According to BlockBeats, Delphi researcher Robbie Petersen released a cryptocurrency market forecast for 2025 on the X platform. As the MEV supply chain matures, exchanges and validators will face more competition, while the front-end will maintain its monopoly. The total market capitalization of the DePIN market will grow fivefold by 2025. The application of cryptocurrency payment infrastructure in proxy trading is limited, and traditional payment channels will continue to persist. Stablecoins will become a true medium of exchange, with the number of active stablecoin addresses exceeding 50 million by 2025. The boundaries between wallets and applications are becoming blurred, chain abstraction is moving towards practical applications at the wallet layer, and generic L2s are gradually becoming irrelevant.