These digital projects were once valued at billions of dollars, and now they are trading at 90% less.


10 digital transactions projects were valued at billions of dollars in market value, ranging from 7 million to 294 million, according to cryptocurrency data.

The difference between the valuations of the last rounds of venture capital and the current market values ​​is between 88% and 88%, where four of the ten projects that have been severely affected return to the sector 2.

Skroll and Boba Network lead the list

Scroll (SCR) leads the ranking with a drop of 99.54%, where it collected the 2nd layer of Ethereum funding worth 80 million through rounds led by Polychain Capital, Variant Bain Capital Crypto and others. Its last valuation reached 1.8 billion.

It is now trading with a market value of approximately 8.25 million.

It was followed by Boba Network down -99.26%, while Fuel Network recorded a 99.25% drop from the 1 billion valuation.

The blog stated that these projects ranged in value from billions of dollars to millions of dollars, but almost completely destroyed the value. It confirmed that it even supported first-tier venture capital funds such as Paradigm, Sequoia and CBventures to protect its post-IPO performance.

low risk capital assessment of digital currencies
low risk capital assessment of digital currencies. source: X/CryptoRank VCs

سجّل ستارك نت (STRK) biggest absolute loss In the list, it collected 282.5 million بارادايغم, Sequoia Capital andGreenoaks Capital to evaluate 8 billion. The current market capitalization is around 199 million, up 95%.

include the rest of the top 10 Polyhedra (-99.05%), Wormhole (-96.99%), Magic Eden (-96.70%), HashKey Group (-96.46%), 90 Moca (-96.23%) وUnchangeable (-88.23%).

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Rise in venture capital funding in digital currencies despite market weakness

Despite these losses, risk capital saw activity higher than new. CryptoRank data shows that the month of March 2026 recorded about 100 rounds of funding with a total of 2.59 billion in funds, which is the highest level since October 2025.

Venture capital financing in digital currencies during the past year.
Venture capital financing in digital currencies during the past year. source: CryptoRank

Coinbase Ventures and Animoka Brands led the most rounds funded during the month. In addition, it formed 39 rounds of block chain services, followed by 20 rounds of Zamdefi funding, and 15 rounds of central funding (cefi).

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