The Top 5 Cryptocurrencies Have Lost Up to 72% From Their Peaks
After months of a weaker crypto market, the leading cryptocurrencies continue to trade far below their all-time highs.
Summary:
- The top 5 cryptocurrencies remain far below their historical peaks.
- Solana has recorded the deepest decline among the major projects.
- XRP and Ethereum have also lost more than half of their value.
- Bitcoin continues to hold up the best.
After many cryptocurrencies reached new highs in 2025, the market gradually reversed direction and entered a more serious correction phase, while the subsequent geopolitical tensions further increased pressure on the crypto sector.
As a result, a large portion of the leading cryptocurrencies are currently trading significantly below their all-time highs.
In this article, we will examine how the five largest cryptocurrencies by market capitalization are performing, excluding the stablecoins USDT and USDC.
The reason is that USDT and USDC actually rank third and sixth by market capitalization, but as stablecoins, their prices remain fixed and do not go through the typical market movements seen in other crypto assets.
This leaves Bitcoin, Ethereum, XRP, Solana, and BNB in the comparison.
Bitcoin remains the most stable among major assets
Among the five largest cryptocurrencies, Bitcoin is showing the smallest correction from its all-time high (ATH), according to data from TradingView.
According to the chart, BTC is currently trading 40% below its ATH after partially recovering some of the losses caused by the broader market correction over recent months.
Nevertheless, its dominance over altcoins remains clearly visible. Most altcoins are still struggling to hold key support levels, while Bitcoin continues to demonstrate significantly greater resilience in an environment of reduced risk appetite.
This divergence is exactly what makes BTC the preferred asset for investors seeking relative safety within the crypto space without exiting the market entirely.
Solana remains the hardest hit
The largest decline among the analyzed assets comes from Solana.
At the time of writing, SOL is trading at $82, leaving the price 72% below its all-time high of $294, reached at the end of 2024.
The decline occurred over roughly 20 months and erased more than $212 from the asset’s value, despite daily trading volume exceeding $2 billion.
READ MORE: Bitcoin ETF Selling Deepens as Altcoin Funds Gain Ground
The RSI indicator on the monthly chart remains around 41.80 – a level that still points to a weaker market structure and a lack of convincing signals for a more serious short-term recovery.
XRP and Ethereum also remain far below their highs
XRP has fallen 63% from its all-time high reached in June 2025. The decline wiped out $2.32 from the token’s value.
What is particularly notable is that even after Ripple won its legal battle against the U.S. Securities and Exchange Commission – an event that fueled a massive rally at the end of 2024 – the token failed to hold onto its gains and returned almost to the levels seen before the legal catalyst.
Ethereum also remains under significant pressure, trading 59% below its ATH levels, although it continues to be the leading network for DeFi, stablecoins, and tokenized assets.
BNB is holding up better than most altcoins
BNB has declined 53% from its all-time high.
As a result, BNB is performing better than most major altcoins, despite still trading far below its previous record levels.
The chart also shows significantly more stable price action compared to the other major altcoins amid the ongoing pressure across the entire crypto market.
What the bigger picture shows
The data clearly reflects the behavior of the crypto market following the end of the last major bull cycle.
While Bitcoin has managed to remain relatively stable and continues to attract the majority of capital within the sector, pressure on most major altcoins remains considerably higher.
Their declines have already reached between 60% and 72% from their all-time highs – a difference that clearly demonstrates how sharply appetite for riskier and more speculative crypto assets has contracted.
In practice, the market continues to seek relative safety mainly around Bitcoin, while a large portion of altcoins still cannot recover the strength and investor interest they attracted during the last bull market.
The information presented in this article is intended for informational purposes only and should not be interpreted as financial, investment, or trading advice. Coinspress.com does not promote or advocate for any particular investment strategy, asset, or cryptocurrency project. Cryptocurrency markets are highly volatile and unpredictable – always perform your own research and seek guidance from a qualified financial professional before making any investment decisions.
Kosta Gushterov
Reporter at CoinsPress
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
