Altcoin Market Sees Average 70% Decline Over the Past Year, According to Delphi Digital

According to a sector-specific dashboard released by cryptocurrency research firm Delphi Digital on February 1, only 6% of altcoins experienced price increases over the past year, with the overall average decline reaching 70%. The firm described this as a 'challenging year for altcoins.'

Detailed data indicates that the decline was particularly pronounced in emerging sectors. Modular blockchain-related tokens had an average decline rate of 83.78%, while platform frameworks recorded a devastating drop of 90.42%.

Major Layer 1 tokens also saw an average decline of 54.62%...