The grayscale updated the Top 20 list for the third quarter, adding AVAX and MORPHO while removing LDO and OP

ChainCatcher news, according to the official announcement, Grayscale Research has updated the Top 20 assets list for the third quarter of 2025. This quarter, Avalanche (AVAX) and Morpho (MORPHO) have been added due to increased on-chain trading activity and strong growth in decentralized lending, respectively. Lido DAO (LDO) and Optimism (OP) have been removed due to competitive pressure from centralized staking services and uncertainty in token revenue distribution.