Bitcoin (BTC) and Ethereum (ETH) Remain Stable Amidst Altcoin Gains – Akash Network (AKT) Leads the Pack

As of 9:20 AM on October 28, data from the Upbit digital asset exchange revealed that Bitcoin (BTC) maintained its stability at 16.8 million KRW, while Ethereum (ETH) steadied at 6 million KRW. Although the broader cryptocurrency market showed relative stability, several altcoins experienced remarkable upward movement. Among the top performers were Akash Network (AKT), Nomina (NOM), Taiko (TAIKO), Avantis (AVNT), OpenLedger (OPEN), and Succinct (PROVE).

Akash Network (AKT): Pioneering Decentralized Cloud Computing

Leading the charge, Akash Network (AKT) surged 12.41% to trade at 1,268 KRW, making it the top-performing altcoin of the day. As a blockchain-based platform, Akash Network empowers the decentralized exchange of computing resources, including CPU, GPU, and memory, through its cutting-edge Akash Compute Marketplace. This marketplace ensures transparency, with all transactions immutably recorded on the Akash blockchain, thereby fueling adoption of decentralized cloud computing services.

Nomina (NOM): Revolutionizing On-Chain Financial Derivatives

Nomina (NOM), which rebranded from Omni Network (OMNI) in September 2025, recorded a 5.00% increase, reaching 33.6 KRW. Positioned as the "Bloomberg Terminal of On-Chain Finance," Nomina specializes in perpetual futures trading within the dynamic decentralized finance (DeFi) sector. Its mission is to bridge traditional financial derivatives with blockchain technology, offering a sophisticated ecosystem for on-chain trading.

Taiko (TAIKO): Advancing Ethereum-Based Rollups for Security and Decentralization

Taiko (TAIKO) achieved a daily gain of 3.85%, climbing to 405 KRW and securing its position among the day's top three gainers. As a Layer 2 rollup project on Ethereum, Taiko introduces an innovative model that employs Ethereum validators as sequencers, departing from centralized models and bolstering decentralization. By focusing on security within its Ethereum-supported rollup infrastructure, Taiko exemplifies cutting-edge solutions for scalability and decentralization in blockchain technology.

Avantis (AVNT): Innovating Real-World Asset (RWA) On-Chain Trading

Avantis (AVNT) rose by 3.01%, trading at 1,062 KRW. Built on the Base Network, Avantis expands the potential of perpetual futures exchanges by venturing into the trading of real-world assets (RWA). Beyond traditional RWA markets dominated by U.S. Treasury bonds, the platform facilitates on-chain trading of commodities such as gold and silver, foreign currencies like USD and JPY, and volatile assets like crude oil. This diversification marks a pivotal step in transforming the RWA ecosystem into a comprehensive blockchain-based marketplace.

OpenLedger (OPEN): Tracking AI Contributions Through Blockchain

OpenLedger (OPEN) advanced by 2.64%, reaching 583 KRW. As an Ethereum Layer 2 blockchain, OpenLedger specializes in quantifying contributions within the artificial intelligence (AI) sector. Using its proprietary Proof of Attribution (PoA) mechanism, the platform measures contributions across data usage, models, and evaluations, streamlining automated reward distribution. This innovative approach positions OpenLedger as a vital infrastructure for fostering collaboration within AI ecosystems.

Succinct (PROVE): Empowering Decentralized Zero-Knowledge Proof Infrastructure

Succinct (PROVE), an Ethereum-centric protocol, posted a 2.49% increase, taking its price to 1,235 KRW and ranking sixth among the day’s top gainers. By leveraging a decentralized approach, Succinct establishes a marketplace connecting provers and verification requesters for zero-knowledge proof (ZKP) computation. Its scalable architecture enables advanced data verification, contributing significantly to the growth of ZKP applications globally.

Market Outlook: Innovation Driving Blockchain Sector Growth

While Bitcoin (BTC) and Ethereum (ETH) demonstrate stability, the notable performance of niche cryptocurrencies highlights the expanding dynamism within specialized blockchain sectors. From decentralized cloud computing and perpetual futures trading to advanced ZKP infrastructure and RWA market innovation, these projects underscore the diversification and technological advancements propelling the next wave of cryptocurrency adoption. As these emerging platforms continue to gain traction, the blockchain industry is poised for unprecedented growth and a broader range of applications.