The narrative landscape of the 2025 crypto market has already taken on a differentiated trend.
The most eye-catching sector is the tokenization of real assets (RWA), which has surged by 185.76%, leading the market and becoming the darling. Layer 1 public chains follow closely, achieving an 80.31% return, continuing to attract institutional funds. American ecosystem projects (Made in USA) have modestly increased by 30.62%, showing steady performance but limited hotness.
A watershed has emerged. Meme coins have turned downward, with a decline of 31.61%, and the once-market focus is losing its heat. DeFi protocols have fallen even deeper to −34.79%, and the golden era of liquidity mining is a thing of the past. Layer 2 scaling solutions have dropped by −40.63%, and although the technical outlook remains unchanged, short-term market sentiment has clearly cooled.
AI concept tokens performed the worst, with a cumulative decline of 50.18%, and the market's premium on "AI + crypto" has also been corrected accordingly. DEX tokens are even more severely affected, with a decline of −55.53%, reflecting an overall decrease in trading activity. The Solana ecosystem experienced a significant retracement of −64.17%, with ecosystem projects collectively under pressure. Gaming tokens are at the bottom, with a decline of −75.16%, and the prosperity narrative of GameFi has been completely shattered.
This ranking clearly outlines the market preferences for 2025: mainstream financial integration of real assets is the main theme, while previous hot sectors are undergoing deep adjustments. For traders, the shift in market sentiment is already evident.
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HodlAndChill
· 7h ago
Alright, RWA has really taken off. It seems that institutions have been optimistic about this for a long time.
Meme coins have dropped so hard, luckily I didn't go all in.
GameFi was directly cut in half; this move really hurts.
The Solana ecosystem is struggling a bit; need to watch and wait.
Layer1 is still stable; I haven't abandoned this direction.
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WhaleSurfer
· 19h ago
RWA takes off but beware of catching the falling knife at high levels. The pattern of Layer1 eating the meat and Layer2 drinking the soup has indeed taken shape.
GameFi dropped 75%, who still dares to touch it? It’s truly a night back to the pre-liberation era.
I’ve been waiting for Meme coins to exit for a long time. It’s time to clear the field.
AI coins have been hammered quite hard this round. The exaggeration from before is now being smashed even more fiercely.
Solana’s ecosystem has retraced so significantly; I was originally optimistic about it.
This 185% for RWA is really outrageous. Could it be the birthplace of the next bag-holder?
A DEX dropping over 55% is somewhat expected; trading activity has indeed cooled down.
The whole market is just money moving around, shifting from intangible things to real assets.
GameFi is completely cooling off, and I honestly find it amusing. There used to be people saying it was the future.
Do you still dare to chase the high? It feels like the typical sign of a pump-and-dump scheme is back.
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LiquidationKing
· 12-26 12:53
RWA taking off is really amazing, everything else is collapsing, it's like heaven and earth apart
Meme coins dropped over 31%, and people still dare to buy the dip? I laughed
GameFi is actually down 75%, who said they wanted to change the world back then?
Layer2 and DEXs sank together, is shifting to RWA really a smart move or just gambling?
AI coins have fallen so much, it seems like the "next-generation internet" is just like this
What’s the mindset of the retail investors in the Solana ecosystem? It must be really tough
Tokenization of real assets suddenly gained momentum— is this a policy dividend or a capital trend indicator?
Is DeFi liquidity mining really cooling off? It feels like I’ve only been playing for two years
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Layer2Arbitrageur
· 12-26 12:51
rwa up 185% while gamefi just got absolutely rekt -75%? lmao the arbitrage window between these basis points is *chef's kiss* ... actually running the numbers rn, pretty sure there's flash loan opportunity here if u optimize ur calldata right
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AlphaLeaker
· 12-26 12:45
The rise of RWA has been obvious for a long time, and those only now following the trend need to catch up quickly.
Meme coins have fallen so much... it's hilarious. Is anyone still going all-in? It's time to wake up.
GameFi has dropped 75%? Once the savior, now at the bottom, how ironic.
Why is Layer 2 dropping so sharply? The technology hasn't changed; it's just that the funds are no longer recognizing it.
The pullback in the Solana ecosystem is quite fierce. Is it time to buy the dip?
AI coins are falling so hard. Are all those "AI revolution" stories just nonsense?
RWA +185 is really outrageous. Tokenization of real assets is indeed the trend of the future.
DEXs are stagnant, down 55%, which really says something. Market enthusiasm is lacking.
This round of adjustment is basically big fish eating small fish. The differences in track quality are very obvious.
The era of DeFi liquidity mining is truly over. No matter how high the hype, no one believes it anymore.
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SerumSqueezer
· 12-26 12:45
RWA took off, I went all-in; I really can't play in other tracks.
GameFi was directly cut in half? That's hilarious, it should have cooled off long ago.
Solana ecosystem dropped 64%, are my fellow holders doing okay...
Layer 2 also couldn't escape, technical prospects are useless.
Did Meme coins recover or continue to lie flat?
AI coins dropped 50%, this wave of "AI+" has really become an IQ tax.
The DeFi mining era is completely over; now it's just a matter of who gets out quickly.
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AllInAlice
· 12-26 12:37
RWA takes off, gamefi hits the bottom. The divergence is indeed crazy. The bunch of meme coin bagholders should wake up now, right?
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Wait, Solana ecosystem drops so hard, no wonder no one has been hyping it in the group lately...
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185% RWA, really? The signal of traditional finance entering is too obvious. Institutions have already quietly laid out their plans.
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AI coins dropped over 50 points haha. What happened to those "AI revolution" theories? Now they’re all jokes.
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DeFi is almost cut in half, and some people still hold on? I already ran long ago; liquidity mining is outdated.
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Layer2 isn’t attractive anymore? How many used to hype it? Now it’s directly down 40%.
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Gamefi is the worst, -75, it’s really going to die. My friend’s bunch of AXS already sold off.
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What does this wave of divergence indicate? It’s that retail’s hot tracks are all dead, and institutional funds are rushing into RWA.
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So the current logic is whoever is closer to traditional finance will rise? Then what’s the point of playing crypto fundamentalism?
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Solana ecosystem took a heavy hit this time. Looks like the story of super chains can’t go on anymore.
The narrative landscape of the 2025 crypto market has already taken on a differentiated trend.
The most eye-catching sector is the tokenization of real assets (RWA), which has surged by 185.76%, leading the market and becoming the darling. Layer 1 public chains follow closely, achieving an 80.31% return, continuing to attract institutional funds. American ecosystem projects (Made in USA) have modestly increased by 30.62%, showing steady performance but limited hotness.
A watershed has emerged. Meme coins have turned downward, with a decline of 31.61%, and the once-market focus is losing its heat. DeFi protocols have fallen even deeper to −34.79%, and the golden era of liquidity mining is a thing of the past. Layer 2 scaling solutions have dropped by −40.63%, and although the technical outlook remains unchanged, short-term market sentiment has clearly cooled.
AI concept tokens performed the worst, with a cumulative decline of 50.18%, and the market's premium on "AI + crypto" has also been corrected accordingly. DEX tokens are even more severely affected, with a decline of −55.53%, reflecting an overall decrease in trading activity. The Solana ecosystem experienced a significant retracement of −64.17%, with ecosystem projects collectively under pressure. Gaming tokens are at the bottom, with a decline of −75.16%, and the prosperity narrative of GameFi has been completely shattered.
This ranking clearly outlines the market preferences for 2025: mainstream financial integration of real assets is the main theme, while previous hot sectors are undergoing deep adjustments. For traders, the shift in market sentiment is already evident.