Among the top 100 tokens, 90% have fallen over 90 days, with ETH and AAVE dropping more than 20%

Latest data shows that 90% of the top 100 cryptocurrencies have shown negative values in the past 90 days, as the market faces a severe sell-off.

Market observers warn that most tokens will never return to their previous highs, and only projects with sustainable revenue models that can create real value for holders have a chance to recover.

Charts show a decline ranging from -1.34% for SKY to -43.61% for TON, reflecting that the overall market is undergoing structural adjustments, and investors need to be more cautious in selecting projects with long-term value.