2024 年：比特幣減半和 Memecoin 重新定義了加密貨幣金融

隨著加密貨幣歷史上最好的一年即將結束，我們有必要回顧它的發展歷程以及 2025 年的發展。

2024 was a landmark year for crypto. Bitcoin led the show, surging past the much-awaited $100,000 mark in early December. But it wasn’t just about Bitcoin’s success. It was also about key infrastructural upgrades and cutting-edge innovations across Layer-2s, Real-World Assets (RWAs), and Crypto AI.

2024 年對於加密貨幣來說是具有里程碑意義的一年。比特幣領漲，在 12 月初飆升至期待已久的 10 萬美元大關。但這不僅僅是比特幣的成功。它還涉及 Layer-2、現實世界資產 (RWA) 和加密人工智慧的關鍵基礎設施升級和尖端創新。

Here's a quick recap of how 2024 unfolded in crypto.

以下是 2024 年加密貨幣領域的快速回顧。

Cruising Past $100K, Bitcoin Surges To All-Time High

比特幣突破 10 萬美元，飆升至歷史新高

2024 began with the U.S. Security and Exchange Commission (SEC) approving spot bitcoin ETFs from Blackrock, Fidelity, and other top institutions. This move marked a historic turning point for the crypto industry, paving the way for massive institutional inflows into bitcoin.

2024 年伊始，美國證券交易委員會 (SEC) 批准了貝萊德、富達和其他頂級機構的現貨比特幣 ETF。此舉標誌著加密產業的歷史性轉折，為機構大規模流入比特幣鋪平了道路。

As the year progressed, the fourth Bitcoin Halving occurred in April, setting the stage for the next phase of bitcoin's mining reward cycle. Options contracts went live on spot bitcoin ETFs, catalyzing mass adoption of the flagship digital asset.

隨著時間的推移，第四次比特幣減半發生在四月份，為比特幣挖礦獎勵週期的下一個階段奠定了基礎。選擇權合約在現貨比特幣 ETF 上上線，促進了這項旗艦數位資產的大規模採用。

American and Russian lawmakers proposed strategic bitcoin reserves, aiming to bolster their respective countries' long-term economic resilience. And then came the big milestone—bitcoin crossed the much-awaited $100,000 mark in early December.

美國和俄羅斯立法者提議建立比特幣戰略儲備，旨在增強各自國家的長期經濟彈性。然後是一個重要的里程碑——比特幣在 12 月初突破了 10 萬美元期待已久的大關。

Institutions Responded Overwhelmingly To Bitcoin ETFs

機構對比特幣 ETF 反應熱烈

Bitcoin ETFs reached a market cap of over $132 billion, with more than $10 billion inflows since Donald Trump won the American presidential election. Both retail and institutional interest led to holistic industry growth in scan 2024, driving new use cases and solving for real-world problems.

比特幣 ETF 的市值已超過 1,320 億美元，自唐納德·川普贏得美國總統大選以來，已有超過 100 億美元的資金流入。零售和機構的興趣導致了 scan 2024 的整體產業成長，推動了新的用例並解決了現實世界的問題。

"The approval of bitcoin ETFs has legitimized the asset class as an institutional grade investment. Besides the incoming liquidity and positive price activity, bitcoin ETFs have increased BTC's popularity. It's not surprising that Bitcoin DeFi has attracted more than $3 billion in TVL, despite its nascency," said Ryan Chow, co-founder and CEO of Solv Protocol.

「比特幣ETF 的批准使該資產類別作為機構級投資合法化。除了流入的流動性和積極的價格活動之外，比特幣ETF 還提高了BTC 的受歡迎程度。毫不奇怪，比特幣DeFi 吸引了超過30 億美元的TVL，儘管其Solv Protocol 聯合創始人兼首席執行官 Ryan Chow 表示。

Layer-2s, Rwas, Crypto AI Drove Infrastructure Development

Layer-2、Rwas、加密 AI 推動基礎建設發展

Alongside bitcoin, AI emerged as a leading narrative, dominating crypto mindshare with an all-time high of 48 percent by November. Currently, the crypto-AI sector has a market cap of over $34 billion with a strong growth potential.

與比特幣一起，人工智慧成為主導話題，在 11 月以 48% 的歷史新高佔據加密貨幣市場的主導地位。目前，加密人工智慧產業市值超過340億美元，具有強勁的成長潛力。

"AI's biggest challenges revolve around trust, transparency, and accountability. But by utilizing blockchain—in particular, zero knowledge proofs—we can ensure verifiable data, fair contributor compensation, and a trustless builder ecosystem, which in turn creates scalable innovation in a more trusted environment," explained Tiancheng Xie, co-founder and CTO of Polyhedra Network.

「人工智慧最大的挑戰圍繞著信任、透明度和問責制。但是透過利用區塊鏈——特別是零知識證明——我們可以確保可驗證的數據、公平的貢獻者補償和不信任的建構者生態系統，這反過來又以更廣泛的方式創造可擴展的創新。

According to a16z's Builder Energy dashboard as well, crypto developers are heavily focusing on AI with over 34 percent of projects using AI in 2024. The dashboard also shows building blockchain infrastructure is the second most popular category this year with over 19 percent builder activity.

根據a16z 的Builder Energy 儀表板，加密貨幣開發人員將專注於人工智慧，到2024 年，超過34% 的項目將使用人工智慧。的類別，超過19% 的建構者活動。

Solana, Near, Base Topped Builder Interest, Memecoins Surged Past $130B

Solana、Near、Base 建造者興趣最高，Memecoins 飆升至 $130B

In September 2024, a record-breaking 220 million wallet addresses interacted with a blockchain at least once, the highest ever in crypto’s history. On average, there are 30-60 million monthly active crypto users currently, or around 5-10 percent of the 617 million global crypto owners.

2024 年 9 月，破紀錄的 2.2 億個錢包位址與區塊鏈至少進行了一次交互，這是加密貨幣史上最高的一次。目前平均每月有 3000-6000 萬活躍加密貨幣用戶，約佔全球 6.17 億加密貨幣所有者的 5-10%。

The surge in on-chain interactions has been primarily driven by Solana, NEAR, and Base. Interestingly, Solana and Base also lead the list of chains in builder interest. Meanwhile Base, with a 10.7 percent builder interest, has some of the most popular memecoin projects like Brett and Goose.run driving user adoption.

鏈上互動的激增主要是由 Solana、NEAR 和 Base 推動的。有趣的是，Solana 和 Base 也在建築商興趣鏈列表中名列前茅。同時，Base 擁有 10.7% 的開發者興趣，擁有一些最受歡迎的 memecoin 項目，例如 Brett 和 Goose.run，推動了用戶採用。

Memecoins are now a $130 billion industry, despite all the controversies surrounding this asset class. Many analysts consider the sudden rise of memecoins in 2024 as a speculative fad and aberration, with others considering it the epitome of digital culture and successfully leveraging speculation as a use case. As Riva Tez of LayerZero Labs said at Consensys 2024, memes have helped crypto win the "narrative war".

儘管圍繞著這一資產類別存在諸多爭議，Memecoin 目前已成為價值 1,300 億美元的產業。許多分析師認為 memecoin 在 2024 年的突然崛起是一種投機時尚和失常，而其他人則認為它是數位文化的縮影，並成功地將投機作為一種用例。正如 LayerZero Labs 的 Riva Tez 在 Consensys 2024 上所說，迷因幫助加密貨幣贏得了「敘事戰爭」。

"Memecoins capture the spirit of the internet—playful, inclusive, and dynamic. But their communities also provide a rare sense of belonging in a day and age where loneliness is an epidemic in modern society. Brett for me stands out as a beacon of connection—uniting people through humor, vibrant communities, and shared experiences. It has become a movement that transforms digital engagement into joy, purpose, and inclusivity, all while driving real-world impact through its inspiring charitable initiatives in water and education," said Momin Saqib, Brett ambassador.

「Memecoin 捕捉了網路的精神——有趣、包容和動態。但在現代社會孤獨盛行的時代，它們的社區也提供了一種罕見的歸屬感。對我來說，布雷特是聯繫的燈塔。 — —透過幽默、充滿活力的社區和共享體驗將人們團結起來，它已成為一場將數位參與轉化為快樂、目標和包容性的運動，同時透過其在水和教育方面鼓舞人心的慈善舉措推動現實世界的影響。

Institutions, Retail Investors Drove Narrative Shifts, Countering VC Dominance

機構和散戶推動敘事轉變，對抗創投的主導地位

Besides community formation, Ryan, a core contributor of Goose.run, explained how memecoins create novel

除了社群形成之外，Goose.run 的核心貢獻者 Ryan 還解釋了迷因幣如何創造小說