Woofun AI data shows that the Bitwise Top 10 Market Cap Crypto Index declined by 15.4% in the second quarter, marking the third consecutive quarter of negative returns. While Spot Bitcoin ETFs faced significant outflows and on-chain activity decreased, Tokenized Real-World Assets expanded by 50.3% to $328.9 billion. Hyperliquid, PancakeSwap, and Aave each generated approximately $900 million in revenue over the past year, indicating robust fundamentals despite price weakness.