2026-01-03 02:22:17

Looking back at 2025, the crypto market certainly lived up to its reputation for drama and volatility. The year kicked off with high-profile token launches, but what followed was a relentless string of setbacks that tested even the most seasoned traders.

Rug pulls became almost routine—from celebrity-backed tokens to country-themed projects, the pattern repeated itself across major networks. Solana saw particular turbulence, with SOL plummeting from $295 all the way down to $123, a gut-wrenching 58% collapse that wiped out countless positions. Meanwhile, the ecosystem suffered from multiple hacks and protocol exploits, including major incidents on certain trading platforms that shook confidence in exchange security.

Notable projects like JellyJelly and various nation-themed tokens promised moon missions but delivered exit scams instead. The chaos wasn't limited to obscure projects either—even figures known for market commentary found themselves caught up in the volatility.

As we move into 2026, one has to wonder: will lessons be learned, or are we destined to repeat the same cycle? Market maturity and investor caution might finally start to separate signal from noise.

SOL-0.99%

JELLYJELLY-4.39%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

14 Likes

Reward
14
9
Repost
Share

Comment

0/400

SelfStaking

· 3h ago

Haha, this cycle is just like a loop again. Does anyone really learn anything? --- Sol dropped from 295 to 123. A few of my friends went bankrupt directly, completely out of patience. --- Celebrity-endorsed coins still get rug pulled. Basically, it's just an information gap being exploited. --- In 2026, it's the same story. Betting five dollars, and it's another round of new investors entering. --- I saw that jellyjelly wave, and it seemed pretty outrageous. Someone really went all in? --- The problem is every time they say they've learned their lesson, but it's the same old tricks. It's hilarious. --- Even the exchanges can't guarantee security anymore. How can we still play? --- That's how the crypto world is—so many dramas, more exciting than TV dramas. --- Those self-media commentators also face crashes; no one can escape this wave. --- There probably won't be much change in 2026. The market just loves this kind of thing.

View OriginalReply0

mev_me_maybe

· 23h ago

Sol dropped from 295 to 123, really incredible. My position... don't even mention it. Here's another one: Rug pull has become routine; this circle really doesn't treat retail investors as people. Here's another one: Every year they say it will mature, but every year it's the same script of cutting leeks. Here's another one: Those celebrity tokens... I just block them as soon as I see them, wasting life. Here's another one: After the JellyJelly incident, I learned to be smart. Now I see everything as an exit scam. Here's another one: Will 2026 repeat? Honestly, I don't believe anything will change; it's in the DNA of this circle. Here's another one: The security vulnerabilities in the Solana ecosystem are really frightening. How are there still people willing to go all-in? Here's another one: The problem is, who can really distinguish signal from noise? Anyway, I can't tell the difference.

View OriginalReply0

Rugpull幸存者

· 01-03 17:48

This is our fate. Every year we ask if things will get better, but it's always the same script. I witnessed Sol drop from 295 to 123 with my own eyes. The feeling was truly incredible. Celebrity tokens are the funniest. The bigger the persona, the more ruthless the rug pull. This pattern never fails. Still want to learn a lesson in 2026? Wake up. We are destined to be exploited.

View OriginalReply0

BagHolderTillRetire

· 01-03 02:52

I just want to know, when will the victims of this rug pull finally learn their lesson? Honestly, in this round, only the gods survived, SOL's 58% drop is simply incredible... I feel for everyone's principal. Celebrity token should be directly blacklisted; this scam is so rotten that people still fall for it, truly unbelievable. 2026 is coming, but I bet five bucks that we'll still see the same tricks because greed never dies.

View OriginalReply0

AlphaBrain

· 01-03 02:52

ngl this is just a leek harvest machine, using the same tricks every year

View OriginalReply0

TokenStorm

· 01-03 02:51

SOL dropped from 295 to 123, my leveraged liquidation price was long since breached. This is what you call a perfect technical prediction [Dog Head] On-chain data shows that big players have already run away, and we retail investors are still gambling in the eye of the storm, guessing who will be the last to exit. For projects like JellyJelly, just look at the token distribution curve to know it will definitely rug, but I still took a shot, purely as a learning experience. Backtesting historical data, this kind of sharp decline pattern usually rebounds 28-35% within 72 hours. But disclaimer: this is not investment advice. In 2026, I expect it will be the same story, just with a different group of retail investors involved. Rug pulls have become routine, indicating that the market has habitually ignored risk factors, which is very normal.

View OriginalReply0

MoneyBurnerSociety

· 01-03 02:49

My investment report card for 2025: Entered SOL at 295, stayed with it all the way down to 123, perfectly illustrating what "contrarian indicator" means. What can happen next year? Isn't it just continuing to be trapped?

View OriginalReply0

gaslight_gasfeez

· 01-03 02:37

2025 is really a feast of magical realism, rug pulls are more frequent than eating meals The wave where SOL dropped from 295 to 123, really caused some to lose everything... I can't imagine Celebrity tokens can deceive people, what does that say? Everyone just wants to take a gamble Anyway, I've given up on predictions. Let them do whatever they want

View OriginalReply0

DogeBachelor

· 01-03 02:33

2025 has just passed... SOL dropped from 295 to 123, I'm honestly speechless Pushed to the edge, another year wasted Celebrity tokens dare to throw money... really brainless Rug pull has been heard so many times this year that my ears are numb When will this damn cycle ever stop... Will 2026 be better? Honestly, I’ve lost hope That JellyJelly incident, I knew it would go wrong, and for people to still buy in is really outrageous Repeat after repeat? Forget it, I give up thinking Why is it always the same play different actors... The exchange hacker incident has completely shaken my confidence in everything Does the crypto world really not learn its lessons?

View OriginalReply0