灰度，avax和您的投資組合：是時候重新考慮加密貨幣了嗎？

Grayscale的Q3 2025投資組合更新標誌著輪班。發現為什麼Avax和Morpho進入，這對您的加密分配意味著什麼，如果40％的加密貨幣組合是新規範。

The crypto landscape is ever-evolving, and recent moves by industry giants like Grayscale are causing investors to take notice. With Avalanche (AVAX) gaining traction and financial advisors suggesting radical portfolio shifts, it's time to dive into the latest trends and insights surrounding Grayscale, AVAX, and the potential for a crypto-heavy portfolio.

加密景觀一直在不斷發展，諸如灰度之類的行業巨頭的最新舉動正在引起投資者的注意。隨著雪崩（Avax）獲得關注和財務顧問的提示，該顧問提出了激進的投資組合變化，現在該潛入圍繞灰度，avax的最新趨勢和見解，並有可能獲得加密貨幣高的投資組合。

Grayscale's Q3 2025: AVAX Takes Center Stage

灰度的Q3 2025：Avax成為中心舞台

Grayscale Investments' Q3 2025 portfolio revision is making waves. The inclusion of Avalanche (AVAX) alongside Morpho (MORPHO) signals a strategic focus on high-growth potential assets. This shift highlights the increasing importance of decentralized finance (DeFi) and smart contract environments within the crypto space. To accommodate these additions, Grayscale removed Lido (LDO) and Optimism (OP) from its top 20 list.

Grayscale Investments的第三季度2025 Portfolio修訂正在浪潮。將雪崩（avax）與morpho（morpho）一起包含，這表明戰略關注高增長潛在資產。這種轉變強調了加密空間內分散融資（DEFI）和智能合約環境的重要性。為了容納這些添加，灰度從其前20名列表中刪除了Lido（LDO）和樂觀（OP）。

Why AVAX?

為什麼要avax？

Avalanche's rise can be attributed to its booming on-chain transaction volumes and strong user activity, particularly in gaming integrations like MapleStory and stablecoin usage. Grayscale emphasizes Avalanche's capacity to handle numerous transactions, showcasing solid fundamentals. Even amidst a bearish market, AVAX has maintained a price above $17, with potential to reach $20 if bullish trends continue. This performance underscores its potential as a key smart contract protocol.

雪崩的崛起可以歸因於其蓬勃發展的鏈上交易量和強大的用戶活動，尤其是在Maplestory和Stablecoin使用之類的遊戲集成中。 Grayscale強調了Avalanche處理眾多交易的能力，展示了堅實的基本面。即使是在看跌市場中，Avax的價格仍高於17美元，如果看漲趨勢繼續下去，則可能會達到20美元。這種性能強調了其作為關鍵智能合同協議的潛力。

Morpho's DeFi Innovation

Morpho的Defi Innovation

Morpho's inclusion reflects its advancements in decentralized finance. The introduction of Morpho V2 brings market-driven, fixed-rate loans with variable periods, bridging traditional finance with DeFi. Grayscale views Morpho, along with Aave and Maple Finance, as well-positioned to capitalize on the expansion of on-chain financing. By aligning DeFi with institutional needs, Morpho V2 offers predictable loan structures and supports various assets, including real-world assets (RWAs) as collateral, making it more flexible.

Morpho的包容性反映了其在分散財務方面的進步。 Morpho V2的引入帶來了以市場為導向的固定利率貸款，並帶有可變的時期，從而使傳統的財務與Defi融合在一起。灰度視圖Morpho以及Aave和Maple Finance，以及利用鏈上融資的擴展。通過使Defi與機構需求保持一致，Morpho V2提供了可預測的貸款結構，並支持各種資產，包括現實世界中的資產（RWAS）作為抵押品，使其更加靈活。

The Departures: Lido and Optimism

出發：利多和樂觀

The delisting of Lido was driven by regulatory uncertainties surrounding staking, which could impact its fee revenue. Optimism, despite its Layer 2 scaling efforts, failed to capture sufficient economic value. These decisions reflect Grayscale's cautious approach to assets facing regulatory or economic headwinds.

lido的推薦是由圍繞樁的監管不確定性驅動的，這可能會影響其費用收入。樂觀情緒，儘管有2層的擴展工作，但仍未贏得足夠的經濟價值。這些決定反映了灰度對法規或經濟逆風的資產的謹慎方法。

Is a 40% Crypto Portfolio the New Normal?

40％加密貨幣組合是新常態嗎？

Financial advisor Ric Edelman suggests a significant shift in crypto allocation, recommending financial advisors consider anywhere from 10% to 40% allocations to cryptocurrencies. This is a radical shift from his previous recommendation of low single digits. This recommendation stems from the evolution of the crypto industry, with governments not banning Bitcoin and the increasing adoption by consumers and institutions.

財務顧問里克·埃德曼（Ric Edelman）建議加密分配發生重大轉變，建議財務顧問考慮到加密貨幣的10％到40％的分配。這是他以前對低單位數字的建議的根本轉變。這一建議源於加密貨幣行業的發展，政府不禁止比特幣以及消費者和機構的收養不斷提高。

Edelman also points to the obsolescence of the traditional 60/40 investment model (60% stocks, 40% bonds) due to increased longevity. With people living longer, the need for higher returns necessitates a larger allocation to equities and alternative assets like crypto. Crypto's low correlation with traditional assets like stocks, bonds, gold, and oil makes it a valuable tool for improving modern portfolio theory statistics.

愛德曼還指出，由於壽命的增加，傳統的60/40投資模型（60％股票，40％債券）的過時。隨著人們的壽命更長，對更高回報的需求需要對股票和加密貨幣等替代資產進行更大的分配。加密與傳統資產（如股票，債券，黃金和石油）的低相關性使其成為改善現代投資組合理論統計數據的寶貴工具。

BlockDAG: A New Contender?

塊：一個新的競爭者？

While established players like AVAX solidify their positions, new projects like BlockDAG (BDAG) are emerging. BlockDAG's 100 million coin airdrop is designed to reward active users through various quests, fostering a strong network. With substantial presale funding and a mobile-first approach, BlockDAG is gaining attention as a potential top crypto coin. However, as always, remember to do your own research!

儘管像Avax這樣的成熟參與者鞏固了自己的位置，但像BlockDag（BDAG）這樣的新項目正在出現。 BlockDag的1億硬幣Airdrop旨在通過各種任務來獎勵活躍的用戶，從而促進一個強大的網絡。 Blockdag通過大量的預融資和移動優先的方法，成為潛在的頂級加密硬幣。但是，一如既往，請記住自己的研究！

Final Thoughts

最後的想法

The crypto market is dynamic, with Grayscale's strategic portfolio adjustments and expert opinions indicating a growing acceptance of digital assets. Whether you're an experienced investor or just dipping your toes into the crypto waters, staying informed about these trends is crucial. So, keep your eyes peeled, do your homework, and who knows? Maybe a 40% crypto portfolio isn't so crazy after all. After all, who wants to be stuck with boring old bonds when you could be riding the crypto wave? Just sayin'!

加密市場是動態的，灰度的戰略投資組合調整和專家意見，表明對數字資產的接受程度越來越大。無論您是經驗豐富的投資者，還是僅將腳趾浸入加密貨幣水域，請了解這些趨勢都是至關重要的。因此，請保持眼睛剝皮，做作業，誰知道？也許40％的加密產品組合併不那麼瘋狂。畢竟，當您可以騎加密波浪時，誰想被無聊的舊紐帶陷入困境？只是說！