Which crypto narratives actually delivered in 2025? The numbers tell an interesting story. Real World Assets (RWAs) absolutely dominated the performance charts, posting a commanding 186% average return and leaving other sectors in the dust. Layer 1 blockchain networks followed with solid +80% gains, while the "Made in USA" narrative managed a more modest +31%. On the flip side, Gaming took a brutal −75% hit year-to-date, with DePIN infrastructure tokens cratering even harder at −77%. The disparity highlights how divergent outcomes have been across different crypto verticals—what looked promising at year-start didn't always pan out, while RWA's real-world utility narrative proved its staying power. The data suggests investor appetite shifted decisively toward blockchain infrastructure and tokenized real-world assets over speculative gaming and data infrastructure plays.
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GasFeeVictim
· 4h ago
RWA has really taken off this time, but to be honest, I’m not surprised at all about the -75% in the game...
It’s high time to wake up from those illusory GameFi dreams; we still need to focus on things with real industry applications.
DePIN blowing up like this is well-deserved; those who chased it back then were really stubborn.
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MechanicalMartel
· 4h ago
RWA this wave is really amazing, 186% directly taking off, while those gaming tokens have fallen to nothing... Indeed.
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I've long said that the era of hype stories is over; solid assets are the real king.
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DePIN -77%? Serves them right, a bunch of air projects need to be cleaned out.
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I didn't expect L1 to hold steady at 80%, it seems some people are really interested in infrastructure.
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America's narrative of manufacturing is only 31%? That's weak, even less than a fraction of RWA.
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Last year, those Web3 games were hyped up fiercely, now they're getting slapped down, haha.
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Honestly, the number for RWA is a bit scary; it feels like it's time to be more rational.
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The ultimate enlightenment in crypto trading: after hyping air, hype assets; after hyping games, hype infrastructure.
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Game -75%, not surprising at all, I've been tired of that routine for a long time.
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The narrative of physical assets is really daring to hype, just not sure how long it can last.
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DataOnlooker
· 4h ago
RWA this wave indeed tops out, soaring by 186% directly
Games and DePIN have fallen so much, no wonder those who bought the dip are being mocked
L1 is still so stable, but compared to RWA, it's a bit disappointing
The market is just so realistic
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not_your_keys
· 4h ago
RWA this wave really isn't bragging, 186% directly outperforms the game by several streets...
Game and DePIN both dead, this is what happens when faith isn't strong enough.
L1 steady +80, this is the right path, everyone.
Another year of total capital loss story, sigh.
Practicality is the king, all the speculators are dead.
RWA about to take off? I don't believe you...
Why is every hot topic a contrarian indicator, where's the promised game?
Infrastructure and asset tokenization, these two combo punches woke me up.
−77 this number, someone must be crying to death.
Looks like I need to change my approach and follow the trend, real assets really have potential.
Which crypto narratives actually delivered in 2025? The numbers tell an interesting story. Real World Assets (RWAs) absolutely dominated the performance charts, posting a commanding 186% average return and leaving other sectors in the dust. Layer 1 blockchain networks followed with solid +80% gains, while the "Made in USA" narrative managed a more modest +31%. On the flip side, Gaming took a brutal −75% hit year-to-date, with DePIN infrastructure tokens cratering even harder at −77%. The disparity highlights how divergent outcomes have been across different crypto verticals—what looked promising at year-start didn't always pan out, while RWA's real-world utility narrative proved its staying power. The data suggests investor appetite shifted decisively toward blockchain infrastructure and tokenized real-world assets over speculative gaming and data infrastructure plays.