Theme Trends
Crypto · vs Bitcoin · as of 3 Aug 2026Every theme, equal-weighted — no coin is bigger than any other here. Confirmed moves come first: a theme already breaking out or leading, whose members confirm it in their own trailing 12-month protocol revenue, with participation still widening. Everything else follows on the same four readings — where the theme sits in a breakout, whether its members confirm it, how many of them are participating, and its two-year line against Bitcoin. Nothing is dropped for failing the first cut; it ranks lower. Every figure on a card is read from the same 3 Aug 2026 build, so no two of them are from different weeks. Counts like "14 of 31 in momentum" are headcounts: one coin, one vote. Market value is used only to decide who is large enough to be included and to sort the large, mid and small ladder, never to weight a number on this page. Weekly member returns are capped at −90% and +100% before averaging, so one bad print cannot set the level of a whole theme.
Payments
BREAKING OUT · ahead 8w·Payments has been ahead of Bitcoin for 8 weeks, and 7 of its 12 members beat the index by 5% or more over three months — as of 3 Aug 2026.
Layer 2
BREAKING OUT · ahead 11w·Layer 2 has been ahead of Bitcoin for 11 weeks, and 13 of its 25 members beat the index by 5% or more over three months — as of 3 Aug 2026.
Interoperability/Bridges
BREAKING OUT · ahead 11w·Interoperability/Bridges has been ahead of Bitcoin for 11 weeks, and 4 of its 10 members beat the index by 5% or more over three months — as of 3 Aug 2026.
Infrastructure
BREAKING OUT · ahead 10w·Infrastructure has been ahead of Bitcoin for 10 weeks, and 5 of its 7 members beat the index by 5% or more over three months — as of 3 Aug 2026.
Meme
LEADER · ahead 32w·Meme has been ahead of Bitcoin for 32 weeks, and 28 of its 69 members beat the index by 5% or more over three months — as of 3 Aug 2026.
Perps/Derivatives
LEADER · ahead 33w·Perps/Derivatives has been ahead of Bitcoin for 33 weeks, and 3 of its 6 members beat the index by 5% or more over three months — as of 3 Aug 2026.
Exchange Tokens
TURNING · ahead 2w·Exchange Tokens has been ahead of Bitcoin for 2 weeks, and 12 of its 21 members beat the index by 5% or more over three months — as of 3 Aug 2026.
Wallets
BASING · +2 joined·Wallets trails Bitcoin by 35% over a year, and 4 of its 8 members beat the index by 5% or more over three months — as of 3 Aug 2026.
Privacy
FADING · −4 in 4w✓2 of 3 Privacy members grew trailing-twelve-month protocol revenue versus a year ago, and the theme has been ahead of Bitcoin for 12 weeks — as of 3 Aug 2026.
DEX
FADING · −9 in 4w⚠2 of 6 DEX members grew trailing-twelve-month protocol revenue versus a year ago, and the theme has been ahead of Bitcoin for 17 weeks — as of 3 Aug 2026.
RWA
FADING · −2 in 4w·RWA has been ahead of Bitcoin for 23 weeks, and 8 of its 24 members beat the index by 5% or more over three months — as of 3 Aug 2026.
Lending
FADING · −1 in 4w·Lending has been ahead of Bitcoin for 11 weeks, and 9 of its 11 members beat the index by 5% or more over three months — as of 3 Aug 2026.
AI
FADING · −3 in 4w·AI has been ahead of Bitcoin for 12 weeks, and 35 of its 73 members beat the index by 5% or more over three months — as of 3 Aug 2026.
Oracle
FADING · −2 in 4w·Oracle has been ahead of Bitcoin for 11 weeks, and 1 of its 6 members beat the index by 5% or more over three months — as of 3 Aug 2026.
Liquid Staking
FADING · −3 in 4w·Liquid Staking has been ahead of Bitcoin for 11 weeks, and 5 of its 9 members beat the index by 5% or more over three months — as of 3 Aug 2026.
Layer 1
ASLEEP · 1y −4.1%⚠0 of 4 Layer 1 members grew trailing-twelve-month protocol revenue versus a year ago, and the theme trails Bitcoin by 4% over a year — as of 3 Aug 2026.
NFT
ASLEEP · 1y −1.3%·NFT trails Bitcoin by 1% over a year, and 2 of its 6 members beat the index by 5% or more over three months — as of 3 Aug 2026.
Gaming
ASLEEP · 1y −11.6%·Gaming trails Bitcoin by 12% over a year, and 11 of its 25 members beat the index by 5% or more over three months — as of 3 Aug 2026.
DePIN
ASLEEP · 1y −11.1%·DePIN trails Bitcoin by 11% over a year, and 7 of its 19 members beat the index by 5% or more over three months — as of 3 Aug 2026.
DeFi
ASLEEP · 1y +7.7%·DeFi trails Bitcoin by 8% over a year, and 19 of its 37 members beat the index by 5% or more over three months — as of 3 Aug 2026.
All 20 Crypto themes Ranked — Full Table
The same ranking as the cards above, as a table: theme name, where it sits in a breakout, how many members grew trailing-twelve-month protocol revenue versus a year ago, how many are beating Bitcoin, and the one-year gap. Confirmed moves first, then breakout stage and earnings confirmation, as of 3 Aug 2026.
| # | Theme | Stage | Members' protocol revenue up | Beating Bitcoin | vs index, 1y |
|---|---|---|---|---|---|
| 1 | Payments | BREAKING OUT | — | 7 of 12 | +29.6% |
| 2 | Layer 2 | BREAKING OUT | — | 13 of 25 | −2.0% |
| 3 | Interoperability/Bridges | BREAKING OUT | — | 4 of 10 | −7.4% |
| 4 | Infrastructure | BREAKING OUT | — | 5 of 7 | −5.0% |
| 5 | Meme | LEADER | — | 28 of 69 | +6.5% |
| 6 | Perps/Derivatives | LEADER | — | 3 of 6 | +55.8% |
| 7 | Exchange Tokens | TURNING | — | 12 of 21 | +13.7% |
| 8 | Wallets | BASING | — | 4 of 8 | +35.2% |
| 9 | Privacy | FADING | 2 of 3 | 8 of 24 | +53.2% |
| 10 | DEX | FADING | 2 of 6 | 11 of 33 | +1.2% |
| 11 | RWA | FADING | — | 8 of 24 | −11.6% |
| 12 | Lending | FADING | — | 9 of 11 | +22.2% |
| 13 | AI | FADING | — | 35 of 73 | +10.4% |
| 14 | Oracle | FADING | — | 1 of 6 | −8.6% |
| 15 | Liquid Staking | FADING | — | 5 of 9 | −1.3% |
| 16 | Layer 1 | ASLEEP | 0 of 4 | 17 of 60 | −4.1% |
| 17 | NFT | ASLEEP | — | 2 of 6 | −1.3% |
| 18 | Gaming | ASLEEP | — | 11 of 25 | −11.6% |
| 19 | DePIN | ASLEEP | — | 7 of 19 | −11.1% |
| 20 | DeFi | ASLEEP | — | 19 of 37 | +7.7% |
Questions people ask about the Crypto market
Which crypto coins are doing well today?
Payments is the strongest Crypto theme on this board: 7 of its 12 members are beating Bitcoin. It is 30% ahead of the index over 52 weeks. Layer 2 follows on 13 of 25. Individual coins are named on each theme page.
How many Crypto coins are beating Bitcoin?
209 of 485 Crypto coins are beating Bitcoin, across 20 themes. 10 of those themes are ahead of the index over 52 weeks. Every count on this board is a headcount — one company, one vote — and every theme is equal-weighted, so no single large member can carry one.
Is this investment advice?
No. Every figure here is a deterministic calculation from published market data and company filings, produced for research. Sector Alpha does not make recommendations and takes no view on buying or selling any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.
Sector Alpha describes what has happened in published market and filing data and explains the fundamentals behind it. It does not make recommendations, does not suggest buying or selling any security, and is not registered with SEBI as an investment adviser.