The crypto market is buzzing as Polkadot community members rally behind the creation of pUSD, a native DOT-backed algorithmic stablecoin. With more than 75% of current votes favoring the proposal, DOT re-entered analyst shortlists for the best altcoins to buy.
At the same time, SUI is eyeing a breakout toward $4.5, supported by both technical strength and a forthcoming Coinbase futures listing. Alongside these leaders, investors are watching MAGACOIN FINANCE, a presale altcoin that is attracting whale activity and topping analyst lists of the best altcoins.
Polkadot Weighs Native DOT-backed Stablecoin
Polkadot’s proposal to launch pUSD is gaining momentum. The plan, introduced by Bryan Chen, CTO of Acala, would see a fully DOT-collateralized algorithmic stablecoin launched through the Honzon protocol.
The design includes on-chain liquidation mechanics, overcollateralized debt positions and an optional savings module funded by stability fees.
Moreover, recent cryptocurrency news states that the voting results are strong in terms of initial support. At the time of writing, more than 1.4 million DOT, worth $5.6 million, has been staked in support, with three-quarters of ballots cast in favor.
Polkadot Stablecoin pUSD Voting: Source: X
As several weeks remain before voting closes, analysts believe the proposal could be pivotal for Polkadot’s DeFi ecosystem.
Therefore, analysts note that the introduction of a native stablecoin positions DOT as one of the best altcoins to buy now, strengthening its role as a governance asset and a collateral base.
SUI Price Eyes $4.5 in This Bull Cycle
Additionally, SUI has gained attention after rebounding from its ascending support trendline, a level that has sparked multiple rallies throughout 2025. Every test of this level has been accompanied by high percentage gains with the most recent indicating bullish continuation.
Trading at an approximate value of $3.16, SUI crypto is now gearing towards the next test of the resistance at $4.5, which has limited past rallies.
SUIUSD 1-Day Chart | Source: TradingView
The arrangement is also supported by the fact that Coinbase Futures will launch SUI derivatives on October 20. This listing should further institutional exposure and improve the liquidity of the token.
With this background, SUI has joined analysts lists of best cryptos to buy now, alongside DOT. Meanwhile, new altcoins such as MAGACOIN FINANCE are drawing investors due to their future growth potential.
Why MAGACOIN FINANCE is the Best Altcoin to Buy Now
Although DOT and SUI are still leading large-cap selections, MAGACOIN FINANCE is a popular early-stage presale that has investors and analysts flocking to it. The project raised over $15 million and has good momentum of investors coupled with structural transparency.
Additionally, security is central to the top altcoin design. MAGACOIN FINANCE is based on Ethereum and provides a stable base that facilitates wallets and DeFi platforms compatibility. This blockchain foundation offers reliability to retail and institutional investors.
Besides, the presale will be administered by means of a recognized verified portal at magacoinfinance.com. This protects buyers from third-party risks and gives investors a direct entry point into the ecosystem.
On top of the optimistic forecasts, there is also a rising community traction. Telegram and X (Twitter) channels have registered thousands of new users per week, which generates the retail energy that creates the long-term momentum.
Whales have noticed this and have started accumulating presale allocations, which is an indication of confidence in the long-term value of the project.
Notably, the involvement of whales contributes to legitimacy. Larger Ethereum wallets have been known to be early signs of success in crypto presales. Their entry into MAGACOIN FINANCE demonstrates that seasoned investors are positioning ahead of exchange exposure, making the project one of the best altcoins to buy now.
Conclusion
The ongoing pUSD vote confirms Polkadot’s drive to innovate with native financial primitives, keeping DOT on analysts’ lists of top altcoins to buy. SUI, supported by its ascending trendline and Coinbase futures launch, is also on track for a breakout.
At the same time, MAGACOIN FINANCE combines whale accumulation, community growth, security and accessibility to stand out as one of the strongest early-stage opportunities in 2025.
To learn more about MAGACOIN FINANCE, visit:
Website: https://magacoinfinance.com
Access: https://magacoinfinance.com/access
Twitter/X: https://x.com/magacoinfinance
Telegram: https://t.me/magacoinfinance
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