In the month of June 2025, the crypto market demonstrated remarkable resilience, recording an overall growth of 2.62% despite a turbulent macroeconomic environment.
In this analysis, we examine the main dynamics that have affected the sector: the performance of the major cryptocurrencies, the evolution of decentralized finance (DeFi), and the surprising growth of the NFT segment.
Crypto market: Bitcoin in command and sentiment recovering
After weeks of geopolitical tensions in the Middle East and concerns about global energy supplies, the markets found a new equilibrium in the second half of June. The overall capitalization of cryptocurrencies thus rose by 2.62%, a sign of confidence from investors.
The undisputed protagonist was Bitcoin, which reached a new peak of dominance at 65%, a level not seen since 2021. The queen of crypto gained 3.9%, confirming its perception as a safe-haven asset during phases of uncertainty. Investors continue to prefer liquid and established assets, to the detriment of many altcoins that have suffered.
In support of the stability of the sector, the robustness of the flows on ETF crypto has also been confirmed, which demonstrates a growing interest from institutional investors, strengthening the overall maturity and liquidity of the market.
Top performers and worst of the month: HYPE and BCH shine, ADA and DOGE disappoint
Among the cryptocurrencies with the largest market capitalization, the performances have been extremely divergent. Let’s look at the main movements:
HYPE: +24.7%, best performance of the month, thanks to its dominant role in the DEX sector and the institutional purchase of 2 million dollars in tokens by Lion Group Holdings.- Bitcoin Cash (BCH): +20.7%, driven by the breakout of important technical levels and renewed speculative enthusiasm.
Tron (TRX): +3.6%, supported by rumors of a possible listing on Nasdaq through a reverse merger with SRM Entertainment.
XRP: +0.8%, still under pressure due to legal cases, but nonetheless in bull territory.
ADA (Cardano): -16.5%, the worst of the month, penalized by the postponement of the SEC decision on the Grayscale ETF and the Chang hard fork.- DOGE: -12.7%, hit by speculative selling and a whale transfer of 155 million DOGE to Robinhood.
Ethereum and other altcoins have also lost ground, reflecting the preference for more defensive assets.
DeFi: Ethereum on the rise, Tron crashes
In the decentralized finance sector, the Total Value Locked (TVL) recorded a decrease of 2.19% compared to the previous month, amid significant risk aversion. However, Ethereum saw its market share increase significantly, strengthening its leadership over the DeFi ecosystems.
Bad instead for BNB Chain, Solana, and Arbitrum, which have lost ground. Particularly severe is the collapse of Tron, which saw 2 billion dollars withdrawn from lending protocols and a 62% drop in DEX volumes.
On the stablecoin front, the market recorded a growth of 2.57%, favored by the approval of the GENIUS Act in the United States. USDC consolidated its position, slightly increasing its market share, even though USDT remains the dominant stablecoin.
NFT: Immutable reaches the top, Ethereum yields
The NFT market showed encouraging signs in June, with a 7.22% increase in sales volume, supported by the general crypto market bull and the growing interest in gaming applications.
Ethereum, historic leading platform for NFT, has experienced a drop in sales of 49.9%, falling to third place. In contrast, Immutable has recorded an extraordinary growth of 215%, thanks to the success of the game Guild of Guardians, which has dominated sales among the main collections. Polygon has also maintained the second position (+12%), driven by the Courtyard collection.
This evolution confirms how the NFT sector is gradually maturing, moving from simple collecting to more concrete and innovative use cases, particularly in gaming.
Outlook for the coming months: resilience and new opportunities
June 2025 confirmed the ability of the crypto sector to withstand unfavorable macroeconomic conditions and to continue innovating. The established dominance of Bitcoin, the growth of DeFi on Ethereum, and the transformation of NFTs into useful assets in gaming represent positive signals.
However, the prospects remain tied to external factors, such as the evolution of geopolitical tensions and regulatory decisions, particularly in the United States. Investors will likely continue to balance caution and the search for opportunities, favoring solid assets like BTC and selectively targeting emerging sectors like NFT and stablecoin.
