Citing CoinEdition, popular crypto analyst Michaël van de Poppe warned that most altcoins are down nearly 90% and unlikely to recover. He argues that many tokens have underperformed the altcoin market benchmark, with legacy projects suffering from weak adoption and heavy bagholder supply. Van de Poppe claims the current environment is a reset, not just a bear market, and that most altcoins will not survive 2026. He also highlighted that measuring returns against USD can be misleading, as it hides underperformance relative to the broader altcoin market. Projects with growing usage despite falling prices, such as Arbitrum, Near Protocol, and Aave, may still have upside potential.
Most Altcoins Won't Survive 2026, Warns Analyst Michaël van de Poppe
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Summary
Top altcoins are down nearly 90% and unlikely to recover, according to crypto analyst Michaël van de Poppe. He noted that many tokens have underperformed the altcoin market benchmark, with legacy projects struggling from weak adoption and heavy bagholder supply. Van de Poppe called the current phase a reset, not just a bear market, and warned that most altcoins will not survive 2026. He also pointed out that measuring returns in USD can mask poor performance relative to the broader altcoin market. Projects like Arbitrum, Near Protocol, and Aave, which show growing usage despite falling prices, may still offer upside.
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