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Grayscale Investments has published its quarterly review, unveiling its top 20 crypto assets for Q1 2025. Each quarter, the Grayscale Research team evaluates \u201chundreds of digital assets\u201d to guide the rebalancing of the FTSE\/Grayscale Crypto Sectors family of indexes. In the words of the research note, \u201cOur approach incorporates a range of factors, including network growth\/adoption, upcoming catalysts, sustainability of fundamentals, token valuation, token supply inflation, and potential tail risks.\u201d The newest additions to the top 20 list are guided by three main market themes that Grayscale believes will shape the coming months: the US election and potential regulatory implications, rapid developments in decentralized AI, and the expanding Solana ecosystem. Related Reading: 2025 Crypto Forecast: Four-Year Cycle Points To Peak In Q2\/Q4, Expert Advises Caution While Bitcoin, Ethereum, Solana, Chainlink, Uniswap, SushiSwap, Aave, Bittensor, Optimism, Lido DAO, Helium, Arweave, Aerodrome and Akash Network remain on the the list, six new altcoins were added compared to the previous quarter. \u201cWe are adding the following six assets to our Top 20 list for Q1 2025,\u201d the report states, emphasizing each project\u2019s notable alignment with one or more of the aforementioned themes. Best (New) Crypto Assets For Q1 2025 Hyperliquid (HYPE): A Layer 1 blockchain geared toward on-chain financial applications, Hyperliquid\u2019s flagship product is a decentralized exchange (DEX) for perpetual futures. Built around a fully on-chain order book, HYPE seeks to capture the growing demand for advanced derivatives trading in a decentralized environment. Notably, HYPE has seen a meteoric rise over the past weeks, already claiming rank #19 on the list of the largest cryptocurrencies by market cap. Ethena (ENA): Ethena protocol has introduced a novel stablecoin, USDe, backed by hedged positions in Bitcoin and Ether. As Grayscale explains, \u201cSpecifically, the protocol holds long positions in Bitcoin and Ether and short positions in perpetual futures contracts on the same assets.\u201d A staked version of the token leverages the pricing differential between spot and futures markets, potentially offering a unique yield profile for participants. Virtual Protocol (VIRTUAL): Operating on Base, an Ethereum Layer 2 network, Virtual Protocol enables the creation of AI agents designed to function autonomously. \u201cThese AI agents are designed to perform tasks autonomously, mimicking human decision-making,\u201d Grayscale notes. The platform further allows for co-ownership of these agents via tokenization, bridging AI capabilities with blockchain infrastructure. Related Reading: Expert Reveals Top 15 Crypto Predictions For 2025 You Need To Know Jupiter (JUP): Jupiter has emerged as a leading DEX aggregator on Solana, recording the highest total value locked (TVL) among all Solana applications. With Solana\u2019s user base broadening and speculation intensifying around memecoins and AI agent tokens, \u201cwe believe Jupiter is well positioned to capitalize on this growing market activity,\u201d states the report. Jito (JTO): Jito is a liquid staking protocol on Solana that has demonstrated strong adoption over the past year. Notably, Grayscale highlights the project\u2019s substantial earnings: \u201cJito has experienced substantial growth in adoption over the past year and offers one of the best financial profiles in all of crypto, generating over $550mn in 2024 fee revenue.\u201d Grass (GRASS): Grass rewards users for sharing unused internet bandwidth via a Chrome extension. \u201cThis bandwidth is used to scrape online data, which is then sold to AI companies and developers for training machine learning models,\u201d according to Grayscale. The project monetizes web scraping by redistributing rewards to users who contribute their idle bandwidth. Furthermore, Grayscale notes that it continues to be \u201cexcited about themes from previous quarters such as Ethereum scaling solutions, tokenization, and decentralized physical infrastructure (DePIN).\u201d Examples of these established themes include Optimism, Chainlink, and Helium, which remain in the Top 20 due to their alignment with scaling, tokenization, and DePIN use cases, respectively. Notably, six assets\u2014NEAR, Stacks, Maker CELO, UMA, and TON\u2014have been rotated out of the Top 20 list this quarter. \u201cGrayscale Research continues to see value in each of these projects, and they remain important elements of the crypto ecosystem. However, we believe the revised Top 20 list may offer more compelling risk-adjusted returns for the coming quarter,\u201d Grayscale notes. At press time, HYPE traded at $29.45. 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Top Crypto Assets For Q1 2025: Grayscale Reveals Best Altcoins<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n