According to Bobby ONG, co -founder and director of operations at Coingecko, the encryption market is witnessing an increase in the creation of the distinctive symbol. In January 2025 alone, a record number of 600,000 symbols was created.
ONG expects that if this trend continues, the encryption industry may exceed one billion by 2030.
The distinctive code for encryption makes standard levels
In a common recent analysis on X (Twitter), ONG detailed that the average number of distinctive symbols each month in 2022-2023 was about 50,000.
However, by Q4 2024, this number rose to 400,000 per month. This was crowned in the teacher of January 2025.
“This is 12x growth for more than a year,” read the post.
ONG attributed this explosive growth to several main factors. Make the spread of symbolic incubators, such as pump.fun and other launch tools, creating the distinctive symbol is easier than ever.
In addition, developments in Blockchain infrastructure significantly reduce coagulation in symbolic publishing. This enables developers to launch new codes with minimal effort.
The climb of the metal coins has fed this trend. The Culture of the Mm offers an immediate distinctive symbol, and the conversion of viral internet trends immediately into negotiable digital assets. Moreover, the broader trend of the distinctive symbol expanded.
“On this rate, we go about a billion symbols in the next five years. Let that drown,” foretold.
Growth is not limited to symbols alone. According to ONG, Blockchains also expands and decentralized exchanges (Dexes). Each month, 5 to 10 new groups of Blockchains are launched, although most of them are from the ethereum (EVM)-acceptable. This makes them easier to integrate into the ecosystem of the current encryption.
In May 2024, 17 new sets were introduced to win the record, according to ONG. This highlighted the increasing demand on specialized networks. In addition, March 2024 witnessed the launch of a new 89 Dexes, and more decentralized liquidity and providing more symbolic trading.
Does the distinctive symbol create the Altcoin season?
However, the rapid increase in symbols has sparked concerns about the liquidity fragmentation.
“A lot of symbols, each of which spreads limited attention and the liquidity of merchants even thinner. For this reason we do not see the great alternative pumps for previous sessions,” Ong I mentioned.
Previously, the encryption analyst Murad argued that the encryption industry had undergone a permanent transformation led by an unprecedented increase in creating a new symbol. He stated that this shift indicates the end of the traditional Altcoin season.
“There will be no alternative season. Not in 2025,” is to publish.
Instead of gathering in the wide market, Murad expected two trends in a prevailing: short -term speculation and a few coins that can rise to assessments that exceed $ 100 billion.
Meanwhile, some analysts also refer to pump.fun as a worker behind the late Altcoin season. They argue that it turns liquidity into speculative MIM coins, which prevents capital from reaching the traditional altcoins. Sand dunes Reports that the platform launched more than 7.8 million symbols.
Disintegration
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