The 2025 annual report by CoinGecko reveals a 10.4% decline in the total cryptocurrency market capitalization, which fell to $3 trillion, with a significant 23.7% drop in Q4 alone. Despite this downturn, the stablecoin market cap surged by 48.9% to a record $311 billion. Additionally, prediction market trading volumes soared by 302.7% to $63.5 billion. Centralized exchange (CEX) perpetual contract trading volumes increased by 47.4%, reaching a new high of $86.2 trillion, while decentralized exchange (DEX) perpetual contract volumes skyrocketed by 346% to $6.7 trillion. In contrast, gold outperformed Bitcoin, rising 62.6% as Bitcoin fell by 6.4%. Furthermore, DATCos invested at least $49.7 billion in acquiring crypto assets.