- Grayscale is bullish about 2025 and has earmarked HYPE, ENA, and JUP among the top tokens billed for growth.
- The asset manager predicts improvement in crypto regulation, which can aid assets’ recovery.
Grayscale, a leading crypto asset manager, has stirred excitement with its predictions for 2025 as the market eyes a positive close to 2024. On Monday, the firm revealed six tokens expected to grow in the first quarter of 2025.
These include HyperLiquid (HYPE), Ethena (ENA), Virtual Protocol (VIRTUAL), Jupiter (JUP), Jito (JTO), and GRASS. Grayscale believes these picks could help push the crypto market to new heights next year.
Grayscale Forecast: A New Crypto Surge on the Horizon
Grayscale’s latest prediction comes amidst a volatile but bullish crypto market. According to its report, the firm’s eyes are set on the six tokens mentioned earlier, drawing on their unique ecosystems.
These outlisted tokens reflect a broader optimism about the future of digital assets. This outlook is grounded in the growing adoption of decentralized AI technologies, blockchain innovations, and the expansion of the Solana ecosystem.
Grayscale’s predictions are gaining attention from investors and analysts as market sentiment slowly turns in their favor. Grayscale’s latest research has positioned HYPE and ENA as two of the most promising assets heading into Q1 2025.
HYPE has been steadily rising, gaining 2% on the announcement day, and is priced at $27.83. Its low and high prices over the past 24 hours are $26.62 and $29.06, respectively. HyperLiquid’s focus on liquidity and speed makes it attractive to investors, driving its recent price increase.
On the other hand, ENA saw a notable boost, jumping over 4%, reaching a price of $0.9894. The token experienced a daily fluctuation between $0.9148 and $1.01 as of writing. In the case of JTO, the token also saw a modest rise, inching up about 1% intraday to $3.34.
Ethena integrates advanced decentralized finance (DeFi) solutions to serve users. By enabling more efficient staking, liquidity provision, and cross-chain interactions, Ethena is enhancing its appeal as a utility token, positioning it for growth in Q1 2025.
The market’s expectations for JTO align with Grayscale’s forecast, ranging between $3.23 and $3.38. In contrast to these tokens’ ascent, GRASS, VIRTUAL, and JUP have seen a small decline. This shows how volatile and divergent the crypto market can be.
Even with these dips, analysts are hopeful about their long-term potential in line with Grayscale’s expectations.
The Broader Market and Grayscale’s Impact
Grayscale’s endorsement extends beyond these emerging tokens. Established cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Chainlink (LINK), and Sui (SUI) continue to play a key role in the firm’s investment strategy.
Solana’s strong ecosystem growth heavily influences Grayscale’s choices, highlighting its increasing impact on blockchain innovation. Additionally, the hope for clearer regulations in the U.S. has led to a more optimistic market projection despite ongoing volatility.
Meanwhile, Grayscale’s launch of the Sui Trust for qualified investors strengthens its position as a leader in crypto asset management. This move highlights the firm’s focus on expanding investment options while staying at the forefront of the market.
Source: https://www.crypto-news-flash.com/grayscale-top-picks-for-q1-2025-6-new-cryptos-added/?utm_source=rss&utm_medium=rss&utm_campaign=grayscale-top-picks-for-q1-2025-6-new-cryptos-added
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