Ripple and Sui Lead Crypto Surge as Bitcoin Stalls Below $66K

Ripple (XRP) Soars to 7-Week Peak, Bitcoin Calms Below $66K

According to CryptoPotato, Ripple's native token XRP has surged past $0.62 for the first time since early August, marking a significant rise in its value amidst a generally quiet weekend for cryptocurrencies. While most altcoins have seen minor corrections on a daily scale, XRP and Dogecoin are among the few that remain in the green today. Meanwhile, Bitcoin’s price actions have calmed during the weekend after reaching a peak of $66,500 earlier this week.

Sui Surges with Gaming Focus

TheStreet reports that Sui has experienced an impressive rally of 100% over September by focusing heavily on Web3 gaming as its primary use case. Mysten Labs co-founder Evan Cheng emphasized their strategy involves not just software but also hardware integration through devices like SuiPlay0x1 which aims at redefining digital ownership experiences. This approach is expected to unlock new possibilities similar to how Apple's iPhone revolutionized app distribution.

Coinbase Adds New Ethereum Restaking Altcoin

The Daily Hodl reveals Coinbase's latest addition to its listing roadmap: EigenLayer (EIGEN), an upcoming project offering restaking services for ETH stakers aiming to enhance capital efficiency without sacrificing staking opportunities elsewhere. The EIGEN tokens will become transferrable soon according to announcements from the Eigen Foundation via social media platform X.

Bitcoin, Ethereum, and Solana Set For October Surge?

The Coin Republic suggests historical trends indicate potential all-time highs for Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) come October due largely to macroeconomic factors such as interest rate cuts across major economies alongside increased adoption rates within each respective ecosystem driving demand upwards significantly throughout next month, potentially leading towards substantial gains overall market-wide.

BlackRock’s Ethereum ETF Reaches Milestone Amid Renewed Enthusiasm

A report from Cryptonews highlights BlackRock’s spot Ethereum ETF surpassing $1 billion total net asset value following renewed investor enthusiasm marked by the largest weekly inflows recorded since early August, signaling a positive sentiment shift among traders globally. This renewed confidence is further bolstered by recent Federal Reserve rate cut decisions, boosting confidence levels considerably higher than previously anticipated.

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