Grayscale, the third quarter of 2023 Top 20 crypto money list by updating Avalanche $17.47 (AVAX) and Morpho, while Cardano with XRP has been discussed for a long time 
$0.553501‘Yu (island) did not show again; The change reshapes weights in corporate portfolios.
How did Avalanche and Morpho stand out on the list
According to Grayscale’s statement, it was renewed in the light of criteria such as ranking, market liquidity, regulatory appearance and project sustainability. In this context, Avalanche, known for its technical scalability, progressed to the first place thanks to its infrastructure, which maintains speed and low trading costs. Efficient network design has paved the way for investors to focus on the developer event while finding a place on the list.
Morpho is interested in the innovative lending protocol. The project attracted attention in the market by aiming to raise the returns of liquidity providers with a smart contract structure based on yield optimization. Grayscale approved Morpho’s entry into the list by emphasizing this model, where investor interest has increased rapidly, and gave a message of adaptation to the dynamic market.
Why didn’t XRP and Cardano take part again?
XRP is progressing in the shadow of recent legal uncertainties. The variability due to the course of the cases had a negative impact on the Grayscale assessment because it increased the risk of liquidity. The company reported that holding the XRP in the portfolio until the regulatory confidence became clear.
Although community growth and network updates continued on the Cardano front, the transaction volume was forced to meet expectations. Although the team’s long -term road map arouses interest, Grayscale left the Ada out of the first place, considering higher volume and corporate demand potential. Thus, the list was re -balanced according to short -term market needs.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
