Grayscale selected high-potential tokens in the third quarter

Grayscale released a research report a few days ago and announced 20 tokens with high potential in the next quarter. These crypto assets were selected based on the Grayscale Research team's consideration of upcoming catalysts, trend market themes and token-specific fundamentals.

Original link:

https://www.grayscale.com/research/market-commentary/grayscale-research-insights-crypto-sectors-in-q3-2024

Here are 20 tokens with high potential selected by Grayscale: $BTC $ETH $SOL $TON $LINK $UNI $NEAR $RNDR $STX $MNT $MKR $LDO $AR $RUNE $AAVE $PENDLE $AKT $ILV $RAY $AERO

Grayscale also stated that the cryptocurrency has risen less this year and its performance has been uneven. There are few times when they have risen together and performed strongly. Most of them are led by a few sectors and a few tokens. The most obvious one is that artificial intelligence (AI) has performed very well this year, with an equal-weight basket of AI-adjacent crypto tokens up 80% compared to a small decline in the overall crypto market.

Here are the tokens that Grayscale Research considers to be AI-related: $AGIX, $AKT, $AR, $FET, $FIL, $GLM, $LPT, $NEAR, $OCEAN, $PRIME, $RNDR, $RSS3, $TFUEL, $THETA, $TRAC, and $WLD. (In alphabetical order)

Not only that, the Ethereum ecosystem has also been included in Grayscale Research's focus this quarter due to the potential approval of spot Ethereum ETPs. For example, layer 2 tokens (such as Mantle), Ethereum DeFi protocols (such as Uniswap, Maker, and Aave), and other assets that are critical to the operation of the Ethereum network (such as Lido, a staking protocol), etc.