Grayscale's research arm has updated its list of the top 20 crypto assets to watch in the first quarter of 2025.

Based on several factors, Grayscale Research did just that It has been updated Its list of potential cryptocurrencies in the first quarter of 2025. The list includes six diverse new tokens, including HyperLiquid (The noise), Athena Laboratories (this), virtual protocol (hypothetical), the buyer (Job), ghetto (Geto) and grass (herb).

Chainlink (connection), helium, and optimism (HeyP) returned to the top 20, while Cielo was excluded from the updated list.

Grayscale Research took into account several metrics, including network adoption, growth drivers, fundamentals, token economy, supply data, and potential risks, to compile the “Top 20” list.

The updated list includes assets in DeFi, staking, liquid staking, the Solana ecosystem, and artificial intelligence. Researchers at Grayscale highlighted that these areas are likely to receive more attention from investors and regulators in the first quarter of 2025.

The research department also pointed to the continued upward trend of sectors such as Ethereum Layer 2 networks and crypto.

In addition to the new topics mentioned above, we are still excited about topics from previous chapters such as Ethereum scaling solutions, tokenization, and decentralized physical infrastructure (DePIN). Each of these topics is represented by listing the top 20 protocols, such as Optimism, Chainlink, and Helium, respectively.

Grayscale research

In other Grayscale-related news, the investment manager filed a Form 8-K for Horizon Trust with the SEC last week. The company too Fired Individual trust products powered by Lido DAO (LDO) and optimism.