CryptoRank: Public Token Sales Hit Four-Year Low, With Just $40M Raised in Q2 2026

Public token sales fell to their lowest quarterly level in four years in the second quarter of 2026, underscoring a sharp slowdown in crypto fundraising activity, according to CryptoRank.

The market recorded 47 ICOs, IDOs, and IEOs during the quarter, raising a combined $40 million. The figures represent the weakest quarterly performance over the past four years.

The downturn was also evident compared with the previous market cycle peak. CryptoRank said total capital raised through public token sales plunged 95.3%, while the number of fundraising events declined 90.5%, reflecting a broad contraction in public token issuance.

Source: CryptoRank