๐—š๐—ฟ๐—ฎ๐˜†๐˜€๐—ฐ๐—ฎ๐—น๐—ฒ ๐—ฃ๐—ถ๐—ฐ๐—ธ๐˜€ ๐Ÿฎ๐Ÿฌ ๐—”๐—น๐˜๐—ฐ๐—ผ๐—ถ๐—ป๐˜€ ๐—ณ๐—ผ๐—ฟ ๐—ค๐Ÿฏ ๐—›๐—ฒ๐—ฟ๐—ฒโ€™๐˜€ ๐—ช๐—ต๐—ฎ๐˜โ€™๐˜€ ๐—œ๐—ป & ๐—ช๐—ต๐—ฎ๐˜โ€™๐˜€ ๐—ข๐˜‚๐˜!

Grayscale just released its updated Top 20 Altcoins list for Q3 2025 ๐Ÿ” โ€” and two big changes stand out:

โžก๏ธ Out: Lido DAO (LDO) and Optimism (OP)

โžก๏ธ In: Avalanche (AVAX) and Morpho (MORPHO)

Letโ€™s break down why these changes were made and what they mean for investors ๐Ÿ‘‡

๐Ÿ”„ Why AVAX Replaced OP

Both Avalanche and Optimism are smart contract platforms. But while Optimism saw a 54% drop in ETH reserves, Avalanche showed strong growth in Q2 thanks to new partnerships and on-chain activity.

Grayscale also noted Ethereumโ€™s growing interoperability focus could make Layer-2s like OP less essential, giving AVAX the edge.

๐Ÿ’ผ Why Morpho Was Added Instead of Lido DAO

Lido DAO was removed due to low sector performance and upcoming ETF staking that may reduce its importance.

In contrast, Morpho (a DeFi lending platform) launched Morpho V2โ€”targeted at bringing DeFi to TradFi institutions. Grayscale sees big potential in this shift and believes Morpho could lead the next wave in on-chain lending.

๐Ÿง  What This Means for You

Grayscale makes these picks to guide research, not pump prices. All 20 altcoins are considered high risk and volatile. In fact, all four coins (AVAX, OP, MORPHO, LDO) have slightly dipped since the list went public.

So while the list is useful for spotting trending narratives, donโ€™t expect instant price spikes.

๐Ÿช™ ๐—ง๐—ผ๐—ฝ ๐—ง๐—ฎ๐—ธ๐—ฒ๐—ฎ๐˜„๐—ฎ๐˜†๐˜€

โœ… AVAX: Strong business activity gives it an edge over other L1s.

โœ… MORPHO: Rising star in DeFi, with TradFi integration potential.

โŒ OP & LDO: Removed due to performance drops and regulatory risks.

๐Ÿ“Š Use Grayscaleโ€™s picks as research insights, not trading signals.

#AVAX