Crypto 2025 recap: Key trends & what to expect in 2026

It’s been quite a wild ride for crypto this year, with bigger players, policy changes, and a change in activity patterns. Some narratives matured, others faded, and a few have set things up for the next year.

To understand where crypto might head in 2026, it’s worth looking closely at what happened in the year gone by.

A year of range-bound reality

At first glance, 2025 looked active. In reality, it was restrained.

Bitcoin spent most of the year oscillating within a wide range, pushing to new highs mid-year before giving up much of those gains by Q4.

Despite periods of faster pace, BTC largely ended the year close to where it began, with a 10% drop YTD.

Source: TradingView

Something similar happened with TOTAL2, which tracks…

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