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Capital rotates into revenue-focused crypto protocols as altseason nears

Over the past 30 days, PONS rose more than 350%, UNI gained more than 110%, and several other tokens including ARB and NEAR jumped over 150% to around 180%.

Reported · Written up by our desk · Market Structure

Cointelegraph says early signals of an approaching altseason point to traders becoming more selective, with capital moving into revenue-generating protocols across multiple crypto narratives.

According to Cointelegraph, over the past 30 days, memecoin launchpad PONS surged more than 350%, while in decentralized finance Uniswap's UNI rose more than 110%, Arbitrum's ARB jumped over 150%, and AI-focused NEAR climbed around 180%.

Cointelegraph also notes that privacy token Zcash hit a record high above $1,600 last week, and that Bitcoin Layer 2 token LIT and memecoin launchpad token PUMP have been among the biggest gainers over the same period, citing CoinMa.

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