I just noticed that CoinGecko released its first quarter 2026 report, and the numbers are a bit concerning. The market decreased in value by about 20% this quarter, reaching $2.4 trillion. Compared to the peak last October, that's roughly a 45% decline. Things don't seem light.



What caught my attention even more is the trading volume on centralized exchanges — down 39% to $2.7 trillion. March was the worst month with only $0.8 trillion. Even the stablecoin USDT saw a decline for the first time since 2022. Bitcoin itself dropped 22% this quarter.

Interestingly, Solana still dominates DEX with a 30.6% share of trading. It seems that commodities traders are now heavily using Hyperliquid for 24/7 trading. The market has shifted from a sharp correction to a real winter.
SOL-1.81%
HYPE-5.32%
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