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Grayscale Research just published its new “Top 20” list for promising altcoins in Q3 2025. The list mostly remains the same from Q2, removing Lido DAO (LDAO) and Optimism (OP) to add Avalanche (AVAX) and MORPHO.

The firm assessed these altcoins on their market sector performance and individually. AVAX and OP are both smart contract protocols, but it swapped the two out due to company-specific circumstances.

Grayscale’s Newest Top 20 List

Grayscale Research periodically makes lists like this, updating its “Top 20” alongside “Assets Under Consideration” and other sector-specific assessments.

The firm uses a diverse set of criteria to assess its preferred altcoins, tracking which market sectors perform better than others. Today, Grayscale released its new recommendations for Q3 2025:

Grayscale used a complicated metric to compile this list; for example, it added and removed altcoins from the same market category.

It categorized LDAO under “Utilities & Services,” which was the lowest performer, and replaced it with MORPHO, from the second-highest “Financials.”

However, AVAX and OP are both smart contract protocols, and Grayscale assessed that this sector didn’t grow or shrink much. In other words, Avalanche’s business developments must account for its place in Grayscale’s list.

In Q2 alone, new partnerships gave the blockchain a surge in on-chain activity, whereas Optimism suffered a 54% drop in ETH reserves.

Grayscale further clarified that Ethereum’s new focus on interoperability could make an L-2 like Optimism redundant. AVAX’s organic growth stands out in contrast, making it a clear choice for Grayscale’s list.

The firm expressed similar concerns for LDAO, as the SEC might approve ETF staking soon, removing the blockchain’s main market appeal.

MORPHO grew significantly in the last year, but that isn’t why Grayscale put it on the Top 20 list. Instead, the research firm was highly optimistic about its potential to outperform competitors in its own market sector:

“This past month, Morpho announced Morpho V2, designed to bring DeFi to traditional financial institutions. Grayscale Research is optimistic about the future of on-chain lending activity, and Morpho seems well positioned to potentially capture a meaningful share of that growth,” Grayscale claimed.

Grayscale’s findings and commentary are insightful, but it’s important to remember that it’s a research firm, not a market mover. It cautioned potential investors that all 20 of these tokens are very volatile.

In fact, all four of these assets slightly decreased in value since Grayscale released this list, even the ones it was optimistic about.

The post Grayscale Adds 20 New Altcoins for Its “Assets Under Consideration” in Q3 appeared first on BeInCrypto.

Cardano (ADA) has been trading below the $0.70 mark since March 29, struggling to regain bullish momentum. Despite brief signs of strength, recent indicators now point to weakening trend conditions.

Both the BBTrend and ADX show fading buying pressure, while EMA alignment remains bearish. With price stuck between key support and resistance levels, ADA’s next move could define its short-term direction.

Cardano BBTrend Turns Negative, Signaling Momentum Reversal

Cardano’s BBTrend has flipped negative, currently sitting at -0.78 after spending the last five days in positive territory. The indicator reached a peak of 9.76 on April 14, signaling strong bullish momentum at the time.

BBTrend, short for Bollinger Band Trend, measures the strength and direction of a price move relative to its Bollinger Bands.

Positive values typically indicate bullish trends, while negative values point to bearish conditions or weakening momentum.

The shift to -0.78 suggests that Cardano’s recent uptrend has lost strength and may be reversing. A negative BBTrend reading means the price is now moving closer to the lower band, often a sign of rising selling pressure.

While it doesn’t confirm a strong downtrend yet, this reversal could indicate the beginning of a broader consolidation or bearish phase unless momentum quickly recovers.

Traders may want to watch closely for follow-through or a bounce to assess ADA’s short-term direction.

Cardano Momentum Fades as ADX Crashes and Selling Pressure Rises

Cardano’s DMI chart shows a sharp drop in trend strength, with its ADX falling to 15.12 from 28.34 just two days ago.

The ADX (Average Directional Index) measures trend intensity—readings above 25 suggest a strong trend, while values below 20 indicate a weak or consolidating market.

The steep decline in the ADX signals that the momentum behind Cardano’s recent move is quickly fading.

At the same time, the +DI (bullish directional indicator) has dropped from 22.61 to 17.39, showing weakening buying pressure. Meanwhile, the -DI (bearish indicator) has risen from 10.5 to 14.95, pointing to a gradual increase in selling strength.

With both the ADX and +DI falling, and -DI climbing, the setup hints at a potential shift in favor of the bears.

Unless bullish momentum returns quickly, Cardano could enter a period of sideways movement or even a short-term downtrend.

Bearish Structure Still Dominates Cardano

Cardano’s EMA lines remain bearish, with short-term averages still positioned below the long-term ones—indicating that downward momentum is intact.

Cardano price is holding above a key support zone near $0.594, but if this level fails, it could trigger a deeper drop toward $0.511. This would confirm a continuation of the downtrend and reflect growing selling pressure.

However, if ADA manages to reverse its current momentum, the first major resistance lies at $0.64. A breakout above that level could open the door to further gains, with potential targets at $0.66 and $0.70.

If the uptrend strengthens, ADA could even rally toward $0.77, marking a more decisive recovery and trend shift.

The post Cardano (ADA) Might Turn Bearish As Price Struggles to Breach $0.70 appeared first on BeInCrypto.