ChainCatcher message, Grayscale Research indicates that in Q1 2025, Grayscale will focus on tokens that involve at least one of the following three core market themes: the U.S. elections and their potential impact on industry regulation, particularly in areas like decentralized finance (DeFi) and staking; the ongoing breakthroughs in decentralized AI technology and the use of AI agents on blockchain; the growth of the Solana ecosystem. Based on these themes, Grayscale has added six assets to the Top 20 list for Q1 2025, namely HYPE, ENA, VIRTUAL, JUP, JTO, and GRASS.