Grayscale Says Crypto Fundamentals Are Driving Winners as Hyperliquid Outpaces Memecoins

Grayscale says the crypto market is increasingly rewarding projects with strong fundamentals instead of speculative hype, as institutional adoption grows and the prolonged bear market reshapes investor priorities. According to the asset manager, revenue-generating blockchain protocols are outperforming meme-based tokens with limited real-world utility. The firm based its analysis on its Crypto Sectors framework, developed with FTSE Russell, which classifies more than 150 digital asset protocols according to their primary functions rather than market narratives. The framework is reviewed…  Read more

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