Coinbase recently released its cryptocurrency market outlook, highlighting five areas worth paying attention to in 2025:
1. Stablecoins are just getting started
Stablecoins have become a killer application for cryptocurrencies, with a market value of $193 billion and a transaction volume of over $27 trillion, a three-fold increase year-on-year. It is expected that the market value may reach $3 trillion within five years, and the main application will shift from trading to global capital flows and business.
2. RWA tokenization is expected to achieve substantial growth
As of December 1, tokenized RWA increased to $13.5 billion, and it will develop rapidly in 2024, with applications expanding to private credit, commodities and other fields. Tokenized assets used as collateral can simplify transactions and reduce risks. In 2025, technological advances and investment accumulation will drive tokenization to become the core of the crypto market.
3. Crypto ETFs forever change the supply and demand dynamics of cryptocurrencies
After the success of the US spot Bitcoin ETF, institutional holders surged, driving the growth of stable demand in the crypto market. Other token ETFs may be approved in the future, but short-term demand is limited. If the SEC allows physical creation, redemption or pledge, it will increase the return rate of ETFs and attract more investors.
4. DeFi’s revival will drive it into a new era
DeFi has shown stronger resilience after the shock, with the TVL of lending protocols reaching a new high and the proportion of DEX trading volume reaching a high point. The optimization of US supervision and on-chain verification have promoted the entry of traditional institutions, paving the way for DeFi to expand its influence, and the future prospects are broad.
5. Regulation will eventually turn from a headwind to a tailwind
The United States is welcoming the most cryptocurrency-friendly regulatory environment, with bipartisan support in Congress for promoting a comprehensive regulatory framework, stablecoin legislation, and ending the era of law enforcement supervision. At the same time, G20 countries are accelerating the formulation of digital asset rules to create conditions for innovation and growth. This will help 2025 become a key breakthrough year for the crypto industry and lay the foundation for long-term development.
#比特币市场波动观察 #比特币战略储备 #圣诞行情分析 #萨尔瓦多将“加速”增持BTC #本周微策略是否继续增持BTC？