Crypto cards are no longer just a toy for speculators. The data proves it.

I analyzed 76 weeks of transactions across 16 crypto cards ( RedotPay, Cypher, EtherFi Cash, GnosisPay, and others ) from January 2025 to June 2026. Three conclusions.
1. Activity is growing regardless of the market. The number of transactions has increased 2.7 - fold. The correlation with the price of BTC is zero. People spend crypto every day, regardless of whether it’s a bull market or a bear market.
2. Deposits have become regular rather than large. The median deposit fluctuates within the range of $90 – 135: after a winter peak of ~$165, it returned to ~$100. Users do not park capital on the card - they top it up frequently and exactly to cover their expenses.
Another reason is user caution, as they fear their account might be blocked or the company might lose its license. Therefore, the median deposit is beginning to decline. Customers top up their cards for small payments.
3. Behavior is normalizing. The ratio of the average deposit to the median has fallen from ~6 to ~4: the influence of individual “whales” is weakening, and the distribution is becoming widespread and homogeneous. The product is moving from the early-adopter phase into the mainstream.
Conclusion: crypto cards have become a payment utility. Not a store of value or a speculative asset, but an infrastructure for daily and instant spending.