According to Galaxy Research, 72 out of the top 100 cryptocurrencies by market capitalization are still down more than 50% from their all-time highs. The largest declines among major tokens include FIL, ICP, and GRT, while others like DOT, AVAX, and ADA have also seen significant pullbacks. In contrast, assets such as BTC, LEO, ETH, and BNB have experienced relatively smaller declines. Despite some stabilization in leading asset prices, the overall market remains in a deep correction phase.