A clear pattern from the Top 100 performance in 2025 👀
The strongest performers weren’t random.
Winners:
• Privacy coins (XMR, ZEC) — rising as regulation and surveillance tighten
• Exchange & platform tokens (BNB, OKB, HYPE, WBT) — real revenue, real cash flow
Losers share the same flaws:
• High inflation
• Little to no real utility
• No sustainable business model
Markets are rewarding fundamentals again.
Narratives fade — revenue and use cases don’t.
