According to BlockBeats, Delphi researcher Robbie Petersen released a forecast for the cryptocurrency market in 2025 on the X platform. As the MEV supply chain matures, exchanges and validators will face more competition, while the front end will maintain a monopoly. The total market value of the DePIN market will increase fivefold in 2025. The application of encrypted payment infrastructure in proxy transactions is limited, and traditional payment channels will continue. Stablecoins will become a real medium of exchange, and the number of monthly active stablecoin addresses will exceed 50 million in 2025. The boundary between wallets and applications becomes blurred, chain abstraction moves towards practical application at the wallet layer, and general L2s gradually become irrelevant.