Mid-cap tokens are leading the recovery, with 5-20% upside through November as investor confidence and on-chain activity improve.
The Fed’s FOMC scare appears to have eased off in the crypto markets, as Bitcoin and altcoins are recovering from the recent dump. Bitcoin price had slumped below $108,000, dragging the other cryptos below their pivotal support. After the turbulent pullback, Bitcoin, major altcoins and the crypto market are once again showing signs of recovery. As investor sentiment steadies and risk appetite returns, several altcoins are leading the rebound with significant gains and renewed momentum.
The global crypto market capitalization bounced back above $2.74 trillion, rising nearly 4% in the last 24 hours. The recovery follows a brief pullback triggered by post-Fed rate cut profit-taking and concerns over near-term liquidity tightening. Bitcoin (BTC) reclaimed the $110,000 level after dipping to weekly lows below $108,000 while Ethereum (ETH) is climbing back to $4,000, signalling improving sentiment across risk assets. Analysts suggest that the current rebound could mark the start of a short-term accumulation phase before the next major move.
While Bitcoin and Ethereum remain the anchors of the rebound, a new set of altcoins is showing stronger relative performance. Here are the top tokens gaining traction after the correction — along with their November price outlooks:
Synthetix surged nearly 90% in the past week, driven by rising DeFi activity and renewed investor interest in on-chain derivatives. Analysts expect SNX to trade between $1.25 and $1.35 in November, representing a potential 7-10% upside from current levels.
As decentralized trading volumes pick up, SNX has emerged as one of the top-performing DeFi tokens during this rebound phase.
Render’s momentum continues to build on optimism around decentralized GPU networks and AI-driven rendering. The token has gained over 15% in the last few days, as traders bet on growth in the Web3 compute space.
Forecast models project RNDR could rise to around $3.00-$3.40 by late November, signaling continued strength if AI and metaverse narratives remain in focus.
Pendle, a DeFi protocol enabling yield tokenization, is rebounding sharply as investors rotate back into yield-bearing assets. Technical models anticipate PENDLE could reach $5.20-$5.70 in November if DeFi volumes continue to expand. Analysts note that the token could benefit from increased institutional demand for structured yield products.
Astar, a Polkadot-based smart contract hub, recorded a strong recovery following a recent ecosystem expansion. Its multichain capabilities are attracting developers looking for scalable alternatives to Ethereum.With sustained ecosystem growth, ASTR is projected to trade between $0.13 and $0.15 in November, supported by new dApp launches and rising TVL metrics.
Sui, one of the newer layer-1 blockchains, is showing signs of a technical breakout after weeks of consolidation. With rising on-chain activity and ecosystem funding, SUI could climb toward $1.40-$1.60 in November, assuming momentum holds and broader market sentiment remains bullish.
The recent pullback has prompted a visible rotation from large caps to promising mid-cap tokens. Projects in DeFi, infrastructure, and AI-linked categories appear to be benefiting the most. Data from on-chain analytics platforms show increased wallet accumulation in these segments, suggesting institutional and retail confidence is returning.
Analysts caution that volatility remains high as markets digest mixed macro signals. However, historically, short-term corrections following rate cuts have often paved the way for sustained rallies. If liquidity conditions improve and risk sentiment continues to strengthen, the ongoing rebound could evolve into a broader-based crypto rally heading into the end of 2025.
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