The crypto market has clearly cooled down in 2026.



Average fees across sectors are down 44.6%, while the median decline reached 42.2%.
DEX fees dropped by 52.5%, and NFT marketplaces collapsed by 82.5%.

But the biggest fee-generating sectors are still the same: L1 networks, DEXs, derivatives, lending, and liquid staking.

So the market is not dead - it is just becoming much more selective.

Hype is fading, but real usage and real revenue still matter.#MyGateTradeStory
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GoldfishOnIce
· 3h ago
It's just a bear market reshuffle; only the genuine demand remains.
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ApeWithNotes
· 3h ago
DEX transaction fees cut in half but L1 still holding up, indicating that on-chain infrastructure hasn't collapsed, just that the bubble has been squeezed out—this is actually a healthy signal, much better than the false fire in 2021.
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