Altcoin season continues to reward tokens with robust catalysts and sufficient depth for bigger orders. Liquidity is rotating towards initiatives that convert consumer exercise into regular flows slightly than counting on one-off strikes.
In the present day, that filter factors to PancakeSwap, MYX Finance, and EigenLayer. Every identify is advancing for a unique cause. DeFi tokenomics, derivatives hypothesis, and a brand new AI perform in restaking are driving curiosity on the similar time.
PancakeSwap (CAKE): Provide Burns And Cross-Chain Entry
CAKE is presently buying and selling close to $3.8, up by 14% in 24 hours. The transfer builds on Tokenomics 3.0, which continues to shrink provide by means of month-to-month burns. August recorded about 2.7M CAKE eliminated, extending a two-year streak underneath the present mannequin. That schedule hyperlinks buying and selling exercise to charge burns and helps worth throughout energetic classes.
Distribution has widened as PancakeSwap added Cross-chain Swaps for Solana in late September. Customers can swap throughout seven networks from one interface, which funnels extra orders by means of CAKE markets.
Product posts additionally element a broader toolkit overlaying routing, perpetuals, and liquidity options that maintain quantity engaged. These additions assist clarify why CAKE stays a frequent goal throughout altcoin season.
MYX Finance (MYX): Buying and selling Swings and Airdrop Dispute
MYX is priced round $5.45, up by 9.4% in 24 hours. Turnover stays excessive after a fast multi-week climb. Worth motion is risky due to an airdrop dispute that surfaced in September.
MYX Worth (Supply: CoinMarketCap)
Evaluation alleged that clustered wallets claimed about $170M of tokens, calling it a big sybil occasion. MYX publicly denied fraud or manipulation and stated rewards got here from actual buying and selling and liquidity exercise. The dispute retains screens energetic and helps clarify sharp intraday swings.
Derivatives positioning has stayed busy round these headlines. Venue updates and sentiment trackers proceed to flag the controversy, which merchants use to border short-term setups. If readability improves round distribution, MYX might see steadier flows. Till then, momentum stays the core driver throughout altseason classes.
EigenLayer (EIGEN): Restaking Meets AI Instruments
EIGEN is now buying and selling close to $2.00, up by 5% in 24 hours. Curiosity ties to rising restaking adoption and a brand new AI-oriented perform from EigenCloud.
The crew launched EigenAI and EigenCompute on mainnet alpha, a pair of companies that ship verifiable compute for AI brokers and long-running duties whereas preserving good contract-grade ensures. That pitch connects restaking safety to sensible AI workloads and has boosted consideration round EIGEN.
AI’s belief drawback ends immediately.
We're thrilled to launch two new companies, EigenCompute and EigenAI on EigenCloud. A brand new basis for constructing actually verifiable apps and brokers.
One of many largest upgrades to AI for the reason that launch of GPTs.
Extra↓ pic.twitter.com/2QBaR6d8uk
— EigenCloud (@eigenlayer) September 30, 2025
Public supplies point out a path the place Actively Validated Providers can run complicated jobs off-chain and nonetheless confirm outcomes on-chain. The launch message and the mission website each describe this mannequin, which supplies builders a path to mix Ethereum-level assurance with AI compute. That hyperlink between restaking and AI utility explains the present carry throughout altseason.
Altcoin Season Learn
These three tokens map the present stage of the altcoin season. PancakeSwap connects exercise to deflation by means of charge burns whereas increasing entry throughout chains. MYX captures derivatives power whereas a distribution dispute fuels buying and selling curiosity. EigenLayer provides an AI perform to restaking, which broadens the use case past pure infrastructure.
Observe-through will depend on participation. For CAKE, watch the subsequent month-to-month burn replace and whether or not cross-chain swaps maintain volumes. For MYX, observe alternate depth and any updates on the airdrop evaluate. For EIGEN, monitor developer adoption of EigenAI and EigenCompute and the variety of companies which can be onboarded. If these markers maintain, this rotation can proceed.
The publish Altcoin Season Index at 67: Rotation Places PancakeSwap, MYX Finance, and EigenLayer within the Highlight appeared first on Cryptonews.