当加密货币市场导航后转变

这种兴趣的激增到了市场的关键时刻。经过一年的易变交易，突然的模因硬币爆炸和彻底的监管大修

The crypto market is navigating a post-regulatory shift in 2025, and two categories of tokens have emerged as clear frontrunners: stablecoins and Layer 2 coins.

加密货币市场正在驾驶2025年的调节后变化，两类令牌已成为清晰的领先者：稳定的股c和第2层硬币。

Coming at a time when the market is displaying a decreased appetite for more volatile and hyped assets, these tokens are drawing investors' attention with their promise of real-world utility and long-term scalability.

在市场表现出对更多动荡和炒作资产的食欲下降的时候，这些代币正在引起投资者的关注，因为他们对现实世界实用程序的承诺和长期可扩展性的承诺。

This surge in interest comes at a critical time for the market. After a year of volatile trading, sudden meme coin explosions and sweeping regulatory overhauls, the appetite for more stable and structurally important crypto assets is growing rapidly.

这种兴趣的激增到了市场的关键时刻。经过一年的易变交易，突然的模因硬币爆炸和彻底的监管大修，对更稳定且结构上重要的加密资产的胃口正在迅速增长。

USD1 stablecoin backed by Trump-aligned venture makes quiet debut

USD1 STABLECOIN由特朗普一致的Venture支持

One of the most talked-about developments this month is the soft launch of USD1, a dollar-pegged stablecoin deployed on Ethereum and Binance Smart Chain by World Liberty Financial (WLFI) – a decentralised finance venture linked to US President Donald Trump.

本月最容易受到关注的事态发展之一是USD1的软推出，这是一个由世界自由金融（WLFI）部署在以太坊和binance Smart Chain上的一美元的Stablecoin（WLFI） - 与美国总统唐纳德·特朗普（Donald Trump）相关的分散财务风险。

The project has yet to issue a formal announcement, but former Binance CEO Changpeng Zhao drew attention to the token on social media, prompting WLFI’s official channel to acknowledge its presence.

该项目尚未发布正式宣布，但前Binance首席执行官Changpeng Zhao引起了社交媒体上的关注，促使WLFI的官方渠道承认其存在。

The token currently has over $3.5 million in supply, though WLFI has cautioned that USD1 is not yet tradable and warned the community to beware of scams. Its release coincides with speculation about the Trump family’s interest in acquiring a stake in Binance, which CZ has since denied.

该代币目前的供应量超过350万美元，尽管WLFI警告说，USD1尚不可交易，并警告社区要提防骗局。它的释放恰逢猜测特朗普家族有兴趣获得二手股权的股份，CZ此后否认了这一股份。

More importantly, USD1 enters the market just as the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act moves closer to a congressional vote.

更重要的是，当指导和建立国家创新为美国稳定者（Genius）法案的指导和建立国家创新时，USD1进入市场。

If passed, the bill would provide stablecoins with a clearer regulatory framework in the US, potentially positioning USD1 as a key player in the nation’s stablecoin landscape.

如果通过，该法案将在美国提供更清晰的监管框架，并将USD1定位为美国稳定景观中的关键参与者。

What are stablecoins and why are they so important?

什么是Stablecoins，为什么它们如此重要？

Stablecoins are digital assets that aim to maintain a steady value by pegging themselves to external references like the US dollar, euro, or gold. Unlike traditional cryptocurrencies such as Bitcoin or Ethereum, which are notorious for their volatility, stablecoins are designed for price stability – making them more practical for everyday transactions and less prone to speculative swings.

Stablecoins是数字资产，旨在通过将自己固定在诸如美元，欧元或黄金之类的外部参考文献上来保持稳定的价值。与传统的加密货币（例如比特币或以太坊）不同，这些加密货币以其波动性而臭名昭著，Stablecoins是为了价格稳定而设计的 - 使它们在日常交易中更为实用，并且更不容易投机。

There are several ways stablecoins can maintain their peg. Fiat-backed stablecoins like USD1 hold reserves of actual dollars in bank accounts, ensuring each token is redeemable for a fixed amount. Algorithmic stablecoins, on the other hand, use smart contracts to control supply and demand, while crypto-backed versions use over-collateralised reserves of other tokens to maintain stability.

Stablecoins可以通过多种方式保持钉子。像USD1这样的菲亚特支持的稳定股权持有银行帐户中实际美元的储量，以确保每个令牌都可以兑换为固定金额。另一方面，算法稳定剂使用智能合约来控制供求，而加密支持的版本则使用其他代币的过度包装储备来维持稳定性。

Stablecoins have become foundational to the crypto economy. They serve as on-chain cash, simplify trading and are widely used in decentralised finance (DeFi) platforms for lending, borrowing and yield farming. Their integration into traditional financial systems has been slower due to regulatory concerns, but legislation like the GENIUS Act may mark a turning point in stablecoin legitimacy and adoption.

稳定剂已成为加密经济的基础。它们用作链上现金，简化交易，并广泛用于分散的融资（DEFI）平台，用于贷款，借贷和产生耕作。由于监管问题的关注，它们整合到传统金融体系中的速度较慢，但​​是《天才法》这样的立法可能标志着Stablecoin合法性和采用的转折点。

Why Layer 2 coins are gaining traction in 2025

为什么第2层硬币在2025年获得牵引力

While stablecoins bring predictability to the crypto space, Layer 2 solutions offer network efficiency. As more decentralised applications flood the market, networks like Ethereum and Solana are increasingly burdened by congestion, high fees and slow transaction speeds.

尽管Stablecoins为加密空间带来可预测性，但第2层解决方案提供了网络效率。随着越来越多的分散应用的淹没市场，以太坊和索拉纳等网络越来越受到拥堵，高费用和慢速交易速度的负担。

This is where Layer 2 coins come in. These tokens power technologies that process transactions off the main blockchain, then batch and settle them on-chain, easing the load on the base layer. The result is faster speeds, reduced costs and a smoother user experience – all without compromising security.

这是第2层硬币进入的地方。这些代币功率技术可以处理主要区块链的交易，然后批次并在链上安装它们，从而减轻基础层上的负载。结果是更快的速度，降低成本和更顺畅的用户体验，而不会损害安全性。

Solaxy ($SOLX) is one such project. Built on Solana, Solaxy aims to tackle the network’s long-standing issues with transaction failures and network slowdowns during high-traffic periods. By processing transactions off-chain and finalising them on the mainnet, Solaxy keeps throughput high and fees low.

Solaxy（$ SOLX）就是这样一个项目。 Solaxy建立在Solana的基础上，旨在解决网络在高流量时期内交易失败和网络放缓的长期存在的问题。通过处理链链的交易并在主网上敲定它们，Solaxy可以使吞吐量保持高和低费用。

Solaxy’s roadmap includes cross-chain compatibility with Ethereum, automated monitoring for congestion risks and robust security architecture. Its presale has already gained strong traction and market watchers are anticipating a centralised exchange listing in the near future. However, as with any early-stage project, Solaxy still has a long way to go in proving it can deliver at scale.

Solaxy的路线图包括与以太坊的跨链兼容性，对拥塞风险的自动监控和强大的安全架构。它的预售已经获得了强烈的吸引力，市场观察家预计在不久的将来会有集中的交流清单。但是，与任何早期项目一样，Solaxy在证明它可以大规模交付还有很长的路要走。

Stablecoins vs. Layer 2 tokens: What should you watch?

Stablecoins vs.第2层令牌：您应该看什么？

Stablecoins and Layer 2 coins serve very different purposes in the blockchain ecosystem, but their popularity reflects the same underlying trend: investors are looking for assets with real utility, rather than hype-driven speculation.

Stablecoins和第2层硬币在区块链生态系统中的目的非常不同，但是它们的受欢迎程度反映了相同的潜在趋势：投资者正在寻找具有真正实用性的资产，而不是炒作驱动的猜测。

Stablecoins like USD1 provide a stable store of value and a gateway into DeFi, while Layer 2 projects like Solaxy and DeepNet are solving some of crypto’s biggest structural challenges.

像USD1这样的Stablecoins提供了稳定的价值存储和进入DEFI的门户，而Solaxy和Deepnet等第2层项目正在解决加密货币的一些最大结构挑战。

The former enables transactions and preserves purchasing power, while the latter unlocks scaling and new forms of decentralised computation.

前者可以实现交易并保留购买力，而后者则可以解锁缩放和新形式的分散计算。

Both are trending now because they represent the next logical step in blockchain adoption: one grounded in functionality, the other in future-proof infrastructure.

两者现在都流行起来，因为它们代表了区块链采用的下一个逻辑步骤：一个以功能为基础，另一个以未来的基础架构为基础。

Whether you’re a trader seeking predictable liquidity or a long-term

无论您是寻求可预测流动性还是长期的交易者