Interesting observations from the cryptocurrency market in recent years. Looking at the top 100 cryptocurrencies, you can see a huge range of results – while Bitcoin and Ethereum performed quite well, many other projects took a solid hit.



The worst performers were Layer 2 solutions for Ethereum. Starknet (STRK) lost over 72%, MultiversX (EGLD) about 77%, and Optimism (OP) as much as 83%. Arbitrum (ARB), on the other hand, dropped nearly 65%. Polygon (MATIC) fared a bit better, but still down 26%. This shows how differently projects from the same segment can behave.

On the other hand, Bitcoin and Ethereum showed relative resilience compared to the rest of the top 100 cryptocurrencies. ETH is up over 25%, and BTC remains close to its year-ago level. This is a fairly classic situation – market leaders are more stable, while alternatives are more volatile.

Interestingly, Bitcoin’s dominance had been increasing for a long time – its share of the total cryptocurrency market capitalization reached peaks above 57%. The overall market capitalization has changed significantly, but the top 100 cryptocurrencies show that not all projects grow together. Tracking these trends can provide valuable insights into the market’s direction.
BTC0.73%
ETH0.96%
STRK-1.11%
EGLD0.59%
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