More than 125 million tokens were cast in favor compared to just 742 against when voting concluded Thursday.

The shift moved beyond high-level discussions toward frameworks and live pilots, according to industry experts.

Bitcoin dominated the increase as traditional asset managers expanded crypto offerings following spot ETF launches.

Investors should focus on long-term fundamentals rather than attempting to predict near-term movements, he said.

The prolonged pessimism represents one of the longest stretches since the sentiment tracker launched in February 2018.

The assessment comes as broader market conditions show signs of weakness, particularly in Bitcoin performance.

It was a year to forget for GameFi, which ended up being one of the worst-performing crypto sectors in 2025.

CMC Market Pulse delivers actionable market insights, giving you all the key narratives and developments you need in under 5 minutes.

The listing advances the nation's digital asset strategy following recent regulatory developments and the introduction of a gold-backed dollar token.

Weekly NFT sales failed to surpass $70 million during the first three weeks of December, falling below November's pace.

The gains outpaced the broader cryptocurrency market, which remained largely flat during the same period.

Pudgy Penguins launched as an NFT project in 2021 and was acquired by entrepreneur Luca Netz in April 2022 for $2.5 million in Ethereum.

The session reflected broader caution during a period marked by thin trading conditions and reduced institutional activity.

Market structure shifted away from retail-dominated, high-leverage speculation toward hedging activity, basis trades, and ETF-linked positioning.

His projection came as Bitcoin holders analyzed central bank policies and growth forecasts to assess broader economic trends affecting digital assets.

The technology allows individuals to hold value in diverse forms, from Tesla stocks to Bitcoin or euro-denominated stablecoins.

Hadick explained that no single blockchain can scale large enough to handle all tokenized assets and economic transactions alone.

The total deal value surged nearly 300% from last year's $2.17 billion, with growth projected to extend into 2026.