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October 6, 2025cryptonews logocryptonews

Altcoin Season Index at 67: Rotation Puts PancakeSwap, MYX Finance, and EigenLayer in the Spotlight

Altcoin season continues to reward tokens with strong catalysts and enough depth for larger ￰0￱ is rotating toward projects that convert user activity into steady flows rather than relying on one-off moves. Today, that filter points to PancakeSwap, MYX Finance, and ￰1￱ name is advancing for a different ￰2￱ tokenomics, derivatives speculation, and a new AI function in restaking are driving interest at the same ￰3￱ (CAKE): Supply Burns And Cross-Chain Access CAKE is currently trading near $3.8 , up by 14% in 24 ￰4￱ move builds on Tokenomics 3.0, which continues to shrink supply through monthly ￰5￱ recorded about 2.7M CAKE removed, extending a two-year streak under the current ￰6￱ schedule links trading activity to fee burns and supports price during active ￰7￱ has widened as PancakeSwap added Cross-chain Swaps for Solana in late ￰8￱ can swap across seven networks from one interface, which funnels more orders through CAKE ￰9￱ posts also detail a broader toolkit covering routing, perpetuals, and liquidity features that keep volume ￰10￱ additions help explain why CAKE remains a frequent target during altcoin ￰11￱ Finance (MYX): Trading Swings and Airdrop Dispute MYX is priced around $5.45, up by 9.4% in 24 ￰12￱ remains high after a rapid multi-week ￰13￱ action is volatile because of an airdrop dispute that surfaced in ￰14￱ Price () Analysis alleged that clustered wallets claimed about $170M of tokens, calling it a large sybil ￰15￱ publicly denied fraud or manipulation and said rewards came from real trading and liquidity ￰16￱ dispute keeps screens active and helps explain sharp intraday ￰17￱ positioning has stayed busy around these ￰18￱ updates and sentiment trackers continue to flag the controversy, which traders use to frame short-term ￰19￱ clarity improves around distribution, MYX could see steadier ￰20￱ then, momentum remains the core driver during altseason ￰21￱ (EIGEN): Restaking Meets AI Tools EIGEN is now trading near $2.00 , up by 5% in 24 ￰22￱ ties to growing restaking adoption and a new AI-oriented function from ￰23￱ team introduced EigenAI and EigenCompute on mainnet alpha, a pair of services that deliver verifiable compute for AI agents and long-running tasks while preserving smart contract-grade ￰24￱ pitch connects restaking security to practical AI workloads and has boosted attention around EIGEN.

AI’s trust problem ends today. We're thrilled to launch two new services, EigenCompute and EigenAI on EigenCloud. A new foundation for building truly verifiable apps and ￰25￱ of the biggest upgrades to AI since the launch of ￰26￱ ↓ ￰27￱ — EigenCloud (@eigenlayer) September 30, 2025 Public materials indicate a path where Actively Validated Services can run complex jobs off-chain and still verify results ￰28￱ launch message and the project site both describe this model, which gives developers a route to blend Ethereum-level assurance with AI ￰29￱ link between restaking and AI utility explains the current lift during ￰30￱ Season Read These three tokens map the current stage of the altcoin ￰31￱ connects activity to deflation through fee burns while expanding access across ￰32￱ captures derivatives energy while a distribution dispute fuels trading ￰33￱ adds an AI function to restaking, which broadens the use case beyond pure infrastructure.

Follow-through depends on ￰34￱ CAKE, watch the next monthly burn update and whether cross-chain swaps sustain ￰35￱ MYX, track exchange depth and any updates on the airdrop ￰36￱ EIGEN, monitor developer adoption of EigenAI and EigenCompute and the number of services that are ￰37￱ these markers hold, this rotation can continue.

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