Deep Tide TechFlow News, on December 9, Grayscale released a classification framework for the cryptocurrency industry, dividing the digital asset market into five major sectors: Currencies, Smart Contract Platforms, Financials, Consumer & Culture, and Utilities & Services.

The report shows that despite significant gains in Bitcoin this year, the cryptocurrency asset class as a whole is exhibiting a divergent trend. The 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.