Bitwise: Crypto stocks rose 23% in the first half of 2026, outperforming most major asset classes

Odaily Planet Daily reports that Bitwise released a report stating that while crypto asset prices fell approximately 36% in the first half of 2026, crypto-related stocks rose 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 publicly listed companies covered in the Bitwise Crypto Innovators 30 Index performed twice as well as the U.S. stock market, driven by factors including mining companies benefiting from AI computing demand, stablecoin issuers, and asset tokenization platforms.

Additionally, according to Token Terminal data, the top ten crypto applications generated cumulative revenue of $5.9 billion over the past 12 months, with PancakeSwap, Hyperliquid, and Aave ranking 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, an increase of 45% from the beginning of the year; the open interest in prediction markets reached an all-time high of $1.8 billion, with quarterly trading volume reaching $43 billion. (The Block)