Most crypto sectors are bleeding this year.

L1s, DeFi, NFTs, gaming, all felt the drawdown as liquidity tightened and narratives faded. Risk appetite stayed selective, and hype alone stopped working.

Two exceptions stood out:

➤ Privacy tokens, as users increasingly value sovereignty and censorship resistance

➤ Exchange tokens, driven by real revenue, buybacks, and sustained platform activity

The takeaway is clear: in a weak market, capital doesn’t chase promises, it rotates toward utility, cash flow, and fundamentals.

Trends come and go. Value endures.

BTC

87,110.77

-0.85%

#PrivacyCoins #CEXTokens #BNBChainEcosystemRally #2025Outlook #BinanceSquareFamily