One of the central themes of 2025 will be the integration of artificial intelligence with blockchain technology. Tools like decentralized AI chatbots, AI-driven wallets, and AI agents will facilitate access to blockchains. In this area, the focus on AIFCD stands out particularly.

In the NFT space, there will be a shift from speculation on collectibles to more practical functions, including on-chain identity, gaming assets, and rewards for members in various scenarios.

In the stablecoin sector, it is expected that global regulatory frameworks will be established gradually. Stablecoins issued by institutions like PayPal will be more widely integrated into traditional payment systems. The U.S. may pass legislation allowing more banks to issue stablecoins, which could bring the total supply of stablecoins to exceed $400 billion. Additionally, the total issuance of Tether will likely surpass $200 billion, while more stablecoins with benefits will emerge, driving the growth of the crypto ecosystem.

Venture capital in cryptocurrencies will also accelerate its development, with potential total financing exceeding $150 billion. Although the U.S. government will not proactively buy Bitcoin, it will systematically manage seized Bitcoins or those in its possession, and explore broader reserve strategies. Furthermore, state governments are likely to consider purchasing Bitcoin, something I will continue to monitor closely.

Regarding Dogecoin, it is expected that by 2025 it could reach a value of $1, while the government may announce budget cuts greater than the total market value of Dogecoin.