Grayscale Research has released a new list of 20 digital assets with high potential in the fourth quarter of the year.
When developing its list, the leading asset manager's research arm considers factors such as possible catalysts, network adoption, potential risk factors, and more.
During this period, Grayscale Research added a total of six new digital assets to its list. These include $SUI (SUI)
$Helium (HNT), Bittensor (TAO), UMA Protocol (UMA) and $CELO
Grayscale claims that these Sui and Optimism are supposed to represent high performance infrastructure.
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He noted that $Sui, a third-generation blockchain, had surpassed Solana, the “Ethereum killer,” in terms of transaction speed. SOL, the native token of the Solana blockchain, is of course also on that list. As for Optimism, he mentioned the “Superchain” network of chains that share a common open-source technology stack.
UMA, an oracle network, is expected to benefit from the growing popularity of the Polymarket prediction market. Meanwhile, Celo could see some upside due to the growing adoption of stablecoins.
Grayscale included Helium, a blockchain-based network for enabling Internet of Things (IoT) devices, because of its ability to generate stable revenue.
Finally, Bittensnor could be considered an artificial intelligence (AI) game. The project aims to merge AI with blockchain, thus contributing to the decentralization of the former.
Meanwhile, ThorChain (RUNE), Raydium (RAY) and some other coins have dropped out of the top 20.
