Grayscale Announces 20 Altcoins on Its Radar! 6 New Altcoins Added!

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Bitcoinsistemi2024/12/31 02:55

By:Elif Azra Güven

Grayscale Updates Its List of Top 20 Altcoins to Watch in Q1 2025

Although the course of events in the cryptocurrency market has not been encouraging in recent days, analysts continue to have bullish expectations for 2025.

At this point, the world's largest crypto asset management firm, Grayscale, updated its list of the top 20 altcoins to follow in the first quarter of 2025.

Accordingly, Grayscale shared the updated Grayscale Research Top 20 altcoin list in a report dated December 30.

This list includes cryptocurrencies that Grayscale believes have strong potential for the upcoming quarter.

Grayscale stated that six altcoins, namely Hyperliquid (HYPE), Ethena (ENA), Virtual Protocol (VIRTUAL), Jupiter (JUP), Jito (JTO), and Grass (GRASS), were added to the list.

The altcoins removed from the list are: NEAR, STX, MKR, CELO, UMA and TON.

Grayscale's Top 20 List included:

“Bitcoin (BTC) Ethereum (ETH) Solana (SOL) Chainlink (LINK) Sui (SUI) Uniswap (UNI) Hyperliquid (HYPE) Aave (AAVE) Bittensor (TAO) Ethena (ENA) Optimism (OP) Virtuals Protocol (VIRTUAL) Lido DAO (LDO) Helium (HNT) Arweave (AR) Jupiter (JUP) Aerodrome (AERO) Akash Network (AKT) Jito (JTO) Grass (GRASS)”

*This is not investment advice.

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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In 2025, the stablecoin market shows strong signs of growth. Research indicates that the market cap of USD-pegged stablecoins has surged 46% year-over-year, with total trading volume reaching $27.6 trillion, surpassing the combined volume of Visa and Mastercard transactions in 2024. The average circulating supply is also up 28% from the previous year, reflecting sustained market demand. Once used primarily for crypto trading and DeFi collateral, stablecoins are now expanding into cross-border payments and real-world asset management, reinforcing their growing importance in the global financial system. More banks and enterprises are starting to issue their own stablecoins. Standard Chartered launched an HKD-backed stablecoin, and PayPal issued PYUSD. The CEO of Bank of America has expressed interest in launching a stablecoin once regulations permit (via CNBC). Fidelity is developing its own USD stablecoin, while JPMorgan Chase and Bank of America plan to follow suit when market conditions stabilize. Meanwhile, World Liberty Financial (backed by the Trump family) has introduced USD1, backed by assets such as government bonds and cash.

Bitget VIP•2025/04/25 06:05