Grayscale在第二季度2025年发布了20个加密货币资产清单

数字资产经理Grayscale监督近160亿美元（15.95B美元）的资产，发布了识别20个加密货币资产的见解

Digital asset manager Grayscale, managing nearly $15.95 billion in assets, has shared its insights into 20 crypto assets to watch for the second quarter of 2025.

数字资产经理Grayscale管理近159.5亿美元的资产，已将其见解分享到2025年第二季度的20个加密货币资产中。

The initiative, based on Grayscale’s internal analysis and metrics, highlights a diverse range of tokens, taking into account various factors like market capitalization, volatility, and use cases.

该倡议基于灰度的内部分析和指标，重点介绍了各种代币，考虑到市值，波动性和用例等各种因素。

The top-tier category includes Bitcoin, the dominant asset with a $1.66 trillion market cap and low volatility of 52.8%. It’s followed by Ethereum, recognized for decentralized applications (dApps) and smart contracts, boasting a $238 billion market cap and higher volatility of 77.4%.

顶级类别包括比特币，比特币，主要资产为1.6.6万美元的市值，低波动性为52.8％。其次是以太坊，以分散申请（DAPP）和智能合约认可，其市值为2380亿美元，而波动性较高77.4％。

Among the promising tokens in this top bracket, Optimism (OP) stands out as an emerging leader among Ethereum L2 scaling solutions. It aims to improve transaction efficiency and reduce costs for dApps built on the main Ethereum network.

在这个顶级括号中有希望的令牌中，乐观主义（OP）在以太坊L2缩放解决方案中成为新兴的领导者。它旨在提高交易效率并降低主要以太坊网络上构建的DAPP成本。

In the realm of stablecoins and scaling solutions, Ethena (ENA), focused on stablecoins, has a smaller market cap of $1.9 billion and a higher volatility of 148.8%.

在Stablecoins和扩展解决方案的领域中，专注于Stablecoins的Ethena（ENA）的市值较小，为19亿美元，波动性较高148.8％。

Among the lower-tier assets in the broader category are Chainlink (LINK), a key player in the DeFi and tokenization sectors, with a smaller market cap of $8.9 billion and a volatility of 105.8%.

在更广泛类别的低层资产中，ChainLink（Link）是DEFI和令牌部门的关键参与者，其市值较小89亿美元，波动性为105.8％。

As a decentralized oracle network, Chainlink is critical in ensuring secure and reliable data transfers for smart contracts, a role that renders it valuable across various DeFi protocols.

作为一个分散的Oracle网络，ChainLink对于确保智能合约的安全可靠数据传输至关重要，这一角色使其在各种Defi协议中都具有价值。

Another essential aspect highlighted by Grayscale is the importance of performing individual due diligence (DYOR) before investing.

灰度表明的另一个基本方面是在投资前进行个人尽职调查（DYOR）的重要性。

While the identified tokens show promise according to Grayscale’s selected metrics, the entire cryptocurrency market is subject to significant volatility, necessitating caution and risk management when making investment decisions.

尽管已确定的令牌根据灰度所选的指标表现出希望，但整个加密货币市场都会遭受明显的波动性，在做出投资决策时需要谨慎和风险管理。

The asset manager advises investors to conduct their research diligently and consider the implications of any investment carefully.

资产经理建议投资者努力进行研究，并仔细考虑任何投资的含义。