana, and Aptos Dominate Gains

Due to Bitcoin’s historic spike and the excellent performance of other prominent altcoins, the cryptocurrency market got off to a great start in the fourth quarter. The Layer-1 sector, which includes tokens like Solana (SOL), Avalanche (AVAX), BNB, Sui (SUI), and Aptos (APT), improved 12.54% between September 29 and October 5, surpassing all other categories, according to Velo statistics.

On the other hand, the Layer-2 industry increased by 11.32%, but DeFi, AI, and gaming tokens experienced lesser movements of 5% or less. In addition, CoinGecko data indicates that Bitcoin, Ethereum, Solana, and BNB all recorded double-digit weekly gains, with Aptos leading the field after rising 25.3% to $5.32 today.

Institutional Demand and Macro Tailwinds Signal Strong Q4 for Crypto Markets

As institutional investors reiterate their faith in digital assets, market sentiment keeps getting better. According to users on prediction market Myriad, there is an 83% chance that Aptos will stay over $5 until the beginning of October. Georgii Verbitskii, the founder of TYMIO and a derivatives trader, stated that the beginning of October validated the continuous upward trend and that rising gold prices and reducing interest rates are establishing a sound macroenvironment. He pointed out that ongoing inflows into cryptocurrency markets are being supported by a combination of reduced yields and a risk-on attitude.

October has kicked off with a strong move, another confirmation of the uptrend. With gold rising and rates easing, the setup looks very healthy,

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Verbitskii

According to CoinGlass data, the last quarter of the year has historically been positive for Bitcoin, yielding a median Q4 return of 52%. Investors are hopeful that the market will continue to grow until the end of the year due to this historical pattern and rekindled institutional interest.

Solana Tops Charts as Layer-1 Networks Take Center Stage in Market Recovery

Although there is increasing hope, economists warn that the cryptocurrency rally this cycle will be selective rather than widespread. Verbitskii believes that rather than an alt season, only excellent Layer-1 projects will propel the next stage of growth. With the help of robust network foundations and developer engagement, Solana continues to do exceptionally well among these.

If current momentum holds. Solana could realistically target the $300–$400 range by year-end. 

Verbitskii

This supports the idea that Layer-1 assets are taking back market leadership. Blockchain ecosystems that are scalable and fundamentally sound and able to support long-term adoption are attracting the attention of investors.

For more up-to-date crypto news, you can follow Crypto Data Space.

Crypto Market Soars: Layer-1 Projects Post Biggest Gains
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