Cryptocurrency markets are heating up ahead of the upcoming FOMC meeting, and traders are pricing in the possibility of the long-awaited interest rate cut. The market as a whole is showing the first signs of a growing risk appetite, and analysts on platforms X and Web3 are already discussing the key question: if the Fed takes a dovish stance, which altcoins will benefit the most?

Leading Web3 experts generally agree that a confirmed interest rate cut could unleash a powerful wave of liquidity into the cryptocurrency market. The first beneficiaries are likely to be large players with high liquidity, such as Ethereum.$ETHSolana and leading layer-two networks, such as Optimism and Arbitrum, have historically performed better in improved macroeconomic conditions. Also under close scrutiny are DeFi tokens, as traders expect a resurgence in TVL growth, increased swap volumes, and a reorientation towards income-generating protocols as real interest rates decline. Meanwhile, gaming industry tokens and consumer Web3 tokens, typically driven by retail investor sentiment, may demonstrate