Which Projects Do Cryptocurrency Funds Prefer The Most?
Which projects do cryptocurrency funds prefer the most? Messari explained the details...
Cryptocurrency research firm
Messari analyzed the liquid portfolios of leading venture capital (VC) companies in the cryptocurrency space. The quarterly analysis was most recently performed with 57 funds and the results were recently published.
Bitcoin and Ethereum were excluded from the research.
In the analysis made across all portfolios, it was determined that the most held asset among the funds was Polkadot (DOT). It was followed by the privacy-enabled blockchain platform Oasis Network (ROSE) and the smart contract platform NEAR Protocol (NEAR).
The fourth most popular asset was Terra (LUNA), an algorithmically managed stablecoin platform on the Cosmos blockchain. The fifth most popular assets are dYdX (DYDX) and Mina (MINA). It was noted that both assets made a big jump in the rankings this year.
Messari states that funds are visibly shifting towards smart contract platforms and decentralized exchanges. Among the top 50 assets, smart contracts are the most invested category. In the latest analysis, four out of five most invested assets were identified as smart contract platforms. The full list is as follows:
- Polkadot (24)
- Oasis Network (19)
- NEAR Protocol (16)
- Terra (15)
- dYdX (14)
- Mina (14)
- Filecoin (13)
- Maker (13)
- Solana (13)
- 0x (12)
- Arweave (12)
- Avalanche (12)
- Karura (12)
- Keep Network (12)
- Nervos Network (12)
- Stacks (12)