Around 30 million new tokens were created between 2023 and 2025, roughly ten times more than in the 2018–2022 period. About half of them came from PumpFun and had no real utility from the start.
Despite this explosion in token creation, the total crypto market cap excluding Bitcoin and stablecoins never surpassed the previous cycle’s peak. In reality, since 2023, the so-called Web3 space has mostly functioned as a closed system, with money circulating inside rather than attracting meaningful new capital.
Top coins and how long it’s been since their all-time highs:
BTC: 4 months ETH: 5.5 months BNB: 4 months XRP: 8 years SOL: over 1 year TRX: over 1 year DOGE: over 5 years ADA: over 4 years BCH: over 8 years HYPE: 4.5 months LEO: over 1 year LINK: over 5 years XLM: over 8 years LTC: over 5 years ZEC: over 9 years
Most altcoins remain far from their peaks, showing how weak the broader alt market still is.
In 2026, speed is just a basic commodity, but intelligence is the new frontier. I have spent the last few weeks looking past the price charts and focusing on the actual architecture of the Kayon AI Engine. It is the moment the network stops being a passive database and starts acting as a living, thinking cortex. Most blockchains suffer from digital amnesia, recording transactions without understanding the context behind them. The Neutron layer changes this by functioning as a high-velocity synaptic bridge. In this environment, raw data is converted into active knowledge components, providing the infrastructure with a constant stream of usable context that is ready for deployment at any moment. @Vanarchain has engineered a responsive logic engine that treats incoming data as actionable insight rather than just a storage entry. This allows the network to function as a live analytical processor that interprets and reacts to information as it flows. It is a fundamental shift from a blind ledger to a platform that understands the intent behind its own operations. Within this ecosystem, self-governing agents handle high-level logic, such as breaking down the requirements of multi-stage agreements or managing complex financial settlements through native reasoning processes. This enables the network to execute intricate business cycles as a natural, built-in reflex. You are not just witnessing data processing; you are seeing a network develop its own organic intelligence. This evolution is fundamentally tied to Governance 2.0, moving us into the era of Algorithmic Sovereignty. In this new phase, $VANRY holders do not just vote on treasury funds; they calibrate the ethical guardrails and operational logic of the Kayon engine itself. The new AI Subscription Model launching this quarter turns the token into the literal fuel for on-chain reasoning. Every time an AI agent thinks or the community votes, it creates a heartbeat of real economic utility. #Vanar has revealed its true form as a vertically integrated AI Operating System that is both intelligent and community-owned.
Tokenized real estate means turning property ownership into on-chain tokens, allowing investors to buy fractional exposure digitally rather than owning the entire asset.
That market now stands at $392M across 58 properties, with roughly 80% concentrated in the US and the UAE.
A corrective move is likely, but don’t force shorts. Let price confirm weakness first—then look for structured sell/short setups once the market shows its hand.
Millions crypto but here is what you need to know 📚
Once a bear market starts, you will clearly see which crypto teams are real and actively building their projects—and which teams simply disappear.
I spend my days researching and investigating new projects out of curiosity. I’m a software engineer and blockchain expert, focused on the code side, not the money side.
Trust me: 99.999% are scams. Their websites and roadmaps are often poorly thought out and clearly AI-generated 😅
Most teams don’t actually understand what they’re building. If you don’t believe me, review their websites carefully—especially the real purpose behind the project.