Grayscale's latest Top 20 announced! A major migration in the wind, has the true king's track been locked in?

Stop staring at Meme and public chain speculation! **In Q2 2025, Grayscale's layout reveals the ultimate answer of the market —** blockchain is no longer just a speculative game, but the infrastructure of the real world! ** In this round, they are betting on three key tracks:

RWA (Real World Assets): Blockchain devouring traditional finance, real assets going on-chain!

DePIN (Decentralized Physical Infrastructure): The fusion of Web3 and the physical world, creating a new generation of economic networks!

IP (Intellectual Property Tokenization): Combining content, creativity, and Web3, opening up a new era of digital ownership!

Three new star projects this quarter

Maple (SYRUP) — On-chain credit market, driving the RWA liquidity revolution!

Geodnet (GEOD) — Building a global decentralized physical infrastructure network!

Story (IP) — Exploring how intellectual property can unleash maximum value in the Web3 era!

What does this mean? The market direction has completely changed! **Short-term speculation and following hot trends will end badly, the projects that truly cross cycles are those that can integrate with the real world and truly empower the economy!

2024 is the first year of ETFs, Bitcoin is leading the way! But 2025? It is the first year when blockchain completely takes over real world assets, data, and infrastructure! *This round of adjustment may be the starting point for the next big explosion.** Are you keeping up? $#PEPE‏ #DGB #MOVER #Coti #CVX $ETH $ETH $XRP