Grayscale: 6 new tokens including HYPE and VIRTUAL added to Top 20 in Q1 2025

Every quarter, Grayscale Research lists the top 20 assets in the cryptocurrency industry, representing a diverse range of assets in the sector, and indicating that Grayscale believes these assets have high potential in the coming quarter.
In Q1 2025, Grayscale will focus on tokens that involve at least one of the following three core market themes:
(1) The U.S. elections and their potential impact on industry regulation, especially in areas like decentralized finance (DeFi) and staking;
(2) Ongoing breakthroughs in decentralized AI technology and the use of AI agents in blockchain;
(3) The growth of the Solana ecosystem.
Based on these themes, Grayscale has added six assets to the Top 20 list for Q1 2025. They are HYPE, ENA, VIRTUAL, JUP, JTO, and GRASS.
The complete Top 20 token list is shown in the figure below.