**DeFi and Market Resilience**
- Total Value Locked (TVL): DeFi TVL rebounded to $112 billion, led by AAVE and Uniswap .
- Stablecoins: Market cap hit $251.55 billion, with USDT and USDC dominating .
- Hack Losses: $2.2–$2.5 billion lost in H1 2025, including a $1.5B Bybit breach .
**Outlook for 2025**
- Bitcoin: Potential to reach $180,000–$200,000 by year-end if ETF inflows and Fed rate cuts materialize .
- Ethereum: Targets **$5,000–$6,000**, supported by institutional demand .
- Total Crypto Market Cap: Could hit $4–5 trillion with altcoin ETF approvals and institutional participation .
