Grayscale的前20名：Avax和Morpho晋级！

Grayscale更新了其前20名加密货币列表，并在AI加密行业获得了吸引力时添加了雪崩（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更新动摇了！ Avax和Morpho加入了前20名，这表明将重点转移到游戏一体化和Defi Lengend上。是什么推动了这些变化？让我们潜入！

Avalanche (AVAX): Leveling Up the Crypto Game

雪崩（Avax）：升级加密游戏

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将纳入Grayscale的前20名不仅仅是随机选择。这是由于交易量和用户活动的激增所推动的，可能与一些非常酷的游戏集成有关，例如Maplestory的入门。另外，增加的稳定使用情况表明真正的生态系统增长。 Avax证明这不仅仅是炒作。

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作为分散贷款方案的崛起很难忽略。按总价值锁定（TVL）为第二大，超过40亿美元，收入收入不断增长，使Morpho成为强大的竞争者。旨在与传统金融桥接Fefi的Morpho V2的推出是改变游戏规则的。灰度清楚地看到了链上贷款的潜力，诸如Morpho，Aave和Maple Finance之类的定位资产来抓住一大块馅饼。

Why the Shake-Up? LDO and OP Out

为什么要进行改动？ 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.

为了腾出空间，为avax和morpho腾出空间，灰度不得不向里多（LDO）和乐观（OP）说再见。尽管它们在堆放和第2层缩放中的作用，但围栏的监管不确定性可能会给里多多的收入带来压力。尽管采用了广泛的技术，乐观的令牌并未完全占据经济价值。这是一个艰难的电话，但格雷斯卡（Grayscale）押注了近期势头。

AI Crypto Sector: The New Kid on the Block

AI加密货币部门：街区的新孩子

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!

举起，镇上有一个新球员！ Grayscale已正式推出了其AI加密货币领域，由Bittensor（Tao）领导，跟踪了24个与AI相关的代币，价值150亿美元。该行业的收益为10％，表明对将区块链与人工智能合并的项目的兴趣日益增加。伙计们，请密切关注这个空间！

Broader Trends: Ups and Downs

更广泛的趋势：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是一个混合的袋子。比特币领导货币领域的收益，而智能合约平台的交易量增加，但随着Memecoin Mania的降温，费用收入下降。但是，嘿，对分散的AI，Defi Lending和Smart Contract Platforms的兴趣日益加剧。

The Bottom Line

底线

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个更新突出了加密市场的动态性质。 Avax和Morpho在浪潮，AI部门正在加热，创新还活着且良好。当然，灰度提醒我们，这些都是高风险，高挥发性的投资。但是，对于那些胃口高的人来说，跟上这些趋势可能会有所回报。

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!

那么，您怎么看？ avax和morpho值得增加吗？ AI加密领域是下一个大事吗？让我们聊天！