My crypto life story:

2017 - took profits
2018 - down 90%
2019 - invested more
2020 - recovered
2021 - took profits
2022 - took profits
2023 - took profits
2024 - took profits
2025 - took profits
2026 - ?

Cycles change.
The lesson doesn’t.

2025 is a complete meltdown for alts

Average drop across narratives: 75%

AI, Modular, Gaming wiped out by 90%

Memecoins, L2s also saw ~80% drops

Spot traders disappeared in December.

A few 100x within 2 years of launch.

Are you happy to be in crypto?

While DeFi struggles, @ResolvLabs doubled its TVL this month and price is starting to move.

$Resolv

I did a simple valuation on a few projects back in 2023.

Here’s where their market caps are now. 👇🏻 👇🏻

> 65% of $BTC supply is in profit rn

> In 2022 it dropped to 47%

> In 2018 it dropped to 42%

> Yes, it can go lower

But after such a brutal and fast wipeout, an alt relief rally feels inevitable.

These are the crypto narratives that survived 2025 and will dominate 2026.

- Prediction markets
- RWAs
- Perp DEXs
- DEXs and aggregators
- Stablecoins
- Privacy and ZKPs
- DeFi
- AI agents + x402
- SocialFi
- Altcoin ETFs

Altcoins make the noise, but they control just ~6% of crypto’s value.