[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f3yuTKIWhXh54RYaP8DefWdV08lKQaVLQwzgG3SCPOvQ":3},{"locale":4,"topic":5,"relatedTrends":95},"fr",{"topic":6,"slug":7,"canonicalSlug":7,"topicAliases":8,"nicheKey":11,"nicheName":12,"nicheNameEn":12,"nicheIcon":13,"country":14,"countries":15,"agentKey":16,"score":17,"type":18,"isFresh":19,"isPublic":19,"detectedAt":20,"sources":21,"evidence":87,"article":91},"Grayscale report: top 15 revenue-generating protocols appear undervalued","grayscale-report-top-15-revenue-generating-protocols-appear-undervalued",[9,10],"Grayscale report listing top 15 revenue-generating crypto protocols undervalued","Grayscale ranks top 15 revenue-generating on-chain protocols as undervalued","crypto","Crypto & Blockchain","🪙","CN",[14],"crypto-CN",99,"spiking",true,"2026-06-26T00:13:37.575Z",[22,28,34,38,42,47,52,57,62,67,70,75,79,83],{"title":23,"url":24,"domain":25,"snippet":26,"content":27},"Grayscale Says Top 15 Revenue-Generating Crypto Protocols Look Undervalued","https:\u002F\u002Fcoinpedia.org\u002Fnews\u002Fgrayscale-says-top-15-revenue-generating-crypto-protocols-look-undervalued\u002F","coinpedia.org","Grayscale released a ranking of the top 15 on-chain applications by protocol revenue and argued several high-earning projects are trading at relatively low valuation multiples.","!\n\nAsset manager Investments has released a list of the top 15 on-chain applications ranked by protocol revenue. The list highlights projects such as HYPE, PUMP, CAKE, SKY, JUP, AAVE, AERO, WLFI, LDO, MET, ETHFI, LIT, CARDS, UNI, and RAY.\n\nThe report focuses on protocols that are generating meaningful revenue directly from user activity on-chain.\n\nAccording to Grayscale, several of the highest-earning crypto protocols are currently trading at relatively low valuation multiples. This is despite producing significant revenue. The firm noted that many of these projects are valued at single-digit trailing 12-month revenue multiples. This is often considered inexpensive compared to their growth potential.\n\n> Top 15 onchain apps by protocol revenue: , , , , , , , , , , , , , , [$R\n\n[Content truncated...]",{"title":29,"url":30,"domain":31,"snippet":32,"content":33},"Grayscale: These 15 Profitable Crypto Protocols Are Severely Undervalued","https:\u002F\u002Fwww.techflowpost.com\u002Fen-US\u002Farticle\u002F32220","techflowpost.com","Author: Zach Pandl (Head of Grayscale Research). Translation & Compilation: TechFlow. TechFlow Summary: Grayscale Research has released its latest report...",null,{"title":23,"url":35,"domain":36,"snippet":37,"content":33},"https:\u002F\u002Fcryptorank.io\u002Fnews\u002Ffeed\u002F6a639-grayscale-says-top-15-revenue-generating-crypto-protocols-look-undervalued","cryptorank.io","Asset manager Grayscale Investments has released a list of the top 15 on-chain applications ranked by protocol revenue. The list highlights projects such...",{"title":29,"url":39,"domain":40,"snippet":41,"content":33},"http:\u002F\u002Fwww.odaily.news\u002Fen\u002Fpost\u002F5211576","odaily.news","For those tracking the CLARITY Act, the key signal to watch isn't just whether the bill itself passes, but whether institutional capital actually flows into...",{"title":43,"url":44,"domain":45,"snippet":46,"content":33},"XRP’s Native Lending Push Just Cleared a Massive Hurdle","https:\u002F\u002Fwww.bitget.com\u002Famp\u002Fnews\u002Fdetail\u002F12560605477194","bitget.com","Ripple's on-ledger lending protocol has sailed through a fresh security re-audit with zero critical or high-risk issues — a clean bill of health from H...",{"title":48,"url":49,"domain":50,"snippet":51,"content":33},"Grayscale lists top 15 revenue-producing crypto protocols ahead of CLARITY Act","https:\u002F\u002Fcryptobriefing.com\u002Fgrayscale-top-15-revenue-crypto-protocols-clarity-act\u002F","cryptobriefing.com","Grayscale identifies 15 top revenue-producing crypto protocols trading at single-digit multiples, arguing the CLARITY Act could unlock significant value.",{"title":53,"url":54,"domain":55,"snippet":56,"content":33},"Cointelegraph Highlights Grayscale's Top 15 Revenue-Producing Crypto Protocols — Here's Why It Matters","https:\u002F\u002Fcoinfomania.com\u002Fcointelegraph-highlights-grayscales-top-15-revenue-producing-crypto-protocols-heres-why-it-matters\u002F","coinfomania.com","Grayscale lists top revenue-producing crypto protocols, signaling market shifts as the CLARITY Act approaches. Read more.",{"title":58,"url":59,"domain":60,"snippet":61,"content":33},"Grayscale Identifies 15 Undervalued Crypto Protocols with High Revenue","https:\u002F\u002Fwww.kucoin.com\u002Fnews\u002Fflash\u002Fgrayscale-identifies-15-undervalued-crypto-protocols-with-high-revenue","kucoin.com","Author: Zach Pandl (Head of Grayscale Research) DeepChain TechFlow DeepChain Summary: Grayscale Research has released a new report ranking the top 15...",{"title":63,"url":64,"domain":65,"snippet":66,"content":33},"Grayscale Highlighted 15 Promising Crypto Projects and Explained the Reasons Behind Their Growth","https:\u002F\u002Fincrypted.com\u002Fen\u002Fgrayscale-highlighted-15-promising-crypto-projects\u002F","incrypted.com","Grayscale Investments' research arm published a report in which it called a number of onchain protocols fundamentally undervalued after a prolonged bear...",{"title":29,"url":68,"domain":40,"snippet":69,"content":33},"https:\u002F\u002Fwww.odaily.news\u002Fth\u002Fpost\u002F5211576","For those tracking the CLARITY Act, the key signal to watch is not just whether the bill itself passes, but whether institutional capital actually flows...",{"title":71,"url":72,"domain":73,"snippet":74,"content":33},"Uniswap Volatility: Catalysts and Macro Factors Explained","https:\u002F\u002Fcoinmarketcap.com\u002Ftop-stories\u002F6a3dec474f5ebe2db4923c14\u002F","coinmarketcap.com","Uniswap (UNI) saw a 3.03% move amid DeFi news and macro risk off. Spark's $150M liquidity migration and bullish institutional notes clashed with Bitcoin...",{"title":23,"url":76,"domain":77,"snippet":78,"content":33},"https:\u002F\u002Ffr.tradingview.com\u002Fnews\u002Fcoinpedia:3f176e3c0094b:0-grayscale-says-top-15-revenue-generating-crypto-protocols-look-undervalued\u002F","fr.tradingview.com","Asset manager Grayscale Investments has released a list of the top 15 on-chain applications ranked by protocol revenue. The list highlights projects such as...",{"title":80,"url":81,"domain":45,"snippet":82,"content":33},"Grayscale Identifies 15 Altcoins It Claims Are Undervalued! Here’s the List","https:\u002F\u002Fwww.bitget.com\u002Fasia\u002Fnews\u002Fdetail\u002F12560605477257","Grayscale Investments, one of the largest asset management companies in the market, has published a list of the 15 cryptocurrencies that are generating the...",{"title":84,"url":85,"domain":60,"snippet":86,"content":33},"HUGE: $WLFI's USD1 usage keeps on expanding. WLFI Markets is","https:\u002F\u002Fwww.kucoin.com\u002Fnews\u002Ftrends\u002FWLFI\u002F6a3e874938c88c0007a63e67","HUGE: $WLFI's USD1 usage keeps on expanding. WLFI Markets is now live in the Zebec SuperApp, powered by @worldlibertyfi and @Dolomite_io.",{"mentionsLast7Days":88,"mentionsLast30Days":88,"firstSeen":20,"lastSeen":89,"relatedEntities":90},3,"2026-06-30T00:10:31.750Z",[24,30,35,39,44,49,54],{"slug":92,"title":93,"matchScore":94},"grayscale-says-top-15-revenue-generating-crypto-protocols-look-undervalued-what-s-behind-the-discount","Grayscale Says Top 15 Revenue-Generating Crypto Protocols Look Undervalued: What’s Behind the Discount?",1,[96,100,103,106,109,112],{"topic":97,"slug":98,"score":99,"type":18,"country":14,"nicheIcon":13},"Sui protocol gasless peer-to-peer stablecoin transfers with Fireblocks","sui-protocol-gasless-peer-to-peer-stablecoin-transfers-with-fireblocks",100,{"topic":101,"slug":102,"score":99,"type":18,"country":14,"nicheIcon":13},"Bybit $100M RWA giveaway across 400+ global assets","bybit-100m-rwa-giveaway-across-400-global-assets",{"topic":104,"slug":105,"score":99,"type":18,"country":14,"nicheIcon":13},"UNDP Blockchain Advisory Group with Ethereum Cardano Stellar","undp-blockchain-advisory-group-with-ethereum-cardano-stellar",{"topic":107,"slug":108,"score":99,"type":18,"country":14,"nicheIcon":13},"Bitmine reaches 5.62M ETH holdings and $10.4B treasury","bitmine-reaches-5-62m-eth-holdings-and-10-4b-treasury",{"topic":110,"slug":111,"score":99,"type":18,"country":14,"nicheIcon":13},"Anthropic launches Claude Fable 5 with restricted cybersecurity capabilities","anthropic-launches-claude-fable-5-with-restricted-cybersecurity-capabilities",{"topic":113,"slug":114,"score":99,"type":18,"country":14,"nicheIcon":13},"Anthropic launches Claude Fable 5 with restricted cybersecurity features","anthropic-launches-claude-fable-5-with-restricted-cybersecurity-features"]