I think crypto is definitely "volatile" but so are biotech stocks and small to mid-cap tech stocks. Comparing crypto to to huge old-market company stocks is not really apples-to-apples.
Crypto's volatility reputation is more likely rooted in the insane ups and downs of memecoins and such... but the comparable there might be what was called off-exchange "pink sheet" stocks which also could go up 500% in a week and then lose 90% of their value the next week.
Yes fair point, one does have to watch what one compares these things too. Meme coins! I really hope they are not the theme of 2025.