DePIN and crypto gaming led a surprising end-of-year rebound
The post DePIN and crypto gaming led a surprising end-of-year rebound appeared on BitcoinEthereumNews.com.
This is a segment from the 0xResearch newsletter. To read full editions, subscribe. It was a mixed week for crypto, with BTC ending higher but sharp divergence across sectors. DePIN and Gaming led a surprising rebound after a rough year, while L2s, RWAs and the treasury trade continued to grind lower as flows stayed choppy. To add some insight to the new year, we’ve rounded up some weekend reads on stablecoin yield, payments infrastructure, interoperability and last year’s fastest-moving narratives. With a shortened equity trading week due to the holidays, the focus shifts to crypto performance over the past week. BTC finished the week up 1.6%, though performance across altcoins remains highly fragmented. The biggest movers may come as a surprise. DePIN and Gaming led all sectors with gains of 13.1% and 12.6%, respectively. These have been two of the weakest performers in 2025, down -79.5% and -81.3% on the year, making the rebound notable. DePIN strength was driven by FIL and RENDER, which rose 22% and 13% on the week and together account for 49% of the index. Gaming followed a similar pattern, with IMX up 11%, doing most of the heavy lifting for the sector. On the downside, L2s and RWAs lagged, falling -2.67% and -0.84% over the week. L2 weakness was led by MNT and ZORA, down -5.7% and -6.4%. At the same time, other L2 names such as OP, ARB, and ZK posted gains between 10% and 20%, highlighting sharp divergence within the sector. RWAs were pressured by a pullback in Gold after its strong run this year, with PAXG and XAUT both down around -3.4%. Flows remain choppy. On Dec. 31, ETFs saw $417.8 million of outflows, nearly offsetting the $428.2 million of inflows recorded the day prior. Digital asset treasuries continue to feel the…
Filed under: News - @ January 2, 2026 5:23 pm