
4 Altcoins Post Double-Digit Gains as Most Crypto Bleed Into Early October
Despite a broader crypto market downturn in early October, specific altcoins including Aave, Pump.fun, Worldcoin, and Sky recorded double-digit weekly gains. Aave's growth is notably driven by its protocol reaching $1 billion in deposits and the expansion of its V4 iteration onto the Base blockchain. The Base deployment features an Equities Hub, allowing eligible non-US users to collateralize seven Coinbase-tokenized US stocks to borrow USDC. Meanwhile, Sky experienced a 14% gain following institutional adoption, specifically Galaxy Digital's integration of $100 million in sUSDS into its treasury. Galaxy has further validated the asset by approving sUSDS as collateral for its institutional trading operations. Pump.fun also saw a 30% rally, supported by aggressive token buybacks and burns funded by protocol revenue. These developments highlight how specific RWA-related utility and institutional treasury allocations can decouple assets from general market volatility.













