Altcoin Boom: Why 0G Token, AVAX, NEAR, MNT & ETHFI Are Skyrocketing Today

0G Token, Avalanche, Near, Mantle and Ether.fi Price Surge Explained

The cryptocurrency market has entered yet another remarkable cycle of momentum, as multiple altcoins are experiencing double-digit gains in a matter of days. Following the explosive rally of Aster earlier this month, investors have shifted their focus to a fresh set of tokens that are now dominating market discussions: 0G Token (OG), Avalanche (AVAX), Near Protocol (NEAR), Ether.fi (ETHFI), and Mantle (MNT).

Each of these tokens has surged by up to 15% in a single day, reflecting renewed optimism in the altcoin sector and highlighting how innovation, liquidity, and adoption are fueling the next leg of digital asset growth. But what is behind these rallies, and what does it mean for investors moving forward? Here’s a closer look at the key drivers shaping the market.

0G Token: A Strong Debut and Rising Investor Appetite

0G Token has become one of the most talked-about assets since its recent listing across top-tier exchanges, including Binance Alpha, Binance Futures, Upbit, MEXC, and KuCoin on September 22, 2025. The debut was nothing short of dramatic. The token opened trading at $4.87, quickly dipped to $3.51, and then staged a powerful rebound, reaching an all-time high of $7.31 on the same day.

Source: CMC

As of today, 0G Token is trading around $5.74, with an intraday gain of 13%. Its market capitalization now stands at $1.22 billion, supported by a staggering $3.38 billion in 24-hour trading volume. Analysts attribute the surge to strong institutional and retail demand triggered by multiple exchange listings, which immediately expanded liquidity and investor confidence.

The project’s growth trajectory is also bolstered by its utility-focused roadmap and strong community engagement. For many investors, 0G Token represents a new frontier of opportunity, especially given its ability to maintain momentum despite market volatility.

Avalanche: DeFi Growth Sparks a Rally

Avalanche (AVAX), one of the most established Layer-1 blockchains, has been on a consistent uptrend, rising 13.59% over the past week and more than 13% in a single day. Currently priced at $34.80 with a market cap of $14.7 billion, Avalanche’s surge is being fueled by the explosive expansion of its decentralized finance (DeFi) ecosystem.

According to data from DeFiLlama, Avalanche’s Total Value Locked (TVL) has soared past $3.259 billion—the highest level recorded since August 2022. This resurgence highlights how institutional players and capital providers are increasingly choosing Avalanche as their preferred platform for scaling financial applications.

Source: DefiLlama 

The growth of Avalanche’s DeFi sector has created a ripple effect, instilling renewed confidence among traders and long-term investors. For many, the blockchain is cementing its place as a serious competitor in the Layer-1 race, alongside Ethereum and Solana.

Near Protocol: Adoption Drives Demand

Near Protocol (NEAR) has also been making headlines. Over the past week, NEAR has climbed 14%, including a one-day surge of 7.21%. At its current trading price of $3.05, the token commands a $3.81 billion market cap, signaling its growing importance in the digital economy.

What’s driving the momentum? Analysts point to a sharp rise in app revenue generated on the NEAR blockchain since May 2025. This surge suggests strong user adoption and growing developer activity. In fact, the token spiked from $2.83 to $3.12 within just 24 hours, reinforcing the perception that NEAR’s adoption curve is accelerating.

Source: X

Although no single event can fully explain the current rally, the broader trend of increased app usage and revenue reflects a healthy ecosystem. NEAR appears to be transitioning from a speculative asset to a platform with tangible economic activity, which may be why it continues to attract significant investor interest.

Ether.fi (ETHFI): South Korea Boost and Incentive Programs

Ether.fi (ETHFI) is another standout performer, with an 11.43% intraday surge pushing its price to $1.49. Over the past month, the token has gained more than 23%, demonstrating a steady growth trajectory.

The surge can be linked to Ether.fi’s listing on Upbit, South Korea’s largest cryptocurrency exchange, on September 19. The listing provided the project with increased liquidity, visibility, and credibility among a critical demographic of crypto investors in Asia.

Source: CMC

In addition, Ether.fi has rolled out several incentive programs aimed at strengthening its community and encouraging greater participation. With a market capitalization of $764 million and $161 million in daily trading volume, the token is increasingly seen as a promising mid-cap altcoin with room for further expansion.

Mantle (MNT): Bybit Integration Fuels Momentum

Mantle (MNT) has been another beneficiary of the current market upswing, posting a 10% gain in one day. At a trading price of $1.79, the token has risen 5% over the past week and an impressive 45% in the last month.

The primary catalyst behind Mantle’s rally has been its recent integration with Bybit. This partnership has made MNT more accessible to global investors and has been accompanied by unique buy-in opportunities. Bybit users were able to purchase Mantle at discounted rates of up to 6.89% below market value, creating an immediate surge in demand.

Source: X

This discount-driven interest, combined with Mantle’s growing visibility in the exchange ecosystem, has pushed the token into the spotlight, attracting traders seeking both short-term gains and long-term exposure.

What These Surges Mean for the Market

The synchronized rallies of 0G Token, Avalanche, Near, Ether.fi, and Mantle highlight several broader market trends. First, strong exchange listings and increased liquidity remain among the most powerful catalysts for price appreciation. Second, real-world adoption—whether through DeFi growth, app revenue, or incentive programs—is now playing a larger role in sustaining rallies beyond short-term speculation.

Moreover, the performance of these tokens demonstrates that investors are diversifying beyond the top two cryptocurrencies, Bitcoin and Ethereum, in search of higher returns. Altcoins with clear utility, community engagement, and strategic partnerships are being rewarded with both capital inflows and media attention.

Risks to Consider

While the market optimism is undeniable, investors should also remain cautious. The sharp rallies could trigger profit-taking, leading to volatility in the short term. Regulatory uncertainty, particularly in major markets like the United States, South Korea, and Europe, could also impact the long-term trajectories of these tokens.

In addition, competition remains fierce. Avalanche must continue to compete with other Layer-1 giants, NEAR must prove sustained adoption beyond initial hype, and projects like Ether.fi and Mantle must deliver on their incentive-driven growth strategies to maintain momentum.

Conclusion

September 2025 has emerged as a defining period for altcoins, with 0G Token, Avalanche, Near Protocol, Ether.fi, and Mantle leading the charge. Each token’s rally is underpinned by unique catalysts—from exchange listings to DeFi expansion, app revenue growth, community incentives, and strategic integrations.

As these projects continue to evolve, they provide a snapshot of where the cryptocurrency market is headed: toward greater adoption, diversification, and innovation. For investors, these tokens represent not just short-term trading opportunities but also a glimpse into the future of blockchain technology.

With momentum building across multiple sectors, the question now is not whether altcoins will continue to surge, but which of them will emerge as long-term winners in the next phase of the digital asset revolution.

Writer @Erlin

Erlin is an experienced crypto writer who loves to explore the intersection of blockchain technology and financial markets. She regularly provides insights into the latest trends and innovations in the digital currency space.

 

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