비트코인·이더리움 동반 급등! 주목할 만한 8대 알트코인
- 핵심 관점: 비트코인과 이더리움이 강세를 보인 후, 시장은 자금이 알트코인으로 확산될 것으로 예상하지만, 이번 상승장은 전반적인 랠리가 아닐 전망이다. 실제 사용자, 안정적인 프로토콜 수익, 명확한 토큰 가치 포착 구조, 건강한 코인 분포를 갖춘 프로젝트만이 유입 자금을 흡수할 수 있다. 본문은 섹터별로 각 분야의 선두주자와 유망 종목을 선별했다.
- 핵심 요소:
- 퍼블릭 체인 섹터: SOL은 메이저 코인 중 확실성이 가장 높으며, 유통 시가총액 약 518.8억 달러, TVL 약 53.1억 달러, 코인 분포가 분산되어 있다. SUI는 탄력성이 크지만 유통 비율이 40.75%에 불과하고, 2026년 지속적인 언락 리스크에 직면해 있다.
- DeFi 섹터: UNI와 AAVE는 스탠다드차타드은행이 언급한 코인으로, 두 프로젝트 모두 실제 프로토콜 수익이 있다. UNI는 수수료 스위치 메커니즘 도입 이후 가치 포착 능력이 강화되었으며, 30일 수수료 규모가 AAVE를 크게 앞선다.
- Perp DEX 섹터: HYPE는 선두 자리를 굳건히 지키고 있으며, 30일 수수료 약 4,839만 달러를 기록 중이지만 유통 비율이 약 23%에 불과하다. 트럼프 언급 이후 상승 폭이 이미 커서 언락 구조상 무리한 추격 매수는 적합하지 않다.
- RWA 섹터: LINK는 RWA, 스테이블코인, 크로스체인 등 다양한 내러티브의 수혜를 받아 확실성이 높다. ONDO는 사업 성장세가 빠르지만 공식 다중서명 주소의 코인 집중도가 54.79%에 달하며, 2027년 대규모 언락 리스크가 있다.
- 전체 전략: DeFi 섹터에 일정 비중을 배분하고, 퍼블릭 체인은 SOL을 주력으로 하되 SUI는 소액으로 베팅하는 것이 좋다. RWA는 LINK를 메인 포지션으로, ONDO는 이벤트 주도형 소액 운용에만 적합하다.
In just three days, Bitcoin has surged toward the $77,000 mark, reclaiming bullish indicators such as the EMA200; Ethereum has surged 20% in a single day, now just a step away from $2,400. With BTC stabilizing and ETH beginning to catch up, expectations are heating up again that capital will rotate from major coins to high-beta altcoins.
However, after a bull market dominated by BTC's solo rally and a bear market that cleared the field, this round of altcoin season is unlikely to see "all coins rising together." The projects that will truly attract spillover capital from major coins are those with real users, stable protocol revenue, clear token value capture, and relatively healthy token distribution structures.
High-Performance Public Chain Sector
Leader: SOL
Circulating Market Cap / FDV: Approximately $51.88B / $56.28B
Past 3 Days: +18.48%
On-chain Snapshot: TVL ~$5.31B, stablecoins ~$15.86B, 24-hour DEX volume ~$2.8B
Unlocks: ~583M tokens in circulation, ~92.2% of current total supply; no major cliff unlocks ahead, primary risk stems from long-term PoS inflation
Holdings: Top 10 addresses control only 6.58%
Outlook: Strictly speaking, SOL itself is already a major coin, and it carries the highest certainty within the public chain sector. However, it is volatile and currently underperforming relative to Bitcoin and Ethereum—waiting for a catch-up opportunity may be prudent.
High-Potential Pick: SUI
Circulating Market Cap / FDV: Approximately $3.03B / $7.44B
Past 3 Days: +14.82%
On-chain Snapshot: TVL ~$427M, stablecoins ~$466M, 24-hour DEX volume ~$39M
Unlocks: Only ~40.75% unlocked so far; ~13.5M tokens (worth ~$9.93M) expected to unlock on September 1, 2026, with continued releases extending beyond 2030.
Holdings: Top 10 addresses hold ~13.55%, indicating moderate concentration.
Outlook: It delivered impressive performance in the last cycle but carries high volatility. The low circulating supply is a concern—monitor upcoming unlock events closely.
Sector Takeaway: For the public chain track, SOL is the steady choice—currently the go-to chain for blockchain startups with a strong ecosystem; SUI offers higher beta. However, given that ETH already dominates the sector, a medium-sized position in SOL and a smaller position in SUI is recommended.
DeFi Lending and DEX Sector
Leader 1: UNI
Circulating Market Cap / FDV: Approximately $2.384B / $3.406B
Past 3 Days: +16.98%
On-chain Snapshot: Combined TVL across Uniswap V2, V3, and V4 ~$3.1B; 30-day fees ~$79.2M, protocol revenue ~$6.12M
Unlocks: The original vesting schedule is 100% complete; no major cliff unlocks expected. ~62.4% of supply is circulating, with the remainder held in community treasury, burn address, and protocol contracts.
Holdings: Top 10 addresses hold ~52.03%, primarily comprising the governance Timelock contract (26.72%), burn address (10.91%), major exchange addresses (~6.69% combined), and Token Distributor (1.25%)
Outlook: One of the coins endorsed by Standard Chartered. With the fee switch and buyback-burn mechanism implemented, UNI is transitioning from a pure governance token to an asset with protocol value capture. Its 30-day fee volume is significantly higher than AAVE's.
Leader 2: AAVE
Circulating Market Cap / FDV: Approximately $1.535B / $1.592B
Past 3 Days: +13.08%
On-chain Snapshot: Aave V3 TVL ~$16.47B; 30-day fees ~$30.01M, protocol revenue ~$4.08M
Unlocks: ~97% of supply is already released
Holdings: Top 10 addresses hold ~43.07%, but this includes the staking pool (15.32%), V3 contracts (5.24%), and ecosystem reserve (3.61%)
Outlook: Another Standard Chartered-endorsed coin. It offers the most balanced token distribution and revenue model, but has already rallied significantly from its lows.
High-Potential Pick: MORPHO
Circulating Market Cap / FDV: Approximately $1.50B / $2.284B
Past 3 Days: +8.65%
On-chain Snapshot: Morpho Blue TVL ~$8.93B; 30-day fees ~$16.34M, but protocol-level revenue is currently near zero.
Unlocks: Supply data shows significant discrepancies across sources—CoinGecko lists ~65.7% circulating, while Tokenomist's tradeable/released estimate is ~34%; no clear next cliff unlock scheduled.
Holdings: Top 10 addresses hold ~64.4%, including the wrapper contract (39.13%) and seed round address (9.01%)
Outlook: The protocol is growing rapidly, but token value capture is weaker than AAVE's, and supply reporting lacks transparency.
Sector Takeaway: DeFi is one of the few crypto sectors with genuine revenue generation and has been battle-tested through multiple cycles. Allocating some capital to DeFi assets is advisable.
Perp DEX Sector
Leader: HYPE
Circulating Market Cap / FDV: Approximately $16.41B / $73.75B
Past 3 Days: +24.89%
On-chain Snapshot: Hyperliquid L1 TVL ~$1.45B, stablecoins ~$6.57B, Bridge TVL ~$6.27B; 30-day fees ~$48.39M, revenue ~$34.52M
Unlocks: Reported circulating supply ~222M tokens, only ~23% of total supply. The whitepaper model projects ~9.92M tokens to be released around September 5-6, though historical team claims have typically been lower than modeled.
Holdings: Future incentives 26.3%, core contributors 25.4%, foundation 6.4%—together totaling 58.1%
Outlook: HYPE is the undisputed leader in Perp DEX. However, after the Trump-induced rally, both the current price appreciation and unlock structure make it unsuitable for blind chasing.
Sector Takeaway: Perp DEX is the hottest sector this cycle, with HYPE far ahead in revenue and buybacks. That said, HYPE's token price and market cap are already substantial—consider allocating cautiously.
RWA and On-chain Finance Infra Sector
Leader: LINK
Circulating Market Cap / FDV: Approximately $8.09B / $10.81B
Past 3 Days: +15.78%
On-chain Snapshot: Community staking pool holds ~40.88M LINK; Ondo's tokenized stocks and ETFs already utilize Chainlink data feeds.
Unlocks: CoinGecko lists ~74.8% circulating; Tokenomist's tradeable float estimate is ~58.8%; no fixed large-scale unlock dates.
Holdings: Top 10 addresses hold ~30.5%, of which ~20.2% are non-circulating official wallets and 4.09% is the community staking pool.
Outlook: LINK benefits simultaneously from RWA, stablecoins, cross-chain interoperability, and institutional finance on-chain—its certainty exceeds that of single-purpose RWA projects.
High-Potential Pick: ONDO
Circulating Market Cap / FDV: Approximately $1.767B / $3.629B
Past 3 Days: +10.19%
On-chain Snapshot: Ondo Yield Assets TVL ~$2.51B, Global Markets ~$971M
Unlocks: ~49%–53% released so far; however, 1.94B tokens are scheduled to unlock on January 18, 2027!
Holdings: Top 10 addresses hold ~70.41%, with a single official multi-sig address accounting for 54.79%
Outlook: Strong business growth, but token value capture, high holder concentration, and the massive 2027 unlock are clear risks.
Sector Takeaway: LINK is the right core holding for RWA exposure; ONDO is only suitable for event-driven small positions—ideally wait until the 2027 unlock is fully priced in by the market. 
