Regarding the DeFi (Decentralized Finance) sector, it was a strong driving force in the last bull market. After experiencing intense competition within the industry and a phase of explosive growth, the sector has been quiet for three years. During this time, the market underwent a reshuffle, and those projects with real strength emerged. Looking ahead to the upcoming 2025, with the U.S. government's clear openness towards cryptocurrency policies, especially with the passage of the FIT211 bill, the DeFi sector is expected to welcome a significant turnaround, transitioning from a supporting role to a leading role. Major institutions are actively positioning themselves in DeFi, covering areas such as stablecoins, lending, RWA (Real World Assets), and DEX (Decentralized Exchanges), all of which are highly promising tracks. For example, top capital institutions like BlackRock have entered the DeFi space by investing in projects like CRV and are expanding their focus on stablecoin and RWA business, further highlighting the strong interest and ambitions of mainstream capital in the DeFi sector. For investors, when feeling lost among many choices, focusing on leading projects in the DeFi sector might be a wise choice. Projects such as UNI, AAVE, CRV, FXS, ENA, and APT all have industry-leading positions and strong competitiveness, making them worthy of investors' attention.