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- Jupiter (JUP), Aerodrome Finance (AERO), and Grass (GRASS) show strong fundamentals and potential for breakouts in February.
- Market conditions and sector trends, such as AI crypto recovery and Ethereum’s performance, will play a key role in their growth.
In addition to CNF’s previous picks on 6 Altcoins with most high-potential cryptos for long-term gains, the crypto market is showing signs of a rebound, and three lesser-known altcoins—Jupiter (JUP), Aerodrome Finance (AERO), and Grass (GRASS)—are gaining investor attention. Each of these altcoins has strong fundamentals and ecosystem developments that could drive growth in February.
Jupiter (JUP): Strengthening Its Grip in Solana
First, Jupiter (JUP) is making waves in the Solana ecosystem, surpassing Raydium in Total Value Locked (TVL) after acquiring Moonshot, a coin launchpad, and SonarWatch, a portfolio tracker. Its TVL has now reached $2.87 billion, solidifying its role as a key platform in the network.
Although JUP saw a 7% dip in the last 24 hours, it remains up 29% over the past week, showing strong momentum. If this trend continues, the price could test resistance at $1.22 or $1.27. However, if the market turns bearish, support levels at $0.98, $0.83, or even $0.76 may come into play.
Aerodrome Finance (AERO): A Base Chain Powerhouse
Second, Aerodrome Finance (AERO) dominates the Base chain, holding $1 billion in TVL and generating $1.16 million in daily fees. Despite its strong fundamentals, the token is still down 56% from its all-time high in December 2024, currently trading near the $1 mark.
Over the last month, AERO has dropped nearly 31%, bringing it closer to a key psychological level. If momentum picks up in February, the token could rally toward $1.4 and $1.6, with an eventual target above $2—a level it hasn’t seen since mid-December.
Grass (GRASS): An AI Crypto Struggling to Recover
Third, Grass (GRASS) has been hit hard by the broader correction in AI-related cryptocurrencies, losing over 27% in the past month. It is currently at its lowest level since November 2024, after multiple failed attempts to break above $4 last year.
Since early January, GRASS has remained below $3, indicating a continued downtrend. However, if AI-related tokens regain momentum in February, a rebound toward the $2 range is possible. If the trend strengthens further, GRASS could make another attempt at the $3 level.
Market Outlook for February
With February approaching, these altcoins remain on watchlists for potential breakouts. However, market conditions will ultimately determine whether they can live up to their potential.
In a related topic, CNF highlighted that traders are looking toward popular altcoins for 10,000% gains as Ethereum (ETH) struggles to impress.
At the time of writing, Ethereum (ETH) is trading at $3,251, with an increase of 5.26% in the past day and 1.46% in the past week. The ETH market price remains crucial in influencing altcoin performance. See the ETH price chart below.