Grayscale Updates Top 20 Altcoins for Q3 2025

Grayscale, a leading investment company in the cryptocurrency sector, has published its expectations for the third quarter of 2025.

On June 27, Grayscale updated its list of the top 20 altcoins to watch, featuring cryptocurrencies it believes have strong potential for the upcoming quarter.

New Additions

Grayscale has added two new altcoins to its list: Avalanche (AVAX) and Morpho (MORPHO).

> “We have updated the Grayscale Research Top 20. The Top 20 represents a diversified list that, in our view, has high potential in the coming quarters. New assets this quarter were Avalanche (AVAX) and Morpho (MORPHO). All assets in our Top 20 list have high volatility and should be considered high risk.”

Removed Altcoins

Grayscale removed Lido DAO (LDO) and Optimism (OP) from last quarter’s list.

Updated Top 20 List

The cryptocurrencies with high potential for the second quarter are:
– Bitcoin (BTC)
– Ethereum (ETH)
– Solana (SOL)
– Chainlink (LINK)
– Sui (SUI)
– Hyperliquid (HYPE)
– Avalanche (AVAX)
– Uniswap (UNI)
– Aave (AAVE)
– Bittensor (TAO)
– Ethena (ENA)
– Virtuals Protocol (VIRTUAL)
– Story Protocol (IP)
– Jito (JTO)
– Aerodrome (AERO)
– Helium (HNT)
– Morpho (MORPHO)
– Grass (GRASS)
– Geodnet (GEOD)

> “We have updated the Grayscale Research Top 20. The Top 20 represents a diversified set of assets across Crypto Sectors that, in our view, have high potential over the coming quarter.”
> — Grayscale (@Grayscale) June 26, 2025

This is not investment advice.