Grayscale predicts tokens includig newcomers Hyperliquid, Ethena and Virtuals Protocol have the potential to outperform in the first quarter of 2025, according to a report published Dec. 30. Recently launched Hyperliquid, Ethena, Virtuals Protocol, Jupiter, Jito, and Grass and more established names like Bitcoin, Ethereum, Solana, Chainlink, and SUI are likely to have a great Q1, Grayscale said. For Q1 2025, Grayscale researchers prioritized tokens related to three primary market themes/narratives: the U.S. elections and potential industry regulations, breakthroughs in decentralized AI and AI agent blockchain use cases, and growth of the Solana ecosystem. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io