Grayscale’s New Top 20 List Shakes Up Rankings – Adds AVAX and Morpho; XRP, ADA Still Absent

Avalanche and Morpho joined Grayscale’s Top 20 list as XRP and Cardano remain excluded. Lido DAO and Optimism were removed due to regulatory and value capture challenges. Grayscale launched an AI Crypto Sector index tracking 24 tokens led by Bittensor (TAO). Grayscale Investments has released its Top 20 crypto tokens for the third quarter of 2025, and the new lineup marks some major changes in what the asset management giant is watching. The closely followed quarterly update introduces Avalanche (AVAX) and Morpho (MORPHO) as new entries, while continuing to exclude established names like XRP and Cardano (ADA). Who’s In and Who’s Out? Avalanche and Morpho have earned spots on the Q3 list based on recent performance and fundamental growth. Morpho’s inclusion follows the launch of Morpho V2, which aims to bring decentralized finance (DeFi) to traditional financial institutions. Grayscale Research has indicated that Morpho’s on-chain lending activity may outpace that of other assets, reflecting heightened institutional interest in DeFi innovation. Source: Grayscale Report In contrast, Lido DAO (LDO) and Optimism (OP) were removed from the To… The post Grayscale’s New Top 20 List Shakes Up Rankings – Adds AVAX and Morpho; XRP, ADA Still Absent appeared first on Coin Edition .

Source: Coin Edition