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Promising Blockchain Projects To Watch This Uptober As Moonvember Approaches

The month of REKTember is finally over, and Uptober is in full bloom. As we enter the second week of October, the Crypto Fear & Greed Index has already jumped from ‘Extreme Fear’ to ‘Extreme Greed,’ underscoring the impact of the ongoing bullish run of most major cryptocurrencies.

Following a slow and bearish market throughout September, prices of BTC, ETH, SOL, ADA, and several other prominent cryptocurrencies shot up during the first week of October. Seminal cryptocurrency bitcoin (BTC) is surging towards $58,000, its highest level in almost five months.

Historically, October has always been a month of green candles and bullish momentum, and this year is no different. Despite China’s ongoing crypto crackdown, the SEC moving ETF applications forward and Federal Reserve Chair Jerome Powell’s note that the US won’t blanket ban cryptocurrencies helped spark a sharp upward recovery for major coins.

Amid the prevailing market momentum higher, here are four promising blockchain projects that crypto investors, both retail and institutional, should consider this Uptober.

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