Ethereum Surges as Fed Rate Hike Looms, NEAR Protocol Shines

Ethereum led the pack with a 57% surge over 90 days, outperforming major coins like Solana, XRP, and Bitcoin. Its ability to retain more value than Solana makes it the top pick for October.

Among smaller coins, NEAR Protocol soared 230% year-to-date, but its price is 75% below its all-time high. NEAR stands out as the top smaller-coin pick, despite the risk.

A 5.17% Treasury yield and a 64% chance of a rate hike by the Federal Reserve in October pose a threat to speculative coins. However, if rates rise, Bitcoin and Ethereum may hold up better against market pressures.

NEAR's impressive growth, coupled with its strong fundamentals, makes it an attractive option for investors looking for potential returns.

While smaller coins like Arbitrum, Sui, Uniswap, Litecoin, and Hedera have gained significant traction, they are more susceptible to market fluctuations and rate hikes.