VanEck 發布 2025 年加密貨幣價格預測，預計物價將進一步看漲

美國資產管理公司 VanEck 發布了 2025 年加密貨幣價格的預測，預計明年價格走勢將進一步看漲。

U.S. asset manager VanEck has shared its predictions for cryptocurrency prices in 2025, largely driven by the halving and U.S. regulatory developments.

美國資產管理公司 VanEck 分享了 2025 年加密貨幣價格的預測，主要受到減半和美國監管發展的推動。

The firm's analysts expect the crypto market to reach a medium-term peak in the first quarter of 2025, with Bitcoin (BTC) and altcoins setting new all-time highs.

該公司分析師預計，加密貨幣市場將在 2025 年第一季達到中期峰值，比特幣 (BTC) 和山寨幣將創下歷史新高。

However, a market downturn is predicted later in the year, followed by a strong recovery.

然而，預計今年稍後市場將出現低迷，隨後將強勁復甦。

Here are some key highlights from VanEck's 2025 crypto predictions:

以下是 VanEck 2025 年加密貨幣預測的一些關鍵要點：

Crypto Market Peaking Early 2025

加密貨幣市場將於 2025 年初達到高峰

VanEck anticipates a strong bull market in the first quarter of 2025, fueled by the Bitcoin halving and altcoin rallies.

VanEck 預計，在比特幣減半和山寨幣反彈的推動下，2025 年第一季將出現強勁的牛市。

As a result, BTC is expected to reach $180,000 while Ethereum (ETH) could hit $6,200.

因此，BTC 預計將達到 18 萬美元，而以太幣 (ETH) 可能會達到 6,200 美元。

Among altcoins, Solana (SOL) and Sui (SUI) are predicted to experience significant gains.

在山寨幣中，Solana (SOL) 和 Sui (SUI) 預計將獲得顯著收益。

After peaking in spring, a 30% BTC retracement and deeper altcoin pullbacks (up to 60%) are expected by summer.

在春季達到高峰後，預計到夏季，比特幣將出現 30% 的回調，山寨幣將出現更深的回檔（高達 60%）。

However, the market is forecast to rebound, reaching new all-time highs in the fourth quarter.

然而，預計市場將反彈，並在第四季度創下歷史新高。

High funding rates, excessive unrealized profits, declining Bitcoin dominance, overvalued MVRV ratios and rising mainstream speculation are among the indicators that will signal a market top.

高融資利率、過多的未實現利潤、比特幣主導地位下降、MVRV 比率被高估以及主流投機行為上升等都是預示市場見頂的指標。

U.S. Positioning Itself In Bitcoin, Raising Crypto Adoption

美國在比特幣領域的定位，提高加密貨幣的採用率

The United States is expected to become a global leader in Bitcoin adoption, owing to pro-crypto policies and initiatives, such as crypto-friendly leadership, Bitcoin reserves, expanding Bitcoin mining and corporate Bitcoin holdings.

由於支持加密貨幣的政策和舉措，例如加密貨幣友善領導、比特幣儲備、擴大比特幣開採和企業比特幣持有量，美國預計將成為比特幣採用的全球領導者。

Moreover, the U.S. is likely to increase its share of global crypto developers from 19% to 25% by 2025.

此外，到 2025 年，美國在全球加密貨幣開發商中的份額可能會從 19% 增加到 25%。

Tokenized Securities Market To Expand

代幣化證券市場將擴大

According to VanEck's predictions, the tokenized securities market will grow to over $50 billion in 2025.

根據 VanEck 的預測，代幣化證券市場將在 2025 年成長至超過 500 億美元。

These securities aim to enhance efficiency, decentralization and transparency within the financial system.

這些證券旨在提高金融體系內的效率、權力下放和透明度。

Currently, about $12 billion in tokenized securities exist, with $9.5 billion in private credit securities on the Provenance blockchain.

目前，Provenance 區塊鏈上存在約 120 億美元的代幣化證券，其中有 95 億美元的私人信貸證券。

Stablecoins: The ‘Trojan Horse' To Further Adoption

穩定幣：進一步採用的“特洛伊木馬”

Stablecoins are anticipated to play a pivotal role in global commerce, with daily settlement volumes reaching $300 billion by the end of 2025.

預計穩定幣將在全球商業中發揮關鍵作用，到 2025 年底，每日結算量將達到 3,000 億美元。

This growth is expected to be driven by major player integration and expansion in remittances, essentially making stablecoins the “Trojan Horse” for blockchain adoption.

這一增長預計將受到主要參與者整合和匯款擴張的推動，從本質上使穩定幣成為區塊鏈採用的「特洛伊木馬」。

AI Agents To Surpass 1 Million Active On-Chain Agents

AI 智能體活躍鏈上智能體數量將突破 100 萬

Artificial intelligence (AI) agents are set to cross the 1 million mark in terms of active on-chain agents by 2025, revolutionizing industries such as decentralized finance (DeFi) and social media.

到 2025 年，人工智慧 (AI) 代理的活躍鏈上代理數量將突破 100 萬大關，從而徹底改變去中心化金融 (DeFi) 和社交媒體等行業。

These specialized bots autonomously optimize outcomes, ranging from yield maximization to boosting engagement, and platforms like Virtuals are enabling even non-technical users to create agents.

這些專門的機器人可以自主優化結果，從產量最大化到提高參與度，而像 Virtuals 這樣的平台甚至可以讓非技術用戶創建代理。

Bitcoin Layer-2 Solutions To Transform DeFi

比特幣 Layer-2 解決方案改變 DeFi

By 2025, Bitcoin Layer-2 solutions are expected to reach a total value locked (TVL) of 100,000 BTC, helping to address Bitcoin's scalability issues while enabling lower-latency transactions, higher throughput and smart contract functionality in DeFi.

到2025 年，比特幣Layer-2 解決方案預計將達到100,000 BTC 的總鎖定價值(TVL)，有助於解決比特幣的可擴展性問題，同時在DeFi 中實現更低延遲的交易、更高的吞吐量和智能合約功能。

Ethereum's Expanding Role As Settlement Layer For L2s

以太坊作為 L2 結算層的作用不斷擴大

Anticipate over $1 billion in fees being generated by Ethereum’s Blob Space in 2025, solidifying the blockchain’s role as the settlement layer for Layer-2 (L2) ecosystems.

預計到 2025 年，以太坊 Blob Space 將產生超過 10 億美元的費用，從而鞏固區塊鏈作為第 2 層 (L2) 生態系統結算層的作用。

This data layer will compress and process transaction histories, ensuring that Ethereum captures value from its L2 network and aids in scaling the blockchain.

該資料層將壓縮和處理交易歷史，確保以太坊從其 L2 網路中獲取價值並有助於擴展區塊鏈。