Coinbase recently released a cryptocurrency market outlook, highlighting five areas to watch in 2025. First, stablecoins are in their infancy stage and are expected to reach a market value of $3 trillion in the next five years, primarily used for global capital flow and commerce. Second, RWA tokenization is expected to grow significantly, simplifying financial transactions and reducing risk. Third, crypto ETFs are changing supply and demand dynamics, with participation from institutional investors providing stable demand for the market. Fourth, the DeFi renaissance is driving its entry into a new era, with potential increased participation from traditional institutional investors. Finally, improvements in the regulatory environment will bolster the cryptocurrency market.