#加密项目

Based on recent market dynamics and technological advancements, here is the trend analysis for the core cryptocurrency sector over the next year (August 2025 – August 2026):

### 🔄 1. **Market Cycles and Institutional Entrance**

- **Altcoin Recovery Imminent**: The altcoin market has stabilized after a 60% correction, with a technical structure similar to the 2020–2021 cycle, indicating that 2025–2026 will enter a “Mega Altseason,” with funds potentially rotating towards mid- and small-cap tokens.

- **Bitcoin Cycle Transformation**: The traditional 4-year rise and fall cycle is weakened by institutional entrance (such as ETF fund inflows) and improved regulation (such as the “GENIUS Act”), with 2026 possibly opening a “steady growth” model rather than extreme volatility. However, short-term technical indicators warn that BTC may face a 50% correction down to $60,000 (early 2026).

### ⚙️ 2. **Technological Innovation and Integration Trends**

- **AI + Crypto Explosion**: Decentralized AI models (like Bittensor), on-chain agents (like Fetch.ai), and computing power networks (like Render) have become the hottest tracks, with a market size exceeding $21 billion by 2025 and an annual growth rate of 28.9%. Applications focus on DeFi automation, compliance tools, and multi-agent DAO governance.

- **RWA (Real World Asset Tokenization) Scaling**: The US-dominated RWA market has seen financing surge by 230% this year, with a potential scale exceeding $10 trillion. The tokenization of US treasury bonds (Ondo Finance), private credit (Maple), and real estate is accelerating, with the compliant platform XBIT becoming a trading hub relying on ZKP technology.

- **Verticalization of Public Chains and Cross-Chain Integration**: General Layer2 is declining, while vertical chains (such as AI-customized chains and DeFi-specific chains) are rising; Cardano and others are advancing zero-knowledge proofs and cross-chain interoperability (bridging Ethereum/Solana), enhancing privacy and liquidity.

### ⚖️ 3. **Regulation and Compliance Double-Edged Sword**

- The US SEC has exempted certain RWA tokens from securities regulations, but XRP and others are still burdened by lawsuits, suppressing short-term gains.

- The EU’s MiCA 2.0 draft requires explainability for AI systems, while Singapore recognizes the legal status of on-chain agents, promoting compliance innovation.

### 💡 4. **Investment Strategy Recommendations**

- **Focus on Tracks**: AI Infrastructure ({}), RWA Leaders ({}), Vertical Public Chains (Cardano Ecosystem).

- **Avoid Risks**: RWA projects without real asset backing, general Layer2 tokens, and assets entangled in lawsuits (like XRP which needs to wait for the 2026 cycle low point).