Crypto's Big Winners and Losers of 2025

In the ever-changing world of crypto, 2025 brought some clear winners and losers. Experts have been talking about who came out on top and who didn't. Big names like Robinhood are doing well. They took a careful approach at first, but once things became clearer, they jumped in. This move paid off. Other big players also did well because they were ready for changes. Stablecoins are another big winner. They are simple but very useful. People realized that stablecoins are not just about making money. They actually help users in real ways. This made them a hot topic in 2025.Prediction markets also had a great year. Platforms like Kalshi and Polymarket grew a lot. Big investments, like the $2 billion from Intercontinental Exchange, showed that people believe in their future. But not everyone had a good year. Do Kwon, the co-founder of Terraform Labs, was a big loser. He was sentenced to 15 years in prison for his role in the Terra collapse. This event erased $40 billion from the crypto market in 2022. The U. S. Securities and Exchange Commission (SEC) also had a tough year. Experts say their aggressive approach didn't help much. It drove many founders away. But things started to change in 2025. New laws, like the GENIUS Act, showed a shift in the government's approach.