Grey releases Q3 Top 20 list, adds AVAX and MORPHO and removes LDOs and OPs
2025-06-27 00:22:54
According to the official announcement, Grayscale Research updated the list of Top 20 assets for the third quarter of 2025, adding Avalanche (AVAX) and Morpho (MORPHO) this quarter, respectively, due to the increase in active level of on-chain transactions and strong growth in decentralized lending; removed Lido DAO (LDO) and Optimism (OP) are facing competition pressure from centralized pledge services and uncertainty in token revenue distribution.
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