Cryptocurrency Market Status Mid-2025

◦ Launch platforms outnumber developers

◦ Developers outnumber those with money + VCs investing

◦ Trading platforms and trading bots outnumber good assets

◦ Agencies outnumber KOLs

◦ KOLs outnumber retail investors

◦ Advertisements outnumber cognitive sharing

◦ CMOs outnumber product managers

◦ Public chains outnumber quality dApps

◦ Stablecoins outnumber the 26 letters

◦ Earning from Binance Alpha surpasses on-chain project profits