As the Bitcoin price continues to grab headlines, investors are also seeking the best altcoin to buy now to diversify their portfolios. While BTC trends toward its projected $150,000 mark, several altcoins show strong potential for growth, making them worth attention this October.
Among the trending altcoins, PayDax Protocol (PDP), OpenLedger (OPEN), and LINEA have emerged top, each offering unique value propositions, technical updates, and market interest from retail and institutional investors alike.
PayDax Protocol (PDP): Presale Momentum and Institutional Backing
PayDax Protocol (PDP) is emerging as a frontrunner in the current altcoin landscape due to its ongoing presale and robust platform features. The presale has already raised over $911,000, with 25% of the total supply sold at $0.015, with the next tranche priced at $0.017. Notably, institutional investors and venture capital (VC) firms are among early purchasers, signaling strong confidence in the project’s long-term success.
Beyond the presale metrics, the protocol aims to allow borrowing of blue-chip cryptocurrencies or USDC against a wide range of digital and tokenized real-world assets, providing flexibility not common in many DeFi platforms.
Furthermore, security and transparency bolster PDP’s appeal. The project has already passed a rigorous KYC audit by Assure DeFi, and the team is fully doxed, led by CEO Werner Van Staden, CTO Maksim Petukhov, and CMO Matej Petrik, providing legal and operational accountability. This combination of institutional backing, presale activity, and verified team credentials positions PDP as a compelling alternative to other altcoins.
OpenLedger (OPEN): Buyback Program Sparks Momentum
OpenLedger has also gained attention following its announcement of a token buyback program, funded by the foundation’s enterprise revenue stream of $14.7 million. This initiative aims to improve liquidity, support sustainable growth, and reinforce market confidence.
The announcement triggered a price surge from $0.47 to $0.53, with technical indicators showing bullish momentum. The token’s RSI climbed to 64, signaling room for further upside, and its 30-day moving average acted as dynamic support, confirming short-term optimism among traders.
However, while OpenLedger (OPEN) demonstrates positive price action, its growth relies on the execution of the buyback program and continued enterprise adoption. Unlike PayDax, OpenLedger lacks a broad lending ecosystem or institutional-grade DeFi integrations that allow borrowing against a variety of assets. Consequently, while OPEN shows potential for short-term gains, its structural limitations may hinder long-term capital efficiency compared to the PDP.
LINEA: Network Activity and Technical Indicators
LINEA has also captured attention with a surge in network activity and MetaMask’s $30 million rewards program. ETH transfers exceeding 1.15 million, combined with nearly 600,000 active addresses, reflect a rising adoption curve.
Currently, LINEA’s price hovers around $0.027, above short-term moving averages, and technical analysis suggests potential to reach previous highs between $0.032 and $0.035. Additionally, partnerships such as SWIFT’s blockchain settlement prototype add institutional credibility, though the token itself is not yet integrated into these systems.
Despite the positive developments, LINEA faces selling pressure from an upcoming token unlock of 1.08 billion tokens on October 10, representing 6.57% of the circulating supply. While the rewards program may stimulate demand, concerns about tokenomics, supply distribution, and competition from other Layer 2 solutions like Arbitrum and Optimism remain.
Compared to PayDax, LINEA currently lacks the structured borrowing, staking, and governance mechanisms that could sustain long-term price growth.
Conclusion
Among the best altcoins to buy now, PayDax Protocol (PDP) stands out as the altcoin most likely to offer sustained upside. The combination of presale momentum, institutional confidence, KYC-verified smart contracts, and a doxed leadership team provides a foundation of trust and accountability.
While OpenLedger benefits from its buyback program and LINEA shows active network engagement, PDP’s lending flexibility, support for real-world assets, and structured ecosystem make it a strong candidate for growth alongside Bitcoin’s bullish trajectory.
Early PayDax presale participants can use the promo code PD80BONUS to receive a 25% bonus or participate in the Refer & Earn Program and earn a 5% bonus for every friend they invite.
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