The cryptocurrency market experienced a significant expansion in 2025, with 22.74 million new tokens introduced, according to FinBold. This surge represents a 390% increase, bringing the total number of tokens to 28.62 million as of December 21. The growth was driven by advancements in low-code development tools, improved infrastructure, and heightened social media speculation. Despite the influx of new tokens, many have struggled to achieve lasting liquidity or widespread adoption. As the market becomes increasingly crowded, traders are focusing on identifying altcoins with potential for significant growth.