灰度，avax和您的投资组合：是时候重新考虑加密货币了吗？

Grayscale的Q3 2025投资组合更新标志着轮班。发现为什么Avax和Morpho进入，这对您的加密分配意味着什么，如果40％的加密货币组合是新规范。

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.

加密景观一直在不断发展，诸如灰度之类的行业巨头的最新举动正在引起投资者的注意。随着雪崩（Avax）获得关注和财务顾问的提示，该顾问提出了激进的投资组合变化，现在该潜入围绕灰度，avax的最新趋势和见解，并有可能获得加密货币高的投资组合。

Grayscale's Q3 2025: AVAX Takes Center Stage

灰度的Q3 2025：Avax成为中心舞台

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修订正在浪潮。将雪崩（avax）与morpho（morpho）一起包含，这表明战略关注高增长潜在资产。这种转变强调了加密空间内分散融资（DEFI）和智能合约环境的重要性。为了容纳这些添加，灰度从其前20名列表中删除了Lido（LDO）和乐观（OP）。

Why AVAX?

为什么要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.

雪崩的崛起可以归因于其蓬勃发展的链上交易量和强大的用户活动，尤其是在Maplestory和Stablecoin使用之类的游戏集成中。 Grayscale强调了Avalanche处理众多交易的能力，展示了坚实的基本面。即使是在看跌市场中，Avax的价格仍高于17美元，如果看涨趋势继续下去，则可能会达到20美元。这种性能强调了其作为关键智能合同协议的潜力。

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财务方面的进步。 Morpho V2的引入带来了以市场为导向的固定利率贷款，并带有可变的时期，从而使传统的财务与Defi融合在一起。灰度视图Morpho以及Aave和Maple Finance，以及利用链上融资的扩展。通过使Defi与机构需求保持一致，Morpho V2提供了可预测的贷款结构，并支持各种资产，包括现实世界中的资产（RWAS）作为抵押品，使其更加灵活。

The Departures: Lido and Optimism

出发：利多和乐观

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的推荐是由围绕桩的监管不确定性驱动的，这可能会影响其费用收入。乐观情绪，尽管有2层的扩展工作，但仍未赢得足够的经济价值。这些决定反映了灰度对法规或经济逆风的资产的谨慎方法。

Is a 40% Crypto Portfolio the New Normal?

40％加密货币组合是新常态吗？

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.

财务顾问里克·埃德曼（Ric Edelman）建议加密分配发生重大转变，建议财务顾问考虑到加密货币的10％到40％的分配。这是他以前对低单位数字的建议的根本转变。这一建议源于加密货币行业的发展，政府不禁止比特币以及消费者和机构的收养不断提高。

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.

爱德曼还指出，由于寿命的增加，传统的60/40投资模型（60％股票，40％债券）的过时。随着人们的寿命更长，对更高回报的需求需要对股票和加密货币等替代资产进行更大的分配。加密与传统资产（如股票，债券，黄金和石油）的低相关性使其成为改善现代投资组合理论统计数据的宝贵工具。

BlockDAG: A New Contender?

块：一个新的竞争者？

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!

尽管像Avax这样的成熟参与者巩固了自己的位置，但像BlockDag（BDAG）这样的新项目正在出现。 BlockDag的1亿硬币Airdrop旨在通过各种任务来奖励活跃的用户，从而促进一个强大的网络。 Blockdag通过大量的预融资和移动优先的方法，成为潜在的顶级加密硬币。但是，一如既往，请记住自己的研究！

Final Thoughts

最后的想法

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'!

加密市场是动态的，灰度的战略投资组合调整和专家意见，表明对数字资产的接受程度越来越大。无论您是经验丰富的投资者，还是仅将脚趾浸入加密货币水域，请了解这些趋势都是至关重要的。因此，请保持眼睛剥皮，做作业，谁知道？也许40％的加密产品组合并不那么疯狂。毕竟，当您可以骑加密波浪时，谁想被无聊的旧纽带陷入困境？只是说！