Grayscale Investments has updated its Digital Assets Next Gen portfolio model, giving XRP a larger share than Solana. The strategy focuses on major cryptocurrencies while excluding Bitcoin entirely. Under the latest quarterly structure, Ethereum leads the allocation, followed by XRP in second place and Solana in third. These three assets make up roughly 90 percent of the total model weighting, reflecting shifts in market capitalization and digital asset eligibility.
Asset management firm Grayscale Investments has released the latest allocation breakdown for its Digital Assets Next Gen portfolio model. The updated strategy places XRP above Solana in total portfolio weight, marking a notable shift among major altcoins. Designed for investors seeking exposure to digital assets without holding Bitcoin, the model reshuffles token weightings based on market valuation and performance metrics.
In the updated Next Gen model, Ethereum remains the largest holding at 42.34 percent. XRP now occupies the second-largest position with a 26.11 percent allocation, surpassing Solana, which sits at 21.09 percent. Together, these three digital assets account for approximately 90 percent of the entire portfolio allocation.
The remaining share of the model is distributed across several other prominent crypto assets, including Hyperliquid (HYPE), Chainlink (LINK), Avalanche (AVAX), and Sui (SUI).
Grayscale applies specific rules to manage risk within the model portfolio. Individual asset allocations are capped at a maximum of 40 percent. The firm rebalances the portfolio on a quarterly basis to adjust to changing market conditions and shifts in the total market capitalization of eligible assets.
Grayscale offers several model portfolios designed to give institutional and retail investors exposure to the digital asset market through single-asset products and diversified baskets. The Next Gen model specifically targets leading smart contract platforms and altcoins, deliberately excluding Bitcoin to provide an alternative profile for asset allocators.
The increase in XRP’s weighting reflects its market cap growth relative to competitors like Solana during the recent quarter. Portfolio adjustments of this nature depend on strict market data rather than subjective selection, ensuring the holdings remain aligned with top-performing assets in the sector.
The decision to rank XRP ahead of Solana underscores changing dynamics among top alternative cryptocurrencies. As Grayscale continues its quarterly rebalancing schedule, the allocations in its Bitcoin-free model will adjust dynamically to track broader market performance and liquidity shifts.
