Odaily Planet Daily News Delphi researcher Robbie Petersen released a cryptocurrency market forecast for 2025 on the X platform, with the following key points: As the MEV supply chain matures, roles such as exchanges and validators will face more competition, while the front end will maintain its monopoly position; The total market value of the DePIN market will grow fivefold by 2025; The application of cryptocurrency payment infrastructure in proxy trading is limited, and traditional payment channels will continue to prevail in 2025; Stablecoins will no longer merely serve as the lubricant for DeFi but will become a true medium of exchange; The number of active stablecoin addresses per month will exceed 50 million in 2025, with the stablecoin market experiencing multifaceted heating; The boundaries between wallets and applications have become blurred; Chain abstraction in the wallet layer is gradually becoming irrelevant as practical applications of general L2s emerge.