In 2025, the blockchain industry will see a dual explosion of technological iteration and scene implementation, with core dynamics focusing on high-performance upgrades, deepening compliance, and cross-field integration.
1. Technological breakthroughs: performance and integration drive both.
High-performance public chains have become a development hotspot. Sei Network, with sub-second finality of 400 milliseconds, EVM compatibility, and dual-turbine consensus, has achieved a TVL of over $1.1 billion. DeFi protocols like DragonSwap and the MCP AI agent functionality are driving ecosystem expansion, allowing users to perform on-chain operations through natural language. Ethereum's Pectra upgrade implements EIP-3074 transaction batching and EIP-7251 excess staking mechanisms, solidifying its position as the developer's preferred choice.
AI and blockchain are deeply coupled into a new track. The BNB Chain global AI hackathon has seen the emergence of projects like Stitch AI (decentralized knowledge hub) and Aster AI (financial analysis platform), storing AI data on the blockchain and enabling real-time on-chain analysis. Cross-chain interoperability upgrades are significant, with China leading two blockchain ISO international standard initiatives to standardize cross-chain data formats and interfaces; Cosmos IBC and Polkadot XCM achieve asset cross-chain within seconds in supply chain finance, while Ant Chain and the State Grid cooperate to reduce cross-border payment cycles from 3-5 days to 30 minutes. 2. Policy compliance: Stablecoins and institutional entry become focal points. Hong Kong's (Stablecoin Regulation) came into effect on August 1, allowing the issuance of offshore RMB CNH stablecoins, promoting their use as tools for cross-border trade. Companies like Duodian Smart are accelerating their layout in retail cross-border payment scenarios. Institutional capital continues to flow in, with the proportion of net purchases of crypto stocks by individual investors in South Korea rising from 8.5% in January to 31.4% in July. Fidelity Digital Assets points out that Ethereum has long-term value superior to Solana, but the Solana Firedancer upgrade may trigger short-term fluctuations.
Domestic policies focus on industry implementation. Beijing released the (Blockchain Innovation Application Development Action Plan) to promote the 'Chang'an Chain' in government affairs and healthcare, with 1,568 items of government data in Haidian District being reliably shared and approval efficiency improved by 60%. Guangxi and Shenzhen are exploring blockchain and ASEAN cross-border cooperation as well as supply chain finance pilots. 3. Scene implementation: Penetration from finance to the real economy accelerates. The Construction Bank's 'Chang'an Chain' supply chain finance platform serves 200,000 small and medium-sized enterprises, reducing accounts receivable confirmation time from 7-15 days to real-time and lowering financing costs by 30%. The Xiong'an New Area blockchain fund management platform binds 40 billion construction funds with construction progress, reducing corruption risk by 85%.
Web3 native applications are exploding, with dYdX achieving an average daily trading volume of $1 billion through StarkEx. Games like World of Dypians on Sei Network combine NFTs with real-time interaction, with Q1 activity increasing by 79%. In the data element field, WeBank's cross-institution AI platform collaborates with 12 financial institutions for modeling, improving risk control accuracy by 18%. Conflux and AnchorX have launched stablecoins to empower RWA asset cross-border circulation. 4. Security and trends: Risk defense and innovation direction. In the first half of the year, Web3 security losses reached $2.47 billion, with phishing attacks accounting for 38%. Defensive technology upgrades, zk-SNARKs are widely used in Layer2, and the penetration rate of hardware wallets has risen from 12% to 27%. CertiK's real-time monitoring tools can freeze stolen assets within 10 minutes, with a recovery rate of 35%.
Future development focuses on AI + blockchain (on-chain AI agents), quantum security (post-quantum algorithm pilots), and Web3 interaction optimization (natural language DApps); compliance needs to focus on 100% reserves for stablecoins, DeFi security audits, and cross-border multi-regulatory compatibility, seizing the dividends of high-performance public chains and compliant scenarios.
