Market Analysis

Between 2020 and 2025, the outlook for the cryptocurrency market has undergone significant changes. This is partly influenced by technological development and shifts in investor preferences and behavior. These changes have created new market opportunities, some of which DexCheck is built on. Here, we discuss a few of these trends and how they matter to the DexCheck Ecosystem.

1. The Shift to Sef-Custody

Inspired by the need for better UX and security, self-custody solutions are arguably the fastest-growing sector in the past few years. ‘DeFi’ connotes efforts to create decentralized alternatives to centralized platforms like Banks, Centralized Exchanges, and lending platforms.

Source: Messari

DEX control of the daily trading volume across the crypto market has risen from just 7% in 2024 to a record peak of 39% in June 2025. Decentralized lending protocols are also revolutionizing crypto lending. These developments are pushing more users to self-custody solutions and improving the quality and usability of on-chain data. On-chain data can now be used extensively to gauge market activity and for diverse use cases like forensics.

2. The Changing Market Structure, Rise of Memecoins, and DEX-based Degeneracy

Crypto investors’ taste in terms of asset class has also changed significantly. Investors are growing a taste for fast-moving assets like memecoins. Thousands of memecoins are created daily, with a majority of the trading activity happening on decentralized trading and token creation platforms. While memecoins pose investment challenges, they have progressed and changed the outlook of the crypto market.

Apart from community-driven projects, the volatility of other crypto assets has also increased tremendously, creating a battle-like scenario for crypto. Thriving in such a market required timely, actionable, and accurate data generated from trading activities.

3. Growth Opportunities for On-chain Intelligence

The changing crypto market presents growth opportunities for existing and new categories. Investors’ due diligence process now includes a detailed review of onchain activities as a way of gaining a better understanding of the market. Information obtainable from onchain activities is immense, from simple transaction tracing to a complete project analysis and informed market predictions. These opportunities are expansive and include;

Decentralized AI solutions for Finance (DeFAI)

LLM and ML applications that function as investment assistants are increasingly in demand. AI agents and advanced protocols powered by artificial intelligence could boost investors’ success through actionable insights generated from millions of on-chain data.

Finance-focused information systems (InfoFi)

InfoFi defines applications that provide in-depth information about financial markets. Investors are in pursuit of ready-made data that improves their decision-making skills and chances of scoring a winning trade.

User-friendly on-chain analysis for Qualitative Investment Strategies

Crypto is going on-chain. The growth in investors’ preference for self-custody solutions is creating a market for on-chain analytics applications. Applications in this category are also improving to align with the market outlook.