2025-12-26 12:50:31

#比特币与黄金战争 The cryptocurrency market in 2025 is undergoing a deep adjustment. After reaching a new all-time high in total market capitalization, what we see is not a frenzy of a single coin but the diversification and institutionalization of the entire ecosystem.

Let's look at some data: the number of global crypto asset holders has reached 716 million. More interesting is the emerging markets—wallet usage in Argentina has increased 16-fold over three years. What does this indicate? It shows that this is no longer just a geek's game.

Institutions are no longer watching from the sidelines. Traditional financial giants like Citibank, JPMorgan Chase, and Visa, as well as payment tech companies like PayPal and Stripe, are now starting to push on-chain products. A key milestone in 2025: full institutional adoption.

Specifically, in several sectors: the supply of stablecoins has surpassed $300 billion, with an annual adjusted trading volume of $9 trillion—this scale already exceeds PayPal. More importantly, over 90% of on-chain payroll payments are made with stablecoins, which truly demonstrates the "payment tool" attribute.

DeFi is also doing well. The total value locked (TVL) broke through $150 billion by mid-year, a new high in three years. Cross-chain DeFi activity increased by 52% annually, and mobile user growth was 45%—users are genuinely using it, not just speculating.

But NFTs are a bit disappointing. From a market cap of $9.2 billion in January to $2.5 billion in December, a 72% decline. The floor prices of blue-chip projects have little support, and this sector is indeed cooling off in 2025.

From an investment perspective, community surveys show that nearly 60% expect to profit in 2025. The biggest gains come from Meme coins (34%), followed by mainstream coins (26%) and DeFi (16%). Those who lose money are mainly caught in two traps: holding on too long after being trapped or chasing rallies and missing out.

The most interesting phenomenon is that Bitcoin’s dominance rate has fallen below 40%. Is this short-term coin rotation, or an inevitable result of market maturity and diversification? What implications does this have for altcoin investment strategies? This is a question worth serious consideration.

BTC-1,09%

DEFI0,4%

MEME3,22%

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ApeWithNoChain

· 5h ago

NFT has dropped 72%, that's the real story; everything else is just illusions.

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LonelyAnchorman

· 5h ago

Stablecoin transaction volume exceeds 9 trillion, surpassing PayPal. This is the real application landing, not just hype. --- NFTs have dropped from 9.2 billion to 2.5 billion, which is really painful. If you didn't get in on this round, don't chase now. --- Bitcoin dominance has fallen below 40%. Are altcoins about to turn around? Or is this another round of retail investor harvesting? --- Meme coins make the most money? The market is really crazy; making money depends entirely on luck and mindset. --- Argentine wallet users have increased 16-fold, indicating that in inflationary countries, the demand for on-chain assets is the real need. --- Institutional adoption is a good thing, but it also means the retail investor bonus period is getting shorter and shorter. --- DeFi grew 52% annually. This data is truly convincing, unlike NFTs which are more虚虚实实. --- 60% of people are making money, so the story of the remaining 40% is the most worth listening to. --- After being trapped, selling at a loss and chasing gains or panic selling are the two pitfalls. When will we learn our lesson? --- Over 90% of on-chain salaries in stablecoins have been completed. What does this mean? It indicates that traditional payments are indeed being replaced.

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NestedFox

· 5h ago

I have been in the crypto world for over ten years, from Mt. Gox to now, I’ve seen all kinds of scenes. The most interesting thing in the past two years has really been institutional involvement—big players like Citigroup and JPMorgan lowering their stance to chase profits on the chain. Honestly, who would have thought of this back then? The stablecoin trading volume of 9 trillion surpassing PayPal—this data deserves some serious thought. It feels like the true payment revolution has just begun. But what I really want to complain about is—NFTs dropping from 9.2 billion to 2.5 billion, and this time, no one is stepping in to save the market. I still hold a few blue-chip NFTs, but I don’t even dare look at the floor prices anymore. Is the wealth creation myth from back then just gone like that? The phenomenon of Bitcoin dominance dropping below 40% is quite interesting. But on the other hand, I’m a bit confused—Meme coins make the most money? Isn’t that just gambling? How did it become the most profitable category? As for the Argentine wallet multiplying 16 times, I believe it. Countries with high inflation have no choice but to move onto the chain.

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MEVvictim

· 6h ago

Stablecoin transaction volume of 9 trillion surpasses PayPal, this is the real application landing, much more reliable than hype. The 72% drop in NFT... has been obvious for a while, even blue chips can't hold up. BTC dominance drops below 40%, altcoins really need to rethink their strategies. People making 34% from Meme coins are probably just gamblers, I really don't have that courage. Argentina's 16x growth, this really shows the problem—ordinary people truly need this. Cutting losses and missing out, two pitfalls, people keep jumping into them, including me... Institutional adoption is real, but genuine user growth is the true key. DeFi's 45% mobile growth, this data is interesting, we need to see what happens next. Over 90% of on-chain salaries are paid in stablecoins, this is the trend. Diversification is indeed the trend, but it also means it's harder to buy the dip.

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