Daily Gainer Chart Shows pSTAKE Leading Altcoin Surge
John: Hey everyone, I’m John, a veteran writer here at Blockchain Bulletin, where I break down the wild world of crypto in simple terms. Today, we’re diving into the exciting surge of pSTAKE, which topped the daily gainer charts on September 29, 2025, with a massive 70.1% jump. For readers who want a full step-by-step guide, you can also check this exchange guide.
Lila: Hi, I’m Lila, John’s curious assistant always asking the newbie questions to keep things clear. John, what’s pSTAKE all about, and why is it surging like this right now?
Basics of pSTAKE
John: Great question, Lila. pSTAKE is a cryptocurrency tied to pSTAKE Finance, a platform that lets users stake assets like ATOM from the Cosmos network and earn rewards while keeping their tokens liquid. Think of it as a way to “have your cake and eat it too” – you stake for yields but can still trade or use your assets elsewhere.
Lila: Liquid staking? That sounds fancy. Can you explain it like I’m five?
John: Sure! Imagine locking up your bike to keep it safe but getting a magic duplicate you can ride around. In crypto terms, pSTAKE turns staked assets into liquid versions (like stkATOM) so you can use them in DeFi without missing out on staking rewards. As of October 1, 2025, its price is around $0.02199 USD, according to CoinMarketCap updates.
Recent Surge and News
John: On September 29, 2025, pSTAKE led the altcoin surge with a 70.1% daily gain, hitting $0.03 and a market cap of $16.1M, as reported in the daily gainer chart. This came amid broader market optimism, with other tokens like MYX Finance rising 26.8% to a $2.1B valuation. Posts on X from late September 2025 show community buzz, with one noting a 37.78% 24-hour increase and predictions up to $0.058.
Lila: Wow, that’s a big jump! What sparked this surge?
John: In the past, pSTAKE’s TVL peaked around 2022, but recent growth has it surpassing $20M as of March 2024 updates from CoinGecko. Currently, as of October 1, 2025, bullish sentiments from investors, backed by connections to Binance Labs and Coinbase Ventures, are driving interest. No wild guesses here – just verified momentum from sources like CoinCodex price predictions.
How Staking Works with pSTAKE
John: Staking on pSTAKE is straightforward. You deposit assets like ATOM, get liquid stkATOM in return, and earn yields from the underlying network. For example, as of now, platforms like Coinbase highlight pSTAKE Staked ATOM for its ease in earning passive income.
Lila: Passive income sounds great, but how do I actually start?
John: Connect a wallet to the pSTAKE app, select your asset, and stake. Yields vary, but recent news from Azat TV on September 27, 2025, notes staking as a top way to earn in 2025, with pSTAKE fitting into that trend. (And hey, if yields were calories, we’d all be in trouble – but luckily, it’s just crypto gains!)
Use Cases for pSTAKE
John: pSTAKE shines in DeFi. Users can stake Cosmos assets and use the liquid versions for lending on platforms like Aave or trading on DEXes. For instance, in 2022, it launched with support for major chains, and now in 2025, it’s expanding with eToro’s new U.S. staking launch on September 29, 2025, boosting overall staking adoption.
Lila: Any real-world examples?
John: Absolutely. A user might stake $1,000 in ATOM via pSTAKE, get stkATOM, and then lend it out for extra APY. CoinDoo’s September 29, 2025, article mentions similar staking opportunities in meme coins, but pSTAKE focuses on established assets like ATOM for stability.
Risks and Safeguards
John: Like any crypto, there are risks. Price volatility hit pSTAKE hard in past bear markets, dropping from highs in 2022. Cybersecurity threats are rising, as noted in Azat TV’s September 27, 2025, guide on 2025 staking risks.
Lila: How can I stay safe?
John: Use hardware wallets, enable two-factor authentication, and stake only what you can afford to lose. Regulatory clarity is improving – for example, India’s 2025 updates on platforms like Stake via Goal.com ensure legal awareness. Always check official sources.
Tips for Beginners
John: Ready to dip your toes in? Here’s a quick list of tips:
- Start small: Begin with a test stake of $50–$100 to learn the ropes.
- Research yields: Check CoinMarketCap for real-time APY on pSTAKE assets.
- Diversify: Don’t put all eggs in one basket – mix with other staking coins like those in Cryptodnes’ September 26, 2025, best staking list.
- Monitor news: Follow updates from CoinGecko for price charts and alerts.
- Use trusted exchanges: Platforms like eToro now offer U.S. staking as of September 29, 2025.
Lila: These are super helpful! What if prices drop?
John: Stay informed with tools like CoinCodex predictions, which forecast pSTAKE trends through 2030 based on historical data.
Looking Ahead
John: Looking ahead, pSTAKE could see more growth with DeFi expansions. X posts from July 2025 predict broader altcoin surges, and CoinCodex’s long-term outlook suggests potential highs by 2030. As of October 1, 2025, the focus is on sustainable TVL growth.
Lila: Exciting times! Any final thoughts on the future?
John: Definitely – with staking evolving, pSTAKE might integrate more chains by late 2025, per ongoing developments.
John: Wrapping up, pSTAKE’s recent surge shows how staking can supercharge altcoins, but remember to research and stay safe. It’s a reminder that crypto rewards patience and smarts. And if you’d like even more exchange tips, have a look at this global guide.
Lila: Thanks, John! My takeaway: pSTAKE makes staking accessible and rewarding – just start small and keep learning.
This article was created using the original article below and verified real-time sources:
- Daily Gainer Chart Shows pSTAKE Leading Altcoin Surge
- pSTAKE Finance Price: PSTAKE Live Price Chart, Market Cap & News Today | CoinGecko
- pSTAKE Finance price today, PSTAKE to USD live price, marketcap and chart | CoinMarketCap
- pSTAKE Finance (PSTAKE) Price Prediction 2025, 2026-2030 | CoinCodex
- Crypto Staking in 2025: Top Coins, Risks, and Cybersecurity Threats – Azat TV
- Is Stake Legal in India in 2025? Updated Insights | Goal.com India