Grayscale Mentions These 5 Altcoins Enter the ‘Buy Zone’, Time for Crypto Accumulation?
Jakarta, Pintu News – Digital asset manager Grayscale has again caught the market’s attention after mentioning a number of altcoins at the “buy zone” level. In its latest report, the company highlights Ethereum (ETH), Solana (SOL), Chainlink (LINK), Avalanche (AVAX), and Sui (SUI) as assets that are considered to be at attractive prices. This statement comes amidst the crypto and cryptocurrency market conditions that are still in the consolidation phase. Grayscale considers that the significant price decline opens up accumulation opportunities for long-term investors.
Grayscale Highlights SUI as a Prime Candidate
Grayscale paid special attention to Sui (SUI) in its latest analysis. The company considers the SUI programming model to be designed to provide high speed without sacrificing security. These characteristics are considered suitable for the needs of institutions that require efficiency and scalability. This makes SUI one of Grayscale’s top bets outside of Bitcoin (BTC) and Ethereum (ETH).
Currently, the price of SUI hovers around $0.87 or about Rp14,789. This is down more than 80% from the previous cycle peak of over $5.36. This sharp decline is considered an entry opportunity for investors. Grayscale has also launched SUI-based investment products to strengthen institutional exposure.
Big Altcoins Are Still Undervalued
Besides SUI, Grayscale also rates Ethereum (ETH), Solana (SOL), Chainlink (LINK), and Avalanche (AVAX) as being at attractive levels. According to the report, the pool of altcoins that Grayscale monitors has dropped about 59% from its peak. Since the launch of the crypto ETP product in January 2024, the altcoin basket has only risen about 2% from its low point. This suggests valuations are still relatively low.
Grayscale also highlighted the resilience of the crypto market versus the traditional stock market. In March, the S&P 500 index fell by around 5%, while Grayscale’s crypto sector index rose by around 4%. This relative performance is considered a sign of the strength of the cryptocurrency market. It reinforces the view that altcoins are at attractive accumulation levels.
Read also: Jack Dorsey Revives Bitcoin Faucet? Users Can Get Free BTC!
Institutional Support is the Deciding Factor
Grayscale’s confidence in SUI is not only research-based. The company has also launched a GSUI staking ETF on NYSE Arca to expand institutional investor access. In addition, Grayscale also manages trusts for SUI ecosystem tokens such as DeepBook and Walrus. This move demonstrates its long-term commitment to the ecosystem.
However, the success of this thesis depends on the influx of institutional capital. If large investors follow Grayscale’s strategy, altcoin prices could find new support levels. Conversely, without new fund flows, the market could remain sideways. Therefore, the next movement depends largely on institutional sentiment.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.
Reference
- BeInCrypto. Grayscale Says 5 Altcoins Are at ‘Buy Zone’ Levels. Accessed April 6, 2026
- Featured Image: Generated by AI