Crypto’s 200 largest assets have gained just 5% since October 2021 even as annual new token supply has fallen from 26.5% to 3.3%, leaving the market roughly 35% below its long term trend, according to crypto market analyst Jamie Coutts.
Summary
- Crypto’s Top 200 has gained just 5% since October 2021 and remains roughly 35% below its long term trend, according to Jamie Coutts.
- Annual new token supply growth has fallen from 26.5% to 3.3%, while payouts to token holders have risen fivefold.
- Crypto projects spent approximately $638 million on token buybacks through August 2026, compared with $545 million during all of 2025.
- Altcoin market capitalization has gained around 45%…
