As 2024 draws to a close, Grayscale Research has released its much-anticipated list of the top 20 cryptocurrencies expected to dominate in the final quarter. With six new additions, including Sui (SUI) and Optimism (OP), excitement is building across the crypto market. Ready to uncover which coins could be the next big movers?
According to a report by Wu Blockchain, Grayscale’s updated list highlights the growing influence of decentralized AI and advanced blockchain infrastructure. The latest entrants—Bittensor (TAO), Celo (CELO), Helium (HNT), and UMA Protocol (UMA)—reflect these trends.
Sui, for instance, has increased its transaction speed by a staggering 80% after a recent upgrade, making it a hot pick for investors. Meanwhile, Bittensor is merging crypto and AI, promising unique opportunities for growth.
Celo is gaining attention with its transition to an Ethereum layer 2 network, enhancing its payment solutions and boosting stablecoin adoption. Even Ethereum co-founder Vitalik Buterin has praised its achievements, particularly in expanding crypto solutions across Africa.
While these emerging tokens are making headlines, crypto giants like Bitcoin, Ethereum, and Solana continue to hold strong positions in Grayscale’s portfolio. Bitcoin, in particular, remains dominant, bolstered by the launch of U.S. spot Bitcoin ETFs and favorable market trends.
Though Ethereum has underperformed against Bitcoin recently, it continues to excel in application development and remains a top player in the blockchain space.
Grayscale also removed six assets from its previous list, including Render and Illuvium. While these tokens still hold value, Grayscale believes the new entries provide better risk-adjusted returns for the upcoming quarter.
As we step into Q4, Grayscale Research warns investors about the inherent risks of cryptocurrency, including volatility and regulatory uncertainty. However, with the right insights and strategies, now might be the perfect time to explore these exciting new opportunities in the crypto world.
Which of these cryptocurrencies do you think will perform the best in Q4? Let us know your predictions!
The staking feature for crypto ETFs will likely be approved by the Donald Trump administration. …
The TRUMP price has dropped 90% from its all-time high, which was recorded three months…
BNB is experiencing buying demand as overall market sentiment turns positive. Although the price is…
The wider altcoin market, led by memecoins, has signaled a bullish breakout soon amid ongoing…
Coinbase has held the stance that crypto assets are not securities but instead are digital…
In a massive market like the crypto market, finding a coin to invest in can…
