Bitcoin (BTC) PRICE NOW: $60,655.8200000024h change: -3.96% Ethereum (ETH) PRICE NOW: $3,991.1900000024h change: -2.78% Binance Coin (BNB) PRICE NOW: $478.2000000024h change: -2.74% Cardano (ADA) PRICE NOW: $2.1550000024h change: -1.07% Solana (SOL) PRICE NOW: $201.1800000024h change: -1.95% XRP (XRP) PRICE NOW: $1.0865000024h change: -1.20% Polkadot (DOT) PRICE NOW: $44.2000000024h change: -2.01% USD Coin (USDC) PRICE NOW: $1.0002000024h change: 0.20% Dogecoin (DOGE) PRICE NOW: $0.2459000024h change: -0.05% Terra (LUNA) PRICE NOW: $42.7000000024h change: -5.14% Avalanche (AVAX) PRICE NOW: $66.2500000024h change: 2.41% SHIBA INU (SHIB) PRICE NOW: $0.0000280224h change: -0.81% Chainlink (LINK) PRICE NOW: $30.2600000024h change: 3.64% Wrapped Bitcoin (WBTC) PRICE NOW: $61,018.0000000024h change: -4.06% Uniswap (UNI) PRICE NOW: $25.6000000024h change: -3.60%
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The month of REKTember is finally over, and Uptober is in full bloom. As we enter the second week of October, the Crypto Fear & Greed Index has already jumped from ‘Extreme Fear’ to ‘Extreme Greed,’ underscoring the impact of the ongoing bullish run of most major cryptocurrencies. Following a slow and bearish market throughout September, prices of BTC, ETH, SOL, ADA, and several other prominent cryptocurrencies shot up during the first week of October. Seminal cryptocurrency bitcoin (BTC) is surging towards $58,000, its highest level in almost five months. Historically, October has always been a month of green candles and bullish momentum, and this year is no different. Despite China’s ongoing crypto crackdown, the SEC moving ETF applications forward and Federal Reserve Chair Jerome Powell’s note that the US won’t blanket ban cryptocurrencies helped spark a sharp upward recovery for major coins. Amid the prevailing market momentum higher, here are four promising blockchain projects that crypto investors, both retail and institutional, should consider this Uptober.   Platforms Shaping The Future Of Blockchain Tech And Crypto roject we would like to mention is Ardana, a decentralized stablecoin hub designed to deliver the DeFi primitives needed to bootstrap and maintain any economy to the Cardano blockchain. The Ardana platform will serve as an on-chain asset-backed stablecoin protocol and decentralized exchange stable asset liquidity pool, overcollateralized with on-chain Cardano native assets. As DeFi continues to expand, Ardana will facilitate borrowing and highly capital-efficient trading between identical assets and stablecoins while leveraging Cardano’s infrastructure to provide unparalleled security and sustainability to decentralized applications (dApps). Powered by its decentralized, on-chain, and asset-backed stablecoin Ardana Dollar (dUSD), Ardana aims to help borrowers access loans by using ADA collateral or other supported assets.  Funded by top-tier VCs, notably Three Arrows Capital, iAngels, and cFund since its founding in early 2021, Ardana will be opening the registration window for its public token sale at 2:00 PM UTC on October 14th, 2021, following the successful financing of its strategic round. To satisfy the rising demand for solutions that support real-world use cases, Jelurida, a Swiss blockchain company, has emerged as a promising, feature-rich answer for supporting a myriad of next-gen blockchain-based projects. Jelurida enables businesses to develop blockchain applications (dApps) using its Ardor, Ignis, and Nxt technologies to add value for enterprises. Compared to other blockchains, Jelurida offers interoperable parent-child chain architecture alongside a fully sustainable pure proof-of-stake (PPoS) consensus mechanism, allowing developers to choose between public, private, and hybrid blockchains while ensuring scalability and preventing blockchain bloat.  The platform currently supports multiple real-world projects designed to add value for the community, including Cycle4Value, TreeCity, and HotCity, an Austrian Federal Ministry-backed project to recycle heat from waste energy sources using blockchain as a gamification tool. Another promising project deserving mention is Reef, the first cross-chain DeFi operating system built on Polkadot. Built to cater to the growing need for programmable public blockchain networks, Reef Chain is an all-in-one blockchain platform for dApp developers.  Not only is it fully EVM-compatible, but it also supports EVM extensions for native token bridging, upgrading of smart contract in-place code, and scheduling automation. In addition, Reef Chain helps developers improve their business development and marketing by connecting them to its community of users, partners, exchanges, and media.  Besides its developer-friendly infrastructure and cross-chain trading infrastructure, Reef Chain also offers its Reef Finance smart liquidity aggregator alongside Reef Yield Engine, complete with automation addressing the drawbacks of existing DeFi platforms. The platform intends to aggregate liquidity from several chains like Uniswap, Aave, Compound, and Synthetix to find the best possible yield rates while stabilizing liquidity on its network. Rocket Vault, a one-stop solution to simplify crypto value investing, is another project that aims to add more value to the blockchain ecosystem. Powered by advanced machine learning algorithms, the platform adopts a data-driven approach to develop vault strategies to minimize risks of loss and maximize returns to provide the best stablecoin APYs for users. The platform’s primary offerings include “Automated Smart Vaults” that identifies and auto invests in all the best performing pools to generate returns for customers and “Rocket Vault-as-a-Service,” a non-custodial Vault designed to help institutions achieve the highest possible APY with “ETH Vault.”   Rocket Vault is also developing Rocket X, the world's first global liquidity aggregator that supports cross-chain swaps and token transfers. Rocket X will allow users to access deep liquidity across centralized exchanges (CEXs) and decentralized exchanges (DEXs) at the click of a button. Considering the potential of this product in simplifying crypto trading across different chains, Polygon has awarded a Developer Grant to Rocket Vault to help accelerate the development of Rocket X. With experts predicting a bullish run throughout Uptober and forecasting a MOONvember, investors are flooding into the crypto ecosystem, so be sure to ride the trend and invest wisely to expand your portfolio’s footprint. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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