Crypto funding rounds in June 2026 at lowest level since 2020

The crypto sector takes a significant hit in investment activity in June 2026. With only 61 registered funding rounds, the monthly total falls to its lowest level since November 2020, according to data from CryptoRank. This marks a sharp decline compared to recent years and raises questions about investor sentiment in the sector.

Sharp decline compared to May

Compared to May 2026, when 89 funding rounds took place, activity in June dropped by 31.5%. This accelerates the downward trend that has been visible for some time. The last time monthly activity was even lower was in November 2020, when only 49 rounds were announced.

For context, the monthly average over the entire period from December 2020 stands at 127 funding rounds. June 2026 sits a full 52% below that. And compared to the all-time record of 218 rounds in March 2022, the difference is even greater: a decline of 72%. In total, 8,531 funding rounds have been recorded since December 2020, indicating how active the market was in previous years.

What does this trend say about the market?

The chart clearly shows that the peak in the number of funding rounds is years behind us. After the record months in 2022, the number of rounds dropped sharply, with a temporary recovery towards 2024. Since then, however, activity has declined again. The low figures for June 2026 fit a broader trend of investors becoming more cautious.

This aligns with other signals from the market. For instance, social media activity around Bitcoin and Ethereum also fell to its lowest point since 2020, pointing to waning interest. Research also shows that DeFi and GameFi tokens are the most frequently delisted in the first half of 2026, a sign that many projects are finding it increasingly difficult to maintain a foothold. Whether June marks a low point or the market cools further remains to be seen.