Data compiled by Dune and Keyrock shows that Polymarket's average user retention exceeds that of more than 85% of 275 crypto projects, including DeFi platforms, wallets and trading apps. In December, major firms such as Coinbase, Gemini, Phantom and Bitnomial moved into prediction markets, aiming to leverage event-driven engagement tied to elections, sports and macroeconomic data.

Hyper Foundation has called a validator vote to classify HYPE held in Hyperliquid's Assistance Fund system address as permanently inaccessible, excluding those balances from circulating and total supply. The address holds about $1 billion, and a "Yes" outcome would treat these tokens as burned for governance, including USDH reserve yield routed there.

CoinGecko's 2025 State of Memecoins Report says election-driven political tokens helped push the sector's market cap to a record $150.6 billion in December 2024 before a steep decline. By November 2025, memecoins had fallen below $40 billion and NFT sales volumes also slid to $320 million, while some industry figures still expect memecoins to return in a new form.