Is BlackRock the driving force behind the bull run? Here are the 18 must-watch alts for this alt season!!


In this bull run of 2024, the key driving force is the traditional financial asset management giants led by BlackRock. The following are the core projects related to it or those that have recently performed outstandingly:
1. Projects directly/indirectly related to BlackRock
Ondo Finance (Ondo): The core tokenized US Treasury product OUSG, originally mainly invested in BlackRock's iShares Short-Term Treasury ETF (SHV), later most assets were transferred to BlackRock's tokenized fund BUIDL, with a current TVL exceeding $180 million and a total revenue generated for clients exceeding $25 million.
Curve (CRV): A leading player in DeFi, it is an important partner for BlackRock's entry into DeFi, with recent increases related to this partnership.
2. Other asset management giants related projects (mainly Franklin Templeton)
Stellar (XLM): A payment network founded by Ripple's co-founder, with over half of the TVL of the Franklin Templeton tokenized fund FOBXX on its chain.
Sui (SUI): Franklin Templeton not only invested in the project but also announced a strategic partnership in November to support its ecosystem development and technology deployment.
Aptos (APT): Franklin Templeton's tokenized fund FOBXX has expanded to this public chain.
Puffer Finance (PUFFER): A liquidity staking protocol based on EigenLayer, with participation from Franklin Templeton and Fidelity-affiliated venture capital Avon Ventures in its $18 million funding round this April.
Arcade (ARC): A GameFi platform that received investment from Franklin Templeton in 2021, with notable early involvement from institutions such as Pantera Capital and Solana Ventures.
3. Other Recent Outstanding Projects / Projects with Institutional Backgrounds
Ethena (ENA): On November 29, it announced a partnership with Securitize to launch the stablecoin USDtb and participate in the $1 billion tokenization competition on the Sky (formerly MakerDAO) lending platform.
Velo (VELO): a global settlement network on the blockchain that provides cross-border payment services. DWF Labs made a strategic investment of $10 million in it last year.
Chainlink (LINK): An oracle network that connects on-chain and off-chain data for institutional tokenized assets, unlocking DeFi use cases.
Avalanche (Avax): A well-established public chain, recently performing well during the "alt season" with good token growth.
LayerZero (ZRO): One of the three giants in cross-chain technology, recently showing impressive growth.
SHRAPNEL (SHRAP): AAA-level FPS game, with investment from well-known institutions such as Polychain and Dragonfly.
Spectral (SPEC): Originally a Base chain machine intelligence network, now positioned as an AI programming platform for smart contracts.
Pudgy Penguins (PENGU): Plans to issue coins within 2024 with an expectation of airdrops, the floor price has exceeded 27 ETH, and is associated with VanEck.
Parallel (PRIME): A sci-fi themed TCG, with a team including senior developers from Assassin's Creed and Valorant, and YouTube co-founder Chad Hurley.
GEODNET (GEOD): DEPIN project, collects geospatial data, with investors including VanEck, Animoca Brands, and Pantera Capital, and Animoca Brands has reached a strategic partnership with it.
1inch (1INCH): A well-established DEX aggregator, ranked second in market share.
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ONDO8.99%
CRV2.26%
DEFI0.11%
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