Grayscale Research 公布预计 2025 年第一季度表现良好的 20 种加密资产

随着 2024 年接近尾声，Grayscale Research 发布了预计在下一季度表现良好的前 20 种加密资产的更新列表。

Key Takeaways

要点

Grayscale Research has unveiled its updated list of the top 20 crypto assets poised to perform well in Q1 2ضب25, as 2024 draws to a close. The list welcomes six new altcoins.

随着 2024 年接近尾声，灰度研究 (Grayscale Research) 公布了其最新的 20 种加密资产名单，预计将在 2025 年第一季度表现良好。该列表欢迎六种新的山寨币。

The updates are influenced by themes regarding the US elections, advancements in decentralized AI technologies, and growth within the Solana ecosystem, which Grayscale forecasts will be key for the next quarter.

这些更新受到美国大选、去中心化人工智能技术进步以及 Solana 生态系统内增长等主题的影响，Grayscale 预测这将是下个季度的关键。

Decentralized AI platforms were previously included on Grayscale’s Q4 2024 list, featuring Bittensor (TAO). For the next quarter, there is a heightened emphasis on this sector with the inclusion of Virtual Protocol (VIRTUAL) and Grass (GRASS).

去中心化人工智能平台此前已被列入 Grayscale 2024 年第四季度列表，其中包括 Bittensor (TAO)。下一季度，该领域将受到高度重视，其中包括虚拟协议 (VIRTUAL) 和草 (GRASS)。

Launched in October 2024 on Base, Virtuals Protocol enables users to effortlessly create, deploy, and monetize AI agents without requiring any technical expertise. The VIRTUAL token hit $1.4 billion in market value within one month of launch and is now the largest AI agent coin with a market cap of $3.4 billion, according to CoinGecko data at press time.

Virtuals Protocol 于 2024 年 10 月在 Base 上推出，使用户能够轻松创建、部署 AI 代理并从中获利，而无需任何技术专业知识。根据 CoinGecko 截至发稿时的数据，VIRTUAL 代币在推出一个月内市值就达到了 14 亿美元，目前是最大的人工智能代理代币，市值达 34 亿美元。

Tapping into both the growing AI and Solana ecosystems, Grass is a decentralized network built on Solana’s layer-2. It enables residential users to contribute their unused internet bandwidth through nodes, which collect public web data for AI training. The GRASS token has soared around 160% since its launch in late October, per CoinGecko.

Grass 充分利用不断发展的人工智能和 Solana 生态系统，是一个基于 Solana 第 2 层构建的去中心化网络。它使住宅用户能够通过节点贡献其未使用的互联网带宽，这些节点收集公共网络数据以进行人工智能训练。据 CoinGecko 称，自 10 月底推出以来，GRASS 代币已飙升约 160%。

Meanwhile, Hyperliquid has emerged as a leader in trading volume and total value locked among decentralized perpetual swap platforms. Its HYPE token has risen approximately 300% since its November 29 launch, reaching $28.

与此同时，Hyperliquid 已成为去中心化永续互换平台中交易量和锁定总价值的领导者。自 11 月 29 日推出以来，其 HYPE 代币已上涨约 300%，达到 28 美元。

Jupiter leads as the primary DEX aggregator on Solana with the highest total value locked, while Jito, a liquid staking protocol, generated over $550 million in fee revenue in 2024, Grayscale Research highlights.

Grayscale Research 强调，Jupiter 是 Solana 上锁定总价值最高的主要 DEX 聚合器，而 Jito 是一种流动质押协议，在 2024 年产生了超过 5.5 亿美元的费用收入。

Six assets—Toncoin (TON), Near (NEAR), Stacks (STX), Maker (MKR), Celo (CELO), and UMA Protocol (UMA)—were removed from the list.

Toncoin (TON)、Near (NEAR)、Stacks (STX)、Maker (MKR)、Celo (CELO) 和 UMA Protocol (UMA) 六种资产已从列表中删除。

According to Grayscale, these projects remain relevant to the crypto ecosystem, but the team believes the revised selection offers a more compelling risk-adjusted return profile for the next quarter.

根据 Grayscale 的说法，这些项目仍然与加密货币生态系统相关，但该团队认为，修订后的选择为下一季度提供了更引人注目的风险调整后回报。

The smart contract arena

智能合约领域

Smart contract platform competition is another highlight in Grayscale Research’s report. While Ethereum had some big wins this quarter, it didn’t outperform some of its rivals, especially Solana.

智能合约平台竞争是灰度研究报告中的另一个亮点。尽管以太坊本季度取得了一些重大胜利，但它的表现并没有超过一些竞争对手，尤其是 Solana。