
Grayscale Research Top 20 List
19 Projects, Created Jun 27, 2025, Updated Jun 27, 2025
The Grayscale Research team analyzes hundreds of digital assets every quarter to provide reference for the rebalancing process of the FTSE/Grayscale cryptocurrency industry index series. Based on this process, the Grayscale Research team will generate a list of assets for the top 20 in the cryptocurrency industry. The list covers a diversified portfolio of assets in the cryptocurrency industry, which Grayscale believes have great potential in the coming quarter, covering a range of factors including network growth/adoption, upcoming catalysts, fundamental sustainability, token valuation, token supply inflation, and potential tail risks.

Grayscale Research Top 20 List
19 Projects, Created Jun 27, 2025, Updated Jun 27, 2025
The Grayscale Research team analyzes hundreds of digital assets every quarter to provide reference for the rebalancing process of the FTSE/Grayscale cryptocurrency industry index series. Based on this process, the Grayscale Research team will generate a list of assets for the top 20 in the cryptocurrency industry. The list covers a diversified portfolio of assets in the cryptocurrency industry, which Grayscale believes have great potential in the coming quarter, covering a range of factors including network growth/adoption, upcoming catalysts, fundamental sustainability, token valuation, token supply inflation, and potential tail risks.
DATA Network
AI-native real-world data infrastructure
Virtuals Protocol
Decentralized AI agent network and trading platform
Morpho
Decentralized lending infrastructure
Chainlink
Decentralized oracle network
Aerodrome
Decentralized exchange
Uniswap
Decentralized automated market maker protocol
Maple Finance
Institutional decentralized lending and on-chain asset management platform
Jito
Solana MEV infrastructure and JitoSOL liquid staking
Avalanche
A high-performance
Hyperliquid
High-performance L1
Sui
Sui is an object-centric Layer 1 blockchain
Grass
Decentralized AI data collection network; share bandwidth to earn rewards
Aave
Decentralized non-custodial lending protocol
Bitcoin
Decentralized peer-to-peer electronic cash system
Helium
Decentralized wireless network
GEODNET
Decentralized RTK network
Ethereum
Decentralized smart-contract platform and open-source blockchain
Solana
A high-performance, low-cost blockchain network for decentralized applications
Bittensor
Decentralized AI and digital commodity incentive network



