Grayscale adds AI launchpads, Solana DeFi apps to Q1 2025 top tokens
Grayscale has updated its top 20 tokens watch list for Q1 2025, adding Hyperliquid, Ethena, Virtuals, Jupiter, Jito, and Grass. These additions align with trends such as a favorable U.S. regulatory environment, advancements in decentralized AI, and growth in the Solana ecosystem. Virtuals and Grass are AI platforms, while Hyperliquid is a layer-1 network, and Ethena, Jupiter, and Jito are DeFi applications, with Jupiter and Jito being Solana-native. Grayscale continues to highlight themes from previous quarters, including Ethereum scaling solutions and decentralized physical infrastructure. Smart contract platforms like Ethereum and Solana are noted as highly competitive. Following Donald Trump's election victory, optimism surrounds the U.S. becoming a leader in crypto, particularly benefiting DeFi and staking on Solana, which has seen significant growth in total value locked. AI agents are anticipated to play a larger role in decentralized communities, with crypto staking and on-chain trading emerging as early use cases.
