While many are chasing the latest memecoin or trendy AI play, OG crypto investors who’ve been through several of these cycles are snapping up infrastructure projects, the ones whose value is real and whose relevance to DeFi can keep them afloat when purely speculative tokens go bust. Let’s look at the tokens of 3 such projects, each with a major upside:
Solid foundation
All three of these projects are integrated with and build on top of Curve Finance — the oldest and one of the most reputable DeFi projects. The Curve ecosystem is not only keeping up with the times but outpacing them, with the $CRV token itself already back up over 200% from its bear market bottom. It’s no surprise that BlackRock – the world’s most famous asset manager – chose Curve for its $533M investment into DeFi.
EYWA for the win
EYWA is a project that took Curve’s “good song and made it better.” Specifically, its CrossCurve DEX is using Curve pools in a revolutionary approach to crosschain listing where a project can list on just one chain and have liquidity pairs on many more. This dramatically reduced the cost of seeding liquidity and attracting LPs (raising the incentives for LPs and lowering the slippage for the end users in the process). It’s no wonder that Curve’s founder is EYWA’s lead investor, nor that it partnered with the two projects mentioned below. EYWA has incredible traction for a young DeFi infra project, with over $21 million in TVL, $1.85 billion in trading volume, and more than 3.5 million transactions, consistently ranking in the TOP 10 bridges by monthly volume on DeFiLlama. The project raised $8.5 already and is about to get listed on several CEXs on December 20th, so this is a true ground-floor token opportunity.
A TON of excitement
In this day and age, everything is driven by social media. Originally dreamt up by the founder of Telegram, TON is thriving long after that initial hype was replaced by the healthy appreciation of what The Open Network can do for both crypto natives and everyone else. Their mission to create the future of the internet coupled with a crypto-centric approach and the global adoption of Telegram is attracting projects and users to TON at a record pace. This will only accelerate now that TON is investing in developing its crosschain capabilities with the help of EYWA and Curve. $TON is trading at a 26% discount to its ATH. Given how quickly it has grown so far, it may have a lot higher to go.
Going Super Sonic
Sonic is actually a rebranding of Fantom — the Layer 1 blockchain known for its ultra-low cost of fast transactions, full decentralization, and generous staking opportunities. At its peak, Fantom boasted a massive TVL of $8B. And now that the DeFi legend himself – Andre Cronje – is returning to the CTO position, this project, backed by the founder of Curve and AAVE, is ready to reach supersonic speeds. The $FTM token is on the rise again, though not even at half of its ATH during the previous bull run. And it’s anyone’s guess what kind of a boost the rebranding to $S will bring.
Conclusion
The Curve Finance ecosystem has one way or another created many blue-chip DeFi projects of today and is very likely to be creating the whales of tomorrow right now. Cronje’s reputation is a great sign for Sonic. Telegram’s ubiquity can carry TON far. And Curve founder’s lead investment into EYWA is a sign that this project may become the next DeFi blue chip. The countdown has begun and all three are ready for liftoff.
