Wu said that Galaxy Research released its forecast for the cryptocurrency market in 2025: Bitcoin is expected to break $150,000 in the first half of 2025, and may reach or exceed $185,000 in the fourth quarter; benefiting from regulatory easing in the DeFi and staking sectors, Ethereum will break $5,500 in 2025; the staking ratio of Ethereum is expected to exceed 50% by the end of 2025; it is anticipated that in 2025, a large number of leading Bitcoin miners will collaborate with high-performance computing (HPC) and AI companies to drive the transformation of mining infrastructure; at least one top wealth management platform will announce a recommendation for a 2% or higher allocation of Bitcoin in portfolios, further boosting the inflow of funds into Bitcoin ETPs; DeFi applications are expected to start distributing at least $1 billion in value to users and token holders; in 2025, venture capital in the cryptocurrency industry will exceed $150 billion, with a year-on-year growth of over 50%; by 2025, the supply of stablecoins is expected to double, and more stablecoin projects supported by traditional financial (TradFi) partners will be launched.

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