$12B Worth of Crypto Assets Struggle to Fund Security and Development

Ten once-prominent cryptocurrencies now carry a combined market value of $12.06 billion, trading an average of 97.13% below their all-time highs.

A recent report by Taurex noted that recovery needs across the group range from roughly 21.5x for Avalanche to roughly 323x for Internet Computer.

Crypto networks fund security, developer grants and network growth through token issuance, validator rewards and treasury spending, models that work best when prices climb.

At this scale of drawdown, the same issuance produces far less funding, dilutes holders further and adds recurring token supply with little demand behind it.