The Grayscale report categorizes the cryptocurrency industry into five major sectors, including Currency, Smart Contract Platforms, Financials, Consumer & Culture, and Utilities & Services.

Grayscale has released a cryptocurrency industry classification framework that divides the digital asset market into five major sectors: Currency (Currencies), Smart Contract Platforms, Financials, Consumer & Culture, and Utilities & Services. The report shows that, despite a significant increase in Bitcoin this year, the overall performance of cryptocurrency asset categories has shown differentiation. Currency assets include Bitcoin, XRP, and Zcash; Smart Contract Platforms include Ethereum, Solana, and Polygon; Financials include Maker, Uniswap, and Aave; the Consumer & Culture sector includes ApeCoin, Decentraland, and Sandbox; and Infrastructure Services include Chainlink, Filecoin, and Lido DAO.