PANews reported on December 25th that, according to CoinGecko statistics, the strongest performing crypto narrative in 2025 was RWA (Real-World Assets), with an average annual increase of 185.76%, mainly driven by Keeta Network (+1794.9%) and others. Layer 1 crypto ranked second with an increase of 80.31%, while Zcash and Monero surged by 691.3% and 143.6% respectively. US-based crypto narratives ranked third with an annual increase of 30.62%, entirely driven by the strong performance of Zcash.

Despite their popularity, AI and meme narratives declined by 50.18% and 31.61% respectively in 2025; DeFi and DEX sectors fell by 34.79% and 55.53% respectively; Layer 2 recorded a loss of 40.63%, marking its second consecutive year of losses. The worst performers were GameFi and DePIN, which plummeted by 75.16% and 76.74% respectively, while the Solana ecosystem also declined by 64.17%.