Grayscale Research adds six tokens to its 'Top 20' for next quarter
Grayscale Research has added Hyperliquid, Ethena, Virtual Protocol, Jupiter, Jito, and Grass to its ‘Top 20’ list of tokens for Q1 2025.Optimism, Chainlink, and Helium tokens returned to the list, while Celo was removed.
Grayscale Research added six tokens to its ‘Top 20’ list of diversified crypto assets that, in its view and based on multiple factors, display a high degree of potential over the next quarter.
The included tokens are Layer 1 blockchain Hyperliquid’s HYPE, Ethena’s ENA, Base-based AI agent platform Virtual Protocol’s VIRTUAL, Solana-based DEX aggregator Jupiter’s JUP, Solana-based liquid staking protocol Jito’s JTO, and decentralized data network Grass’ self-titled token.
Grayscale noted that the decision to include these tokens was based on network growth and adoption, upcoming catalysts, fundamental sustainability, token valuation and supply inflation, and potential tail risks.
Grayscale Research said that for Q1 2025, its focus would be on themes touching the regulatory environment in the United States, decentralized finance and staking, decentralized AI technologies and agents, and the growth of the Solana ecosystem.
Additionally, Grayscale Research noted that it remains optimistic regarding previous quarters’ themes, such as Ethereum scaling solutions, tokenization, and decentralized physical infrastructure, also known as DePIN. Specifically, the team notes that Optimism, Chainlink, and Helium have returned to its ‘Top 20,’ while Celo has fallen off the list.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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