According to the latest CB Insights unicorn list for 2025, only three crypto companies—Ripple, OpenSea, and Alchemy—managed to maintain their positions among tech giants. This indicates a shift in focus from hype to practical application in the market.
Ripple: Leader in Crypto Payments
Ripple ranks 23rd globally with a valuation of $15 billion. The company focuses on accelerating cross-border transactions between banks on the global market. Despite fluctuations in the cryptocurrency XRP due to legal challenges, Ripple's software continues to be utilized by financial institutions worldwide. This underscores the importance of real-world application of technologies.
OpenSea: Surviving After the NFT Crash
With a valuation of $13.3 billion, OpenSea made it to the list despite the NFT market downturn. The platform remains significant as most users still opt for it for buying and selling digital assets. User and listing networks create a strong effect that allows OpenSea to thrive even amidst cheaper and faster alternatives.
Alchemy: The Silent Power Behind Web3 Apps
Valued at $10.2 billion, Alchemy provides developers with tools to create crypto applications and interact with the blockchain. While it may be less prominent than other unicorns, its role in Web3 infrastructure is crucial. By focusing on developers, Alchemy demonstrates that infrastructure is becoming a key trend in 2025.
The changes in the market highlight that cryptocurrencies in 2025 are facing slowed growth and cautious investment. Only companies offering real solutions for users continue to receive investor support, emphasizing the importance of the technology’s utility over its popularity.
