Leading Crypto Industry Research and Analysis

As bear-market traders chase volatility outside altcoins, Gate's shift to a full-scale multi-asset trading platform with direct-owned US and global equities shows how crypto exchanges evolve and secure competitive positions.

A data-driven look at BYDFi finds an exchange that competes on execution speed in futures while trailing the majors on liquidity depth.

Public token sales have gone through several distinct market phases since 2020: from the early post-IEO era, through the IDO boom of 2021, into the contraction of 2022–2023, followed by a recovery in 2024 and a more selective market environment in 2025–2026.

Over the past two years, we have seen a gradual decline in interest in token sales, and it seems this narrative reached the bottom in Q2 2026. Read on to understand how the market has changed and what factors drive those changes.

Capital deployed through crypto M&A transactions increased from $272M in Q4 2025 to $7.23B in Q2 2026, representing a more than 26x increase in just six months.

The second quarter of 2026 has been challenging for most major cryptocurrencies. Despite several brief rallies in April and May, the market came under renewed pressure as June progressed. What stands out, however, is not the overall decline but the widening performance gap between individual assets.

Spot, futures, and perpetual DEX volumes fell to two-year lows in Q2 2026, even as June's rebound in trading activity contrasts with a continued collapse in new CEX listings.

Crypto's Q2 2026 looked calm from the outside, but the data underneath tells a very different story. Read the latest market recap to uncover all insights.

As the crypto market pulled back, stablecoins moved to center stage and became the main segment in web3.