Grayscale's report classifies the crypto industry into five major sectors, including currency, smart contracts, finance, consumer culture, and infrastructure services.

PANews reported on December 10 that Grayscale released a cryptocurrency industry classification framework, dividing the digital asset market into five major sectors: Currencies, Smart Contract Platforms, Financials, Consumer & Culture, and Utilities & Services.

The report shows that despite the sharp rise in Bitcoin this year, the overall crypto asset category has shown a differentiated trend. Currency assets include Bitcoin, XRP and Zcash; smart contract platforms include Ethereum, Solana and Polygon; financial assets include Maker, Uniswap and Aave; consumer culture sectors include ApeCoin, Decentraland and Sandbox; infrastructure services include Chainlink, Filecoin and Lido DAO.