Why Utility Assets are Standing Tall After the October Market Shock

The cryptocurrency market went through a massive change on October 10, 2025. This event changed the way everyone looks at digital assets. In just a few hours, over $19 billion was wiped out as people using borrowed money to trade were forced to sell their positions. 

By February 2026, the effects are still being felt. Bitcoin is currently down about 50% from its peak of $126,000 and is struggling to stay above $63,000. Other popular coins like Ethereum and Cardano have been hit even harder, with their prices dropping by 60% to 70%. 

While most of the market seems to be crashing every week without finding a bottom, a few assets like WhiteBIT Coin (WBT) and Hyperliquid (HYPE) are showing surprising strength.

The Problem with Leverage 

The October crash happened because too many traders were using high leverage. When prices started to dip, these traders were forced to sell automatically to pay back what they borrowed. This created a chain reaction where one sale triggered another, causing prices to fall much faster than usual.

Most coins have not been able to recover because they don’t have enough real-world use to keep people buying. However, WhiteBIT Coin (WBT) has managed to find a solid floor. While other coins keep falling, WBT has stayed steady around $47. 

It has a strong support level at $46 where buyers consistently step in. This is because WBT is not just a speculative token. It is a main part of the Whitechain network, where it is used every day for transaction fees and other real services.

Institutional Trust and Global Standards

One of the main reasons WBT is doing so well is its connection to global financial standards. In late 2025, WBT was added to five different S&P Dow Jones Cryptocurrency Indices. This was a big deal because the S&P only includes coins that meet very strict rules for transparency and how easy they are to trade.

Being part of these indices means that big investment funds now see WBT as a high-quality asset. When the rest of the market is panicking, these institutional players often look for coins that have this kind of “stamp of approval.” This trust helps keep the price stable even when Bitcoin is volatile. 

For many investors, WBT has become a safer choice because it follows the same professional rules as traditional financial products.

A Shift Toward Real Use

The market in 2026 is teaching us a clear lesson. Coins that exist only for hype are failing to find a bottom. But coins that provide the “plumbing” for the digital economy are holding their value.

Because WhiteBIT Coin is used for things like fee discounts and network gas, it has a built-in demand. People need the coin to use the exchange and the blockchain, so they keep buying it regardless of what Bitcoin does. This direct utility is why WBT often moves in a “staircase” pattern, going up and then staying flat, rather than the wild up-and-down swings of most other tokens.

What’s Ahead

As we move forward, the “flight to quality” is becoming the main story of the market. The October crash showed that size and fame are not enough to protect a coin from falling. Instead, investors are looking for assets that are transparent and useful.

Whether it is through its inclusion in S&P indices or its role in the Whitechain ecosystem, WBT is proving to be one of the leaders of this new phase. While 90% of altcoins are still searching for a bottom, the strength shown by utility-driven assets suggests that the future of the market belongs to coins that actually do something.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

Featured image via WhiteBIT.