Grayscale’s Top 20 Altcoins for Q3 2025: AVAX, XRP, OP Rankings Revealed!
Grayscale Updates Q3 2025 altcoin List: New Additions and Notable Exclusions
Changes in Grayscale’s altcoin Rankings
Grayscale has unveiled its updated “Top 20” altcoin list for Q3 2025, showcasing significant shifts in the cryptocurrency investment landscape. The latest list introduces Avalanche (AVAX) and Morpho while removing Lido DAO (LDO) and Optimism (OP), indicating a strategic realignment in their investment focus.
Institutional Preferences Under Scrutiny
Despite ongoing developments, notable cryptocurrencies like Ripple (XRP) and Cardano (ADA) remain absent from Grayscale’s list, raising questions about the criteria influencing institutional investment decisions. The exclusion of these tokens, despite their active projects, suggests a deeper narrative regarding market trends and metrics that shape institutional choices.
Factors Behind Exclusions
Lido continues to dominate the liquid staking sector, while Optimism’s technology supports various Layer 2 networks. However, short-term uncertainties have led to their removal from the list. For Lido, potential regulatory changes in the U.S. could introduce competition in centralized staking, affecting its fee structure. Optimism, despite its broad adoption, has not demonstrated significant revenue growth for its OP token.
The Inclusion of Avalanche and Morpho
Grayscale’s decision to add Avalanche and Morpho reflects a commitment to projects demonstrating real-world utility and ecosystem growth. Avalanche, a leading smart contract platform, has seen increased network activity, likely driven by rising interest in gaming and stablecoin applications, such as its integration with MapleStory. This trend suggests that AVAX is gaining traction beyond mere speculation.
Morpho, on the other hand, has established itself as a formidable player in the decentralized finance (DeFi) lending sector, with over $4 billion in Total Value Locked (TVL) and impressive fee generation. The recent upgrade to Morpho V2 aims to bridge traditional finance with on-chain lending, positioning it for a more significant role in the future of DeFi.
Market Reactions to Grayscale’s Decisions
The omission of well-known altcoins like XRP and ADA from Grayscale’s latest list has negatively impacted investor sentiment, leading to declines in both tokens. ADA saw a decrease of 0.83%, settling at $0.5511, while XRP experienced a drop of nearly 2.9%, reaching $2.08 within a 24-hour period.
Grayscale’s New Initiatives
Coinciding with these price fluctuations, Grayscale announced the launch of a new investment vehicle, the Grayscale Space and Time Trust. This initiative focuses on the Space and Time blockchain, which is designed to facilitate verifiable, real-time data processing for smart contracts, artificial intelligence, and decentralized applications (dApps).
As Grayscale shifts its focus away from certain legacy assets, its evolving strategy highlights a commitment to innovative platforms that address the increasing computational needs of a decentralized future.
