Grayscale的前20名：Avax和Morpho晉級！

Grayscale更新了其前20名加密貨幣列表，並在AI加密行業獲得了吸引力時添加了雪崩（Avax）和Morpho（Morpho）（Morpho）。

Grayscale's Q3 update shakes things up! AVAX and MORPHO join the Top 20, signaling a shift in focus towards gaming integrations and DeFi lending. What's driving these changes? Let's dive in!

Grayscale的Q3更新動搖了！ Avax和Morpho加入了前20名，這表明將重點轉移到遊戲一體化和Defi Lengend上。是什麼推動了這些變化？讓我們潛入！

Avalanche (AVAX): Leveling Up the Crypto Game

雪崩（Avax）：升級加密遊戲

Avalanche's inclusion in Grayscale's Top 20 isn't just a random pick. It's fueled by a surge in transaction volume and user activity, possibly linked to some pretty cool gaming integrations, like the onboarding of MapleStory. Plus, increased stablecoin usage suggests real ecosystem growth. AVAX is proving it's more than just hype.

Avalanche將納入Grayscale的前20名不僅僅是隨機選擇。這是由於交易量和用戶活動的激增所推動的，可能與一些非常酷的遊戲集成有關，例如Maplestory的入門。另外，增加的穩定使用情況表明真正的生態系統增長。 Avax證明這不僅僅是炒作。

Morpho (MORPHO): Lending a Hand in DeFi

morpho（morpho）：借助defi

Morpho's rise as a decentralized lending protocol is hard to ignore. Ranking as the second-largest by Total Value Locked (TVL), with over $4 billion, and growing fee revenue makes Morpho a strong contender. The launch of Morpho V2, aimed at bridging DeFi with traditional finance, is a game-changer. Grayscale clearly sees the potential in on-chain lending, positioning assets like Morpho, Aave, and Maple Finance to grab a big piece of the pie.

Morpho作為分散貸款方案的崛起很難忽略。按總價值鎖定（TVL）為第二大，超過40億美元，收入收入不斷增長，使Morpho成為強大的競爭者。旨在與傳統金融橋接Fefi的Morpho V2的推出是改變遊戲規則的。灰度清楚地看到了鏈上貸款的潛力，諸如Morpho，Aave和Maple Finance之類的定位資產來抓住一大塊餡餅。

Why the Shake-Up? LDO and OP Out

為什麼要進行改動？ LDO和OP OUT

To make room for AVAX and MORPHO, Grayscale had to say goodbye to Lido (LDO) and Optimism (OP). Despite their roles in staking and Layer 2 scaling, regulatory uncertainty around staking might pressure Lido's revenue. Optimism's token hasn't quite captured the economic value despite widespread tech adoption. It's a tough call, but Grayscale's betting on near-term momentum.

為了騰出空間，為avax和morpho騰出空間，灰度不得不向裡多（LDO）和樂觀（OP）說再見。儘管它們在堆放和第2層縮放中的作用，但圍欄的監管不確定性可能會給裡多多的收入帶來壓力。儘管採用了廣泛的技術，樂觀的令牌並未完全佔據經濟價值。這是一個艱難的電話，但格雷斯卡（Grayscale）押注了近期勢頭。

AI Crypto Sector: The New Kid on the Block

AI加密貨幣部門：街區的新孩子

Hold up, there's a new player in town! Grayscale has officially launched its AI Crypto Sector, tracking 24 AI-related tokens now worth $15 billion, led by Bittensor (TAO). This sector saw a 10% gain in Q2, signaling growing interest in projects that merge blockchain with artificial intelligence. Keep an eye on this space, folks!

舉起，鎮上有一個新球員！ Grayscale已正式推出了其AI加密貨幣領域，由Bittensor（Tao）領導，跟踪了24個與AI相關的代幣，價值150億美元。該行業的收益為10％，表明對將區塊鏈與人工智能合併的項目的興趣日益增加。伙計們，請密切關注這個空間！

Broader Trends: Ups and Downs

更廣泛的趨勢：起伏

Q2 2025 was a mixed bag. Bitcoin led gains in the Currencies sector, while Smart Contract Platforms saw a rise in transaction volume but a drop in fee revenues as memecoin mania cooled off. But hey, growing interest in decentralized AI, DeFi lending, and smart contract platforms is a win.

Q2 2025是一個混合的袋子。比特幣領導貨幣領域的收益，而智能合約平台的交易量增加，但隨著Memecoin Mania的降溫，費用收入下降。但是，嘿，對分散的AI，Defi Lending和Smart Contract Platforms的興趣日益加劇。

The Bottom Line

底線

Grayscale's Top 20 update highlights the dynamic nature of the crypto market. AVAX and MORPHO are making waves, the AI sector is heating up, and innovation is alive and well. Of course, Grayscale reminds us that these are high-risk, high-volatility investments. But for those with a high risk appetite, keeping up with these trends might just pay off.

Grayscale的前20個更新突出了加密市場的動態性質。 Avax和Morpho在浪潮，AI部門正在加熱，創新還活著且良好。當然，灰度提醒我們，這些都是高風險，高揮發性的投資。但是，對於那些胃口高的人來說，跟上這些趨勢可能會有所回報。

So, what do you think? Are AVAX and MORPHO worthy additions? Is the AI crypto sector the next big thing? Let's chat about it!

那麼，您怎麼看？ avax和morpho值得增加嗎？ AI加密領域是下一個大事嗎？讓我們聊天！