Record-breaking 2025 marks 4,500-fold jump in crypto failures
A 4,500-fold jump since 2021 has taken the total number of crypto project failures to a staggering 11.6 million in 2025 and made it the worst year in history, according to data from Bestwallet.com.
Of the projects that failed, most did so in the fourth quarter of 2025 alone, when 7.7 million tokens collapsed amid market turbulence after the 10 October “liquidation cascade”.
As per the report, 86% of all failed projects recorded since 2021, which includes projects that became inactive, lost trading…
