Based only on the supplied brief, the $12.06 billion combined market value shows that these ten networks still have market attention, but it does not prove that users pay enough to keep them running. The brief gives drawdown and recovery-context figures, including Avalanche at $2.91 billion and Internet Computer at the high end of the cited recovery range, but it does not provide fee revenue, active usage, operating cost, or retention data.
| Primary source | CryptoSlate |
|---|---|
| Reported at | 2026-07-25T11:35:49.000Z |
| Topic | Analysis |
| Evidence limit | Reported facts are separated from interpretation; current prices and platform terms require independent verification. |
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Review BYBITWhat The Brief Actually Shows
The supplied event says ten once-prominent cryptocurrency networks carry a combined market value of $12.06 billion after trading an average of 97.13% below their all-time highs. That is a severe drawdown, but it also means the assets have not disappeared from market attention.
The brief highlights a wide recovery range across the group. It cites Avalanche as the largest of the ten at $2.91 billion and says the recovery need ranges from roughly 21.5x for Avalanche to roughly 323x for Internet Computer.
Those figures describe market distance from prior peaks. They do not, by themselves, show whether the underlying networks have enough paying users, durable demand, or economic activity to justify current valuations.
Why User Payments Matter
For a network that has lost most of its peak market value, the practical question is whether usage can support continued relevance. Price can move because of liquidity, speculation, rotation, or broader market conditions. Sustainable demand needs a stronger test than price alone.
The brief asks whether users pay enough to keep these networks running, but it does not provide the data needed to answer that fully. A useful analysis would compare user-paid fees, active demand, developer or application activity, and the cost structure needed to maintain the network.
This is why the direct answer must stay limited: the supplied material supports a concern about sustainability, not a conclusion that the networks are sustainable or unsustainable.
How To Read AVAX And ICP In This Context
AVAX matters in the brief because Avalanche is cited as the largest network in the group at $2.91 billion and has the lowest cited recovery need in the range, roughly 21.5x. That makes it the comparatively larger asset in this specific set, not automatically the lowest-risk asset.
ICP matters because Internet Computer is cited at the high end of the recovery-need range, roughly 323x. That frames the scale of the gap from its prior peak, but it does not prove what its future price, adoption, or network economics will be.
For both assets, the safer reading is comparative rather than predictive. The supplied brief identifies where they sit in the cited range; it does not establish a trade signal.
Evidence Limits
The available source material is narrow. It includes the event title, a CryptoSlate description, the affected assets AVAX and ICP, the combined market value, the average drawdown, Avalanche's cited market value, and the recovery range attributed to a Taurex report.
It does not include the full list of ten assets, current user counts, fee revenue, validator or infrastructure costs, treasury data, token emissions, liquidity depth, or exchange-specific execution conditions.
Because those data points are missing, this guide should not be used to claim that any named asset is undervalued, overvalued, likely to recover, or likely to fail.
Practical Checks Before Any Trade
Start by separating three questions: what is the token worth today, how far is it from its all-time high, and what real usage supports the network. The supplied brief helps with the first two, but not the third.
Check whether the asset has current market liquidity, transparent fees, active user demand, and a risk profile you can tolerate. Also check whether the recovery multiple is being used as context or as hype. A large required multiple can signal upside narratives, but it can also signal how much value has already been lost.
If you already planned to use Bybit, use the exchange interface to verify the asset, fees, order controls, and liquidity available to you at the time of trading. The supplied partner URL is BYBIT official destination and the code is 11350287. Treat this as access context, not investment advice.
Risk Disclosure
This guide is informational and is based only on the supplied brief. It is not financial advice, a trading recommendation, or a forecast.
A 97.13% average drawdown does not guarantee a rebound. A remaining $12.06 billion combined market value does not guarantee durability. A recovery multiple does not measure whether users pay enough to sustain a network.
Crypto assets can remain volatile even when a project is well known. Any decision should be based on independent verification, position sizing, and a clear loss limit before execution.
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Review BYBITAffiliate link · Availability varies by region · No guaranteed outcomeQuestions readers ask
Does the $12.06 billion combined market value mean these altcoins are healthy?
No. It means the ten networks still have a combined market value, but the supplied brief does not prove user-paid sustainability, profitability, or durable adoption.
What does the 97.13% average collapse mean?
It means the ten networks are trading an average of 97.13% below their all-time highs, according to the supplied brief. It does not predict whether they will recover.
Why are AVAX and ICP mentioned?
The brief lists AVAX and ICP as affected assets. It also cites Avalanche as the largest of the ten at $2.91 billion and places Internet Computer at the high end of the cited recovery-need range.
Can this brief answer whether users pay enough to keep the networks running?
Not fully. The brief raises that question, but it does not provide the fee, usage, cost, or retention data needed for a complete sustainability answer.
How should a Bybit user approach this information?
Use it as a research prompt, not a trade signal. If using Bybit, verify the current asset details, fees, liquidity, and order controls directly before making any decision.