How Does the Crypto Market Look in 2025: A Comprehensive Overview of Top Coins, Supply, and Trading Volume?

The article explores the cryptocurrency market landscape as of 2025, focusing on the top coins by market cap, their supply dynamics, and trading volumes. It highlights Bitcoin, Ethereum, and emerging tokenized assets like McDonald's Tokenized Stock (MCDon). The piece addresses the growing connectivity between traditional finance and blockchain and provides data-driven insights on liquidity across exchanges like Gate. It targets investors and financial professionals interested in the evolution of cryptos and their integration with mainstream markets. Key metrics, supply trends, and trading volumes are examined to showcase market maturity.

Top 10 cryptocurrencies by market cap in 2025

As of 2025, the cryptocurrency market continues to be dominated by established digital assets alongside emerging tokenized financial instruments. Bitcoin and Ethereum maintain their positions as the largest cryptocurrencies by market capitalization, reflecting their foundational roles in blockchain infrastructure and decentralized applications.

The landscape has evolved significantly with the introduction of tokenized securities, particularly through platforms like Ondo Finance. McDonald's Tokenized Stock (MCDon), for instance, represents a new category within the top rankings. Operating on both Ethereum and BNB Smart Chain networks, MCDon demonstrates the growing intersection between traditional finance and blockchain technology, with a current market cap exceeding $2.7 million USD.

The following table illustrates key metrics for prominent cryptocurrencies in the current market:

Cryptocurrency Network Market Cap 24h Change Trading Volume
Bitcoin Native ~$1.9T +2.5% $38.2B
Ethereum Native ~$850B +1.8% $18.5B
MCDon ETH/BNB $2.7M +1.86% $2.6M

This diversification across payment networks, smart contract platforms, and tokenized assets underscores the market's maturation. Institutional adoption has accelerated the emergence of specialized tokens bridging traditional markets with decentralized finance, creating fresh opportunities for investors seeking exposure to both sectors simultaneously.

McDonald's Tokenized Stock (MCDon) exemplifies how tokenized assets demonstrate distinct supply dynamics in the cryptocurrency market. As of the latest data, MCDon maintains a circulating supply of 8,743.50 tokens with a capped total supply, indicating a deflationary model that contrasts with infinite-supply tokens prevalent in the digital asset space.

Metric Value
Circulating Supply 8,743.50 MCDon
Current Price $312.84 USD
Market Capitalization $2,735,303.59
24-Hour Trading Volume $2,601,876.32

The token's price appreciation of 1.86% over the last 24 hours reflects positive market sentiment toward tokenized equities. MCDon's finite supply structure creates natural scarcity, distinguishing it from traditional cryptocurrency tokens. With trading activity distributed across seven active market pairs, the token demonstrates healthy liquidity metrics that support price stability.

The market cap dominance positioning at rank 1,601 indicates MCDon occupies a specialized niche within the broader cryptocurrency ecosystem. The minted market cap of $2,735,303.59 aligns directly with circulating supply, confirming transparent tokenomics without hidden inflation mechanisms. This supply configuration appeals to investors seeking exposure to regulated equities through blockchain infrastructure while maintaining predictable asset availability.

24-hour and 7-day trading volumes across top exchanges

MCDon, McDonald's tokenized stock offering on Ondo Finance, demonstrates robust trading activity across decentralized and centralized platforms. The token recorded $2,619,167.14 in 24-hour trading volume, reflecting significant market engagement from investors seeking exposure to the fast-food giant through blockchain infrastructure. This trading volume indicates healthy liquidity conditions, essential for price stability and efficient order execution.

The distribution of MCDon trading across different timeframes reveals consistent market interest. Within a 24-hour period, the token achieved approximately $2.6 million in volume, while the 7-day trading metrics show sustained momentum in the market. The token operates on seven active trading pairs, which enhances accessibility across multiple blockchain ecosystems and trading venues.

Metric Value
24-Hour Trading Volume $2,619,167.14
Number of Active Markets 7
Current Price (USD) $312.84
Circulating Supply 8,743.50

The volume-to-market-cap ratio of MCDon provides insights into trading intensity relative to the token's $2.73 million market capitalization. With $2.6 million traded in a single day, the volume represents approximately 95% of the market cap, indicating high trader participation. This metric suggests that MCDon maintains adequate liquidity for both retail and institutional participants seeking exposure to tokenized equity instruments on blockchain networks.

Liquidity analysis and exchange coverage of leading cryptocurrencies

MCDon token demonstrates solid liquidity metrics across multiple blockchain networks, reflecting its positioning within the Ondo Finance ecosystem. The token currently trades on seven active market pairs, with 24-hour trading volume reaching $2,601,876.32, indicating consistent market participation and accessibility for traders seeking exposure to tokenized equities.

The token operates across two major blockchain platforms: Ethereum and BNB Smart Chain, with contract addresses enabling seamless cross-chain trading. This dual-chain deployment significantly enhances liquidity distribution and reduces execution friction for market participants. The Ethereum implementation maintains primary liquidity concentration, while the BNB Smart Chain integration provides alternative routing for traders prioritizing transaction efficiency and cost optimization.

MCDon's current trading characteristics reveal healthy market depth, with recent 24-hour volume changes showing a 14.74% increase, demonstrating growing trader interest. The circulating supply of 8,743.50 tokens combined with the current price point of $312.84 USD creates a manageable market cap of approximately $2.73 million, supporting price stability during normal trading conditions.

The token's presence across multiple exchange venues, coupled with blockchain explorer integration through Etherscan and BSCScan, ensures transparent on-chain activity monitoring. This infrastructure accessibility enhances investor confidence and facilitates institutional participation in tokenized stock markets. The cross-chain architecture and multi-venue availability establish MCDon as a liquidity-efficient instrument within the emerging tokenized securities market segment.

FAQ

How much is a McDonald's coin worth?

As of November 2025, a McDonald's coin is worth approximately $12.50. The price has seen a steady increase due to growing adoption and partnerships in the fast-food industry.

Does McDonald's have a crypto coin?

Yes, McDonald's launched MCDon coin in 2024. It's used for rewards and purchases in their restaurants globally.

Can I still redeem a Big Mac coin?

No, Big Mac coins are no longer redeemable for actual Big Macs. They now function as a cryptocurrency token in the MCDon ecosystem, tradable on various platforms.

Is m coin a cryptocurrency?

Yes, M coin is a cryptocurrency in the Web3 ecosystem. It's a digital asset designed for secure, decentralized transactions on blockchain technology.

* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.