The report provides an overview
The report provides an overview of the development of the encryption industry in 2024 and trends in 2025. Despite the economic upturn and the Federal Reserve’s rate cuts, the crypto market still faces challenges from the German government, Mt Gox, and Tether. In 2024, the entry of institutional funds is formalized, providing easier access for institutional and retail investors.
As traditional financial giants such
As traditional financial giants such as JPMorgan and Goldman Sachs explore a wider range of product offerings, crypto is no longer viewed just as an investment asset but as a potential financial infrastructure. In the world of meme currency, their trading volume remains high, with Solana standing out for its strong market performance.
The trading infrastructure has evolved
The trading infrastructure has evolved to user-friendly platforms that provide low-cost, efficient trading environments, particularly on Solana. Avalanche’s BD strength in institutions and games also contributes to its strong year. Looking into 2025, Solana and Base are predicted to grow as valuable real estate for DEX.
Protocols like Hyperliquid and Uniswap
Protocols like Hyperliquid and Uniswap may move to owning their infrastructure to configure network characteristics beneficial to their applications. Prediction Markets may experience a decrease in trading volumes. RWA anticipates resistance in tokenized treasury bonds. Points are expected to remain central to protocols designed to guide user adoption, while yield trading protocols continue to grow driven by new yield farming opportunities.
The AI Coin Casino is
The AI Coin Casino is not just a speculative game, but a platform capable of attracting serious AI developers. Rather than competing with giants in training large-scale base models, decentralized networks may shift their focus to fine-tuning smaller specialized models designed for specific tasks. AI agents may prefer being on-chain, and AI agency KOLs will compete for attention on social media, outperforming static meme coins.
By 2025, we expect Energy
By 2025, we expect Energy DePIN to build supply-side infrastructure and generate demand-side sales, and the wireless space will solidify its position as a breakthrough use case in DePIN. The industry’s revenue is expected to achieve 8-digit to sub-9-digit figures. RTK networks will expand the supply side, covering high-value regions in the EU and North America.
In 2025, file storage DePIN
In 2025, file storage DePIN will generate revenue of $15-50 million. For consumer applications, airdrops will remain the primary method to attract players, and mobile applications will dominate the scene. Solana will continue to account for the largest share of Memecoin transaction activity, and Ordinals will continue to attract attention with potential catalysts and adoption in Asian markets.
For CeFi, as the bull
For CeFi, as the bull market continues and financing rates rise, Ethera’s supply will likely expand. Yielding stablecoins may not significantly impact Tether’s dominance. Tether’s assets may be managed by Howard Lutnick, which may change the United States’ hostile stance toward Tether. Coinbase and Kraken may offer incentives to onboard their L2 by 2025.
The new government may allow exchanges to be more lenient with asset listings.
Source
