Cryptocards are going mainstream: the number of transactions has skyrocketed 2.7 times
The crypto card market is undergoing a qualitative transformation: data from 16 payment products over 76 weeks (from January 2025 to June 2026) shows that they have ceased to be a tool for speculators and have evolved into a full-fledged infrastructure for everyday payments. An analysis of a sample including cards such as RedotPay, Cypher, EtherFi Cash, and GnosisPay has revealed three key trends that are fundamentally changing the perception of this segment.
Growth in Activity Independent of the Market
The first and perhaps most important finding is that the number of transactions on crypto cards has increased by 2.7 times. At the same time, the correlation with the Bitcoin (BTC) price turned out to be zero. This means that users spend cryptocurrency daily, regardless of the market cycle phase. Neither a rising nor a falling market affects the frequency of card usage — people are simply making purchases.
A New Behavior Pattern: Regular Micro-Top-Ups
The second significant signal is a change in the top-up structure. The median deposit has stabilized in the range of $90–135, and after a winter peak of around $165, it has returned to approximately $100. Users no longer keep large sums on their cards. Instead, they top up their balance frequently and just enough to cover current expenses. This is classic behavior for a payment instrument, not an investment account.
However, behind this lies another factor — holder caution. The risks of account freezes or loss of license by the issuing company force users to deposit small amounts for specific payments. This points to a persistent trust barrier in the industry.
Mass Audience Displaces Whales
The third finding is the normalization of the customer base. The ratio of the average deposit to the median has decreased from approximately 6 to 4. This indicates that the influence of individual large players is weakening, and the user structure is becoming broader and more homogeneous. The product is transitioning from the early adopter stage to the mass segment.
My analysis: Crypto cards have passed the point of no return. Zero correlation with BTC and the shift to regular micro-top-ups are signs of a mature payment market. However, the industry's weak point remains the same: licensing issues and the reliability of issuers still hold back full user trust. Once this barrier is overcome, we will see explosive growth in volumes.