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October has historically been a strong month for crypto, with several major assets posting double-digit gains during this period. With Ethereum (ETH) showing signs of a short squeeze setup, and capital continuing to rotate into promising altcoins, investors are asking which projects could deliver the next significant returns. Our top picks for October are Avalanche (AVAX) and Remittix (RTX).

Ethereum Price Poised for a Short Squeeze?

Ethereum has been flirting with a breakout level near $4,200, where more than $11 billion in short positions could be liquidated. If ETH pushes above this threshold, the forced covering of positions could create a short squeeze, accelerating gains rapidly.

Ethereum Price Chart | Source: CoinGecko

Currently trading around $4,134, Ethereum is showing early signs of recovery, aided by improving sentiment after weeks of ETF outflows and bearish pressure. If ETH can close the week above $4,200, analysts suggest it could spark a rally that pushes toward $5,000. With the Uptober hype nearing, ETH holders have several reasons to be optimistic.

Avalanche (AVAX): Onchain Metrics Builds a Strong Case

Avalanche remains one of the most compelling Ethereum alternatives heading into October. AVAX has recently traded near $29.50, with trading volume soaring by 86% in a single day.

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Avalanche Price Chart | Source: CoinGecko

On-chain data also supports the bullish case. Avalanche boasts 45,100 daily active addresses and has generated nearly $900 million in transaction fee revenue over the past three years, ranking just behind Ethereum, Solana, and Tron. Technical analysts point to the recent golden cross as a bullish signal, with upside potential toward $100 if support holds above $27.

Remittix (RTX): The PayFi Disruptor Gaining Momentum

While Ethereum and Avalanche dominate institutional headlines, Remittix (RTX) is making waves in the payments sector with its PayFi ecosystem. The project has already raised over $26.8 million, selling over 672 million tokens, as investors rush to secure a stake in what some call one of the most promising presales of 2025.

Key features that set Remittix apart include:

• Near-instant crypto-to-fiat transfers in 30+ countries
• Support for 40+ cryptocurrencies and 30+ fiat currencies
• A business-ready Pay API for seamless settlement in fiat
• Privacy-first design, deposits appear as standard bank transactions

Beyond its presale success, Remittix has completed its CertiK audit, secured two CEX listings, and launched a beta wallet. The project also introduced a 15% USDT referral rewards program, giving users instant daily payouts for bringing in new buyers.

With real-world payment utility, strong investor backing, and early adoption drivers in place, Remittix is quickly becoming a standout contender, alongside Ethereum and Avalanche, for Q4 growth.

Discover the future of PayFi with Remittix by checking out their project here:

Website: https://remittix.io/ 

Socials: https://linktr.ee/remittix 

$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway