The cryptocurrency market in 2025 is seeing a shift towards established, stable crypto infrastructure, with new altcoins experiencing negative returns. On-chain data indicates that Bitcoin gained a modest 0.3% last week, falling short of traditional market benchmarks. Meanwhile, decentralized exchanges (DEXs) saw an 11% increase, driven by a 15.4% rise in UNI following a unified voting initiative.
AI tokens faced significant declines, dropping 21% overall, with TAO notably falling after its halving event. Of the 117 new tokens expected to launch in 2025, the majority have depreciated, with median prices plummeting 71% from their fully diluted valuations (FDV). The total FDV for these tokens has decreased from $139 billion to $54 billion, highlighting the market's current preference for more established cryptocurrencies.
New Altcoins Suffer as Market Favors Established Cryptos in 2025
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