MARKETS DAILY HOLIDAYS: HODL?
On today’s holiday episode of Markets Daily, we’ll define and demystify the blockchain term “HODL.”

On today’s holiday episode of Markets Daily, we’ll define and demystify the blockchain term “HODL.”
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State of the Blockchain 2025

L1 tokens broadly underperformed in 2025 despite a backdrop of regulatory and institutional wins. Explore the key trends defining ten major blockchains below.
Cosa sapere:
2025 was defined by a stark divergence: structural progress collided with stagnant price action. Institutional milestones were reached and TVL increased across most major ecosystems, yet the majority of large-cap Layer-1 tokens finished the year with negative or flat returns.
This report analyzes the structural decoupling between network usage and token performance. We examine 10 major blockchain ecosystems, exploring protocol versus application revenues, key ecosystem narratives, mechanics driving institutional adoption, and the trends to watch as we head into 2026.
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Price-action of dog memecoins dogecoin, shiba inu muted amid thin holiday liquidity

The market remains technical, with DOGE and SHIB's movements reflecting broader risk sentiment and liquidity conditions.
Cosa sapere:
- Dogecoin and Shiba Inu both declined, with DOGE at $0.123 and SHIB at $0.000007165, as broader crypto market struggles continued.
- DOGE is trading within a tight range, needing to hold above $0.122 to avoid further declines, while SHIB has already broken key support levels.
- The market remains technical, with DOGE and SHIB's movements reflecting broader risk sentiment and liquidity conditions.











