Messari 190-page report on the 2025 crypto outlook. In summary, here are the areas and investment directions worth paying attention to in 2025 (filtered for brevity with Dog Pigeon Tongue, specific details can be read independently)

1. Meme coins and related ecosystems: With the help of high-performance chains and user-friendly platforms, meme coins remain an important entry point for retail investors.

2. Stablecoin payment scenarios and their supporting platforms: Particularly widespread applications in payments, remittances, and financial services in emerging markets.

3. DePIN field: Focus on sectors with real demand, such as energy (e.g., Glow, Daylight) and wireless communication (e.g., Helium).

4. AI x Crypto: Decentralized AI computing, AI agents, and innovative projects that combine on-chain economic models.

5. High-performance public chains and Layer 2: Solana, Base, and emerging high-performance chains (e.g., Monad) and scaling technologies (e.g., MegaETH).

6. Decentralized Finance (DeFi): Focus on real-world asset tokenization (RWA), MEV countermeasures, and derivatives protocols (e.g., Hyperliquid).

7. Consumer applications: Web3 games shifting from Play2Airdrop to Pay2Airdrop; NFT consumer chains (e.g., Abstract Chain) empowering digital IP.

8. Layer 1 and infrastructure: Supporting modular and high-performance infrastructure projects (e.g., Avalanche, Celestia).

9. Decentralized social and content (SocialFi & content distribution): AI-driven SocialFi and new content platforms may become new highlights for user growth.

10. Chain abstraction and cross-chain interoperability: Focus on protocols that improve user experience (e.g., Particle Network) and cross-chain technology.

11. Integration of traditional finance and crypto: Asset tokenization, payment technology innovation, and further positioning of financial institutions in the crypto ecosystem.