Bitwise: Crypto Stocks Rise 23% in First Half of 2026, Outperforming Most Major Asset Classes

Odaily reports that Bitwise has released a report stating that in the first half of 2026, crypto asset prices fell by approximately 36%, but crypto-related stocks rose by 23%, trailing only emerging market stocks and outperforming other major asset classes. Bitwise Head of Research Ryan Rasmussen pointed out that the 30 crypto-related listed companies included in the Bitwise Crypto Innovators 30 Index performed twice as well as the U.S. stock market, driven by factors such as mining companies benefiting from AI computing demand, stablecoin issuers, and asset tokenization platforms.

Additionally, according to Token Terminal data, the top ten crypto applications accumulated revenue of $5.9 billion over the past 12 months. PancakeSwap, Hyperliquid, and Aave ranked in the top three, with cumulative revenues of $923 million, $912 million, and $877 million, respectively.

During the same period, the scale of tokenized real-world assets reached $33 billion in the second quarter, a 45% increase from the beginning of the year. The open interest in prediction markets hit a new all-time high of $1.8 billion, with quarterly trading volume reaching $43 billion. (The Block)