Grayscale Research 公佈預計 2025 年第一季表現良好的 20 種加密資產

隨著 2024 年接近尾聲，Grayscale Research 發布了預計在下一季表現良好的前 20 種加密資產的更新清單。

Key Takeaways

重點

Grayscale Research has unveiled its updated list of the top 20 crypto assets poised to perform well in Q1 2ضب25, as 2024 draws to a close. The list welcomes six new altcoins.

隨著 2024 年接近尾聲，灰階研究 (Grayscale Research) 公佈了最新的 20 種加密資產名單，預計將在 2025 年第一季表現良好。該清單歡迎六種新的山寨幣。

The updates are influenced by themes regarding the US elections, advancements in decentralized AI technologies, and growth within the Solana ecosystem, which Grayscale forecasts will be key for the next quarter.

這些更新受到美國大選、去中心化人工智慧技術進步以及 Solana 生態系統內成長等主題的影響，Grayscale 預測這將是下個季度的關鍵。

Decentralized AI platforms were previously included on Grayscale’s Q4 2024 list, featuring Bittensor (TAO). For the next quarter, there is a heightened emphasis on this sector with the inclusion of Virtual Protocol (VIRTUAL) and Grass (GRASS).

去中心化人工智慧平台先前已被列入 Grayscale 2024 年第四季列表，其中包括 Bittensor (TAO)。下一季度，該領域將受到高度重視，其中包括虛擬協議 (VIRTUAL) 和草 (GRASS)。

Launched in October 2024 on Base, Virtuals Protocol enables users to effortlessly create, deploy, and monetize AI agents without requiring any technical expertise. The VIRTUAL token hit $1.4 billion in market value within one month of launch and is now the largest AI agent coin with a market cap of $3.4 billion, according to CoinGecko data at press time.

Virtuals Protocol 於 2024 年 10 月在 Base 上推出，使用戶能夠輕鬆創建、部署 AI 代理並從中獲利，而無需任何技術專業知識。根據 CoinGecko 截至發稿時的數據，VIRTUAL 代幣在推出一個月內市值就達到了 14 億美元，目前是最大的人工智慧代理代幣，市值達 34 億美元。

Tapping into both the growing AI and Solana ecosystems, Grass is a decentralized network built on Solana’s layer-2. It enables residential users to contribute their unused internet bandwidth through nodes, which collect public web data for AI training. The GRASS token has soared around 160% since its launch in late October, per CoinGecko.

Grass 充分利用不斷發展的人工智慧和 Solana 生態系統，是基於 Solana 第 2 層所建構的去中心化網路。它使住宅用戶能夠透過節點貢獻其未使用的網路頻寬，這些節點收集公共網路資料以進行人工智慧訓練。據 CoinGecko 稱，自 10 月底推出以來，GRASS 代幣已飆升約 160%。

Meanwhile, Hyperliquid has emerged as a leader in trading volume and total value locked among decentralized perpetual swap platforms. Its HYPE token has risen approximately 300% since its November 29 launch, reaching $28.

同時，Hyperliquid 已成為去中心化永續互換平台中交易量和鎖定總價值的領導者。自 11 月 29 日推出以來，其 HYPE 代幣已上漲約 300%，達到 28 美元。

Jupiter leads as the primary DEX aggregator on Solana with the highest total value locked, while Jito, a liquid staking protocol, generated over $550 million in fee revenue in 2024, Grayscale Research highlights.

Grayscale Research 強調，Jupiter 是 Solana 上鎖定總價值最高的主要 DEX 聚合器，而 Jito 是一種流動質押協議，在 2024 年產生了超過 5.5 億美元的費用收入。

Six assets—Toncoin (TON), Near (NEAR), Stacks (STX), Maker (MKR), Celo (CELO), and UMA Protocol (UMA)—were removed from the list.

Toncoin (TON)、Near (NEAR)、Stacks (STX)、Maker (MKR)、Celo (CELO) 和 UMA Protocol (UMA) 六種資產已從清單中刪除。

According to Grayscale, these projects remain relevant to the crypto ecosystem, but the team believes the revised selection offers a more compelling risk-adjusted return profile for the next quarter.

根據 Grayscale 的說法，這些項目仍然與加密貨幣生態系統相關，但該團隊認為，修訂後的選擇為下一季提供了更引人注目的風險調整後回報。

The smart contract arena

智能合約領域

Smart contract platform competition is another highlight in Grayscale Research’s report. While Ethereum had some big wins this quarter, it didn’t outperform some of its rivals, especially Solana.

智慧合約平台競爭是灰階研究報告中的另一個亮點。儘管以太坊本季取得了一些重大勝利，但它的表現並沒有超過一些競爭對手，尤其是 Solana。