Crypto Trends in October 2025: Regulations, Airdrops, and Low-Liquidity Tokens

When you look at what happened in crypto regulations 2025, the shifting legal landscape for digital assets across U.S. states and federal policy, it’s clear things got real fast. New York’s BitLicense kept traders on edge, Wyoming quietly became the go-to for crypto-friendly banking, and a new federal law started quietly reshaping how exchanges report transactions. This wasn’t theory—it was impact. People lost money because they didn’t know the rules. Others made moves because they did.

low liquidity crypto, tokens with little trading volume and high risk of price manipulation popped up everywhere in October. XSwap Treasure (XTT) looked like a project on paper, but the numbers told a different story: zero circulation, no real use, and no one trading it. Same with Acid Toad (TOAD) and Ski Mask Cat (SKICAT)—meme coins with big social media hype but tiny wallets behind them. These aren’t investments. They’re gambling with fake odds. Meanwhile, airdrop scams, fake token distributions designed to steal user data or funds kept showing up. Rainmaker Games never did a RAIN airdrop—it sold tokens outright. TopGoal’s third NFT event? Still unconfirmed. People were chasing ghosts.

But it wasn’t all bad news. blockchain interoperability, how different blockchains communicate and share data securely took a step forward with Polkadot’s XCM and modular chain designs. That’s the quiet revolution. While traders chased meme coins, builders were fixing the foundation. You saw it in Apertum DEX’s fast trades on Avalanche, Kayen’s fan token trading on Chiliz Chain, and how stDYDX let people earn rewards without locking up their assets. Even Venezuela and Afghanistan showed how crypto isn’t about speculation—it’s about survival when banks fail.

And then there were the exchanges. BitGlobal? Dead. CoinField? Withdrawal nightmares. Coingi? Security holes everywhere. SpectroCoin Pro and Kayen got real reviews—not fluff. These weren’t just opinions. They were warnings backed by user reports and transaction logs. If you’re trading, you need to know which platforms are still alive and which are just digital tombstones.

What you’ll find here isn’t a list of headlines. It’s a map. Of the scams that tricked people. Of the laws that changed lives. Of the tech that’s quietly building the next web. No fluff. No hype. Just what happened—and what you need to know before you click, trade, or invest next.