Grayscale Investments, a leading digital asset manager, has released its latest prediction for the top 20 cryptocurrencies with the most potential in the coming quarter. The firm has introduced several new assets to the list, including SUI, TAO, OP, HNT, CELO, and UMA.
Meanwhile, tokens such as Render (RENDER), Mantle (MNT), ThorChain (RUNE), Pendle (PENDLE), Illuvium (ILV), and Raydium (RAY) have been removed from the previous quarter’s list.
Grayscale justified the inclusion of Helium, stating, “Helium’s leadership in the DePIN category and its sustainable revenue generation align with our investment strategy.” The firm highlighted Helium’s significant growth, with over 1 million total hotspots and 100,000 mobile subscribers.
The six new additions to the Top 20 list include:
- Sui: A high-performance Layer 1 blockchain known for its innovative applications.
- Bittensor: A platform dedicated to developing open and global AI systems.
- Optimism: An Ethereum scaling project utilizing optimistic rollups.
- Helium: A decentralized wireless network operating on Solana.
- Celo: A mobile-first blockchain project transitioning to an Ethereum Layer 2 network.
- UMA Protocol: An optimistic oracle network providing services to Polymarket and other protocols.
