In his Q4 crypto market outlook, pseudonymous cryptocurrency influencer The DeFi Edge outlined emerging trends and potential investor opportunities, suggesting a renewed optimism in the crypto industry.

What Happened: DeFi Edge on Friday highlighted several drivers for the market, including the upcoming U.S. presidential election, promising on-chain metrics for platforms like Base and Solana (CRYPTO: SOL), and a rise in AI-powered meme coins. "Now's the time to shake off the bear market PTSD and lock in," he asserts, noting increased engagement in the space.

Solana is seeing a revival, with daily token creation averaging over 96,000 in Q4, fueled by the popularity of meme coins and AI tokens.

AI x Meme Coins

The trader also focuses on the growing interest in AI-driven meme coins, with Goatseus Maximus (CRYPTO: GOAT) at the forefront. "Truth Terminal went all-in on promoting GOAT on X. People loved it," notes the author, drawing comparisons to the excitement around NFTs in 2021.

DeFi 1.0 Giants

DeFi Edge also discusses legacy players like Fantom, now rebranded as Sonic Chain, Aerodrome's rising influence on Base, and Aave's (CRYPTO: AAVE) plan to expand its GHO stablecoin to ecosystems like Base and Avalanche (CRYPTO: AVAX). Giants like Aave and Uniswap (CRYPTO: UNI) show potential for renewed relevance.

What's Next: While mindful of the risks, DeFi Edge takes an optimistic view on Q4, with "green candles" and "major tailwinds" ahead. Still, the trader underscores the need for active, strategic investing to make the most of these trends.

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