According to the comprehensive forecast and analysis of the cryptocurrency market in 2025, the main trends can be summarized as follows:

1. Mainstream currencies continue to consolidate their positions: Bitcoin (BTC), as 'digital gold,' is expected to surpass $100,000 and may be included in national strategic reserves (such as G7 or BRICS). Ethereum (ETH), leveraging its leadership in smart contracts and expanding ETF staking functionality, is expected to break $6,000, while Solana (SOL), Ripple (XRP), and others will also see significant growth due to technological innovation and ecosystem expansion.

2. Regulation and policy drive the market: The U.S. may implement a Bitcoin strategic reserve policy and further relax cryptocurrency ETF regulations (such as the Solana ETF) and stablecoin oversight, promoting the inflow of institutional funds. Meanwhile, the global regulatory framework is gradually becoming clearer, which may accelerate the development of sovereign digital currencies to replace stablecoins.

3. DeFi and Layer 2 explosion: Bitcoin Layer 2 solutions (such as Stacks) will drive rapid growth in the DeFi ecosystem, with TVL potentially exceeding 100,000 BTC; Ethereum's Layer 2 technology (such as ZK Rollups) and DEX trading volume (expected to be $4 trillion) will also dominate the market.

4. Expansion of stablecoins and on-chain assets: Daily settlement volume of stablecoins could reach $300 billion, with market capitalization doubling to $400 billion; the scale of tokenized on-chain assets (RWAs) such as government bonds and corporate stocks will grow significantly, accounting for 30% of DeFi TVL.

5. Diversification of application scenarios: AI agents, on-chain games, and social applications are accelerating in popularity, as users shift from 'holding' to 'using.' At the same time, consumer-oriented blockchain and Web3 simplified designs will promote mainstream adoption, with the number of on-chain users expected to exceed 800 million.

In summary, the cryptocurrency market in 2025 will present multi-dimensional breakthroughs in technology, regulation, and applications, but caution is needed regarding potential risks such as market cyclical fluctuations and stablecoin decoupling.