Crypto analyst Miles Deutscher outlined what he called the “obvious winner” heading into the final quarter of 2025 (Q4).
Deutscher argued that three different stories, Stablecoins, Decentralized Exchange (DEXS), and Artificial Intelligence (AI), are placed in outperform, warning that traders who ignore them could face “very tough times.”
Stablecoin Plays: XPL leads the price
Deutscher emphasizes Stablecoins as the first sector. This is the market he describes as entering a “parabolic” growth stage.
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Global Stablecoin Supply has skyrocketed at over $297 million, and is expected to ultimately surpass the $1 trillion mark as adoptions spread to facilities and even sovereign actors.
Against this background, Deutcher chose XPL (Plasma) as his best conviction play. Supported by Tether’s founders, XPL boasts low fees for Stablecoin transfers, attracts both speculative capital and actual use.
“XPL is the closest thing to investing in Tether Pre-IPOs,” Deutscher said in a recent video.
He also pointed to Ena (ENA), which has remained strong in USDE growth despite recent sales, and ClearPool (CPOOL), which partners with Plasma, which offers Stablecoin Ilved products.
Deutscher argues that these projects represent the most powerful on-ramp in the most profitable corner of the crypto market.
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Dex’s Story: Governance and Agriculture
The second story focuses on decentralized exchanges, particularly the enduring DEXS that have dominated market debate throughout 2025.
While acknowledging that trade appears to be “saturated in the short term”, Deutcher is confident in two approaches.
The governance token I admire
He says Apex is a more attractive risk-responsive play than Automata (ATA), citing Bybit Exchange support and ongoing repurchase programme as a bullish catalyst.
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Besides retaining tokens, Germany is seeing opportunities in favor of agricultural rewards through platforms such as light, ostium, paradex, and other platforms where points and crypto airdrops could rival the benefits seen in early sector rotations.
“Even if the token ratings appear to be growing, the farming opportunities in this space are still enormous,” he said.
AI momentum: From hype to revenue
Finally, Deutscher clearly showed that AI tokens are the third pillar of his paper, framing the sector as a bridge between cryptography and traditional finance (Tradfi).
With Nvidia and other AI-related stocks fuelling equity gatherings, crypto analogs can benefit from new speculative streams.
His top watch list includes AETHIR (ATH), which recently announced the $344 million digital assets Treasury Department to back up GPU infrastructure.
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According to Deutscher, this move by predictive oncology positions Etelier as a proxy for a rare cryptography origin in Etrios-level computational demand.
He also mentioned Cookie Dao (cookies) as a “pick and shubel” play that promotes analytics and campaigns across the AI ​​sector.
While some AI projects are under pressure, Deutscher argued that sectoral foundations are inevitable in Q4 positioning.
“…increasing revenue streams, strong Tradfi interest, and favorable long-term trends in GPU and robotics,” Deutscher highlighted the fundamentals.
Deutscher emphasized that while Bitcoin’s structure remains in the flux, the opportunity for Altcoin is shaped by narrative rotation rather than extensive market drift.
“The cycle is moving fast. You need to know where capital flows,” he concluded.
In his opinion, the flow appears to be increasingly doomed to the stablecoins, the dex ecosystem and AI-driven tokens of Q4.
