2024年全球Web3区块链生态系统回顾及2025年展望

在加密行业的发展史上，2024年留下了浓墨重彩的一笔。这一年，我们见证了区块链技术的不断突破

2024 was a pivotal year in the evolution of the cryptocurrency industry. Several significant events throughout the year had a profound impact on the market and set the stage for future developments.

2024 年是加密货币行业发展的关键一年。全年发生的几起重大事件对市场产生了深远影响，为未来发展奠定了基础。

In January, the U.S. Securities and Exchange Commission (SEC) made a historic decision by approving the listing of the first batch of Bitcoin spot exchange-traded funds (ETFs). This marked a turning point in Bitcoin's journey towards the mainstream investment market and highlighted the SEC's shift away from its long-standing tough stance on cryptocurrencies. This decision set the tone for the entire year's developments in the cryptocurrency ecosystem.

今年1月，美国证券交易委员会（SEC）做出历史性决定，批准首批比特币现货交易所交易基金（ETF）上市。这标志着比特币走向主流投资市场之旅的转折点，并凸显了美国证券交易委员会(SEC)对其长期以来对加密货币的强硬立场的转变。这一决定为全年加密货币生态的发展定下了基调。

Continuing the momentum, the Ethereum spot ETF was officially approved by the SEC six months later. This indicated a gradual shift towards a more open regulatory approach in the cryptocurrency domain. On a global scale, the Hong Kong Securities and Futures Commission (SFC) announced in April that it had approved the issuance of Asia's first spot Bitcoin and Ethereum ETFs, further solidifying Hong Kong's status as an international financial hub.

以太坊现货 ETF 继续保持这一势头，六个月后获得 SEC 正式批准。这表明加密货币领域正在逐步转向更加开放的监管方式。在全球范围内，香港证券及期货事务监察委员会（证监会）4月宣布批准发行亚洲首只现货比特币和以太坊ETF，进一步巩固香港作为国际金融中心的地位。

Bitcoin experienced its fourth halving in history, also during April. Unlike previous halvings, the market was not particularly optimistic in the lead-up to this event. Some even predicted that the halving could introduce downside risks. However, post-halving, Bitcoin did not experience a sharp decline as anticipated. Instead, it quickly rebounded following a period of volatility. This demonstrated that the market still held a strong preference for Bitcoin's long-term potential, with an increasing number of investors viewing it as digital gold and a safe-haven asset.

比特币也经历了历史上第四次减半，也是在四月份。与之前的减半不同，市场在这次减半之前并不是特别乐观。一些人甚至预测减半可能会带来下行风险。然而，减半后，比特币并没有像预期那样出现大幅下跌。相反，它在经历了一段时间的波动后迅速反弹。这表明市场仍然对比特币的长期潜力抱有强烈偏好，越来越多的投资者将其视为数字黄金和避险资产。

Throughout 2024, the price of Bitcoin experienced several large-scale fluctuations, often influenced by the actions of various governments. In July, the German government sold all of its Bitcoin holdings, missing out on more than $2 billion in potential profits. This sparked discussions within the market about digital currency management and strategies. Later in August, monetary policy changes by the Bank of Japan caused widespread market turbulence, leading to circuit breakers being triggered in the Japanese and Korean stock markets. Investors pulled out of the stock market to avoid risks, causing Bitcoin and other digital assets to experience drastic price movements. Finally, in September, the Federal Reserve began a rate-cutting cycle, marking the commencement of a shift in the global market. These events showcased the increasing correlation between cryptocurrencies and the global macroeconomy.

整个 2024 年，比特币的价格经历了几次大规模波动，通常受到各国政府行为的影响。 7 月份，德国政府出售了其持有的全部比特币，错失了超过 20 亿美元的潜在利润。这引发了市场内部关于数字货币管理和策略的讨论。 8月下旬，日本央行货币政策变化引发市场大范围震荡，导致日韩股市熔断。投资者为了规避风险纷纷退出股市，导致比特币等数字资产价格出现剧烈波动。最后，美联储在9月份开始了降息周期，标志着全球市场转变的开始。这些事件表明加密货币与全球宏观经济之间的相关性日益增强。

Trump remained a central topic of discussion in 2024. At the Bitcoin 2024 conference held in July, Trump pledged to include Bitcoin in the U.S. strategic reserve if he were to be re-elected as president. In November, Trump emerged victorious in the election, becoming the first U.S. president in history to openly support cryptocurrency. His re-election brought substantial benefits to the crypto industry. Driven by his political influence, the price of Bitcoin continued to soar. On December 5, Bitcoin breached the $100,000 mark for the first time, setting a new record high. This historic achievement not only highlighted Bitcoin's status as digital gold but also demonstrated how cryptocurrency, as a new asset class, was gradually transforming the global financial landscape. Despite the current correction in the Bitcoin price, Trump and the new SEC chairman are preparing to take office and may swiftly introduce crypto-friendly measures. The market anticipates that the Federal Reserve will reduce interest rates twice between February and May of next year, at which point the market may experience a staged peak. With policies becoming clearer and the market maturing, Bitcoin's future prospects are promising, and more investors and institutions are expected to join this investment wave. Ultimately, the potential of the cryptocurrency market is being fully realized.

特朗普仍然是 2024 年讨论的中心话题。在 7 月举行的比特币 2024 会议上，特朗普承诺，如果他再次当选总统，将把比特币纳入美国战略储备。 11 月，特朗普在选举中获胜，成为历史上第一位公开支持加密货币的美国总统。他的连任给加密行业带来了实实在在的好处。在他的政治影响力推动下，比特币价格持续飙升。 12月5日，比特币首次突破10万美元大关，创下历史新高。这一历史性成就不仅凸显了比特币作为数字黄金的地位，也展示了加密货币作为一种新的资产类别正在逐步改变全球金融格局。尽管目前比特币价格出现调整，但特朗普和新任 SEC 主席正准备上任，并可能迅速推出加密货币友好措施。市场预计美联储将在明年2月至5月期间两次降息，届时市场可能会出现阶段性见顶。随着政策的日趋明朗和市场的成熟，比特币的未来前景被看好，预计会有更多的投资者和机构加入到这一投资浪潮中。最终，加密货币市场的潜力正在得到充分发挥。

Huobi HTX noted that 2024 was a crucial year for crypto assets to truly enter the mainstream. With the gradual recovery of the global economy and the relaxation of crypto regulatory policies, the integration of traditional finance and digital asset markets became closer. This marked the increasing maturity of the crypto industry, and more institutions began to recognize and invest in this sector. Against this backdrop, Bitcoin's nearly 140% increase this year was certainly not a coincidence. Such growth ignited the enthusiasm of global investors, provided a strong impetus for boosting the crypto market, and brought about unprecedented opportunities.

火币HTX指出，2024年是加密资产真正进入主流的关键一年。随着全球经济的逐步复苏和加密货币监管政策的放松，传统金融与数字资产市场的融合变得更加紧密。这标志着加密行业日趋成熟，更多机构开始认可并投资该领域。在此背景下，比特币今年近140%的涨幅当然不是巧合。这种增长点燃了全球投资者的热情，为加密货币市场的繁荣提供了强劲动力，带来了前所未有的机遇。

Looking ahead to 2025, the report anticipates that blockchain technology innovation will usher in a new round of爆発 as the global regulatory environment matures. The rapid development of various infrastructures and innovative applications signifies that the crypto industry will encounter broader development opportunities. The next few years will be a critical period for the crypto industry to accelerate development, continuously iterate technology, and widely普及 innovation.

展望2025年，报告预计，随着全球监管环境的成熟，区块链技术创新将迎来新一轮爆发。各类基础设施和创新应用的快速发展，预示着加密行业将迎来更广阔的发展机遇。未来几年将是加密行业加速发展、不断迭代技术、广泛普及创新的关键时期。

Huobi HTX focused on analyzing the crypto-friendly policies that may be brought about by Trump's inauguration. Two important bills, the FIT21 Act and the Bitcoin Strategic Reserve Act, are expected to be passed more quickly under Trump's promotion. The former, by dividing tokens into digital assets and digital commodities, transfers the supervision

火币HTX重点分析了特朗普就职可能带来的加密货币友好政策。 《FIT21法案》和《比特币战略储备法案》两项重要法案在特朗普的推动下有望更快获得通过。前者通过将代币分为数字资产和数字商品，将监管转移