Gemini Lists 2026's Biggest Altcoin Losers

Gemini, a crypto exchange, identified the ten worst-performing altcoins of 2026. The collection features well-known assets like Cardano, XRP, and Dogecoin, which experienced steep falls.

The sharp drops highlight the impact that weak liquidity and waning speculative activity have had on the wider altcoin sector.

Gemini Lists 2026's Biggest Altcoin Losers

Gemini shared the ranking in a post on X. Bitcoin Cash headed the list with a 61.76% decline, Polkadot followed at 53.03%, and Cardano at 48.04%.

XRP placed fourth, dropping 43.43%. Dogecoin and Sui were not far behind, with losses of 42.38% and 42.08%.

Further down the ranking, Hedera declined 38.13% and Solana fell 34.02%. Avalanche and Kaspa rounded out the bottom, losing 33.40% and 30.75%.

Every token on the list fell by more than 30% during the year. The selloffs were largely driven by falling liquidity, reduced speculative appetite, and tepid institutional engagement.

biggest losers of 2026 so far $BCH -61.76% $DOT -53.03% $ADA -48.04% $XRP -43.43% $DOGE -42.38% $SUI -42.08% $HBAR -38.13% $SOL -34.02% $AVAX -33.40% $KAS -30.75%

— Gemini (@Gemini) November 10, 2026

The presence of large-cap networks like Solana and Avalanche on the list indicates the downturn has affected well-established projects, not just smaller tokens.

What Drove the Steep Decline of These Altcoins in 2026?

Each cryptocurrency dealt with specific challenges. Bitcoin Cash, for instance, is unwinding a roughly 38% rally from 2025. It recorded consecutive monthly drops exceeding 30% in May and June.

The token rebounded in September after CME Group announced BCH futures, but the boost did not halt the overarching decline.

Cardano continues to face headwinds from restricted DeFi activity. Its total value locked (TVL) reportedly dropped under $50 million by November 9, DefiLlama data shows.

XRP confronts a distinct issue. Ripple's expansion into institutional payments, stablecoins, and tokenization has not translated into consistent buying pressure. Spot trading volume for XRP declined 53.5%, while perpetual futures volume shrank 44%.

Dogecoin likewise suffered as meme coin enthusiasm waned. Bitwise closed its Dogecoin ETF in September after seeing insufficient investor demand.

Broader macroeconomic forces are still burdening altcoins, keeping many investors cautious as 2026 draws to a close. A rebound will probably need greater institutional inflows and a revival of retail demand.