Crypto Market Turbulence Leads to 11.6 Million Project Failures in 2025
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Surge in Project Failures: In 2025, the crypto market turbulence resulted in over 11.6 million project failures, marking the highest annual record, which indicates a significant increase in investor sensitivity to risk.
- Trading Suspension Phenomenon: In Q4 2025, 7.7 million tokens ceased active trading on GeckoTerminal, reflecting a sharp decline in market confidence, particularly following the market crash on October 10.
- Token Quantity Explosion: By the end of 2025, the number of tokens surged from 3 million in 2024 to 20 million, leading to a flood of low-quality projects that exacerbated the failure rate.
- Volume Fluctuations: Despite a spike in memecoin market capitalization from $38 billion to $47.7 billion at the start of 2026, the extreme volatility in transaction volumes indicates market instability, reflecting changing investor risk preferences towards memecoins.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.







