VanEck 发布 2025 年加密货币价格预测，预计价格将进一步看涨

美国资产管理公司 VanEck 发布了对 2025 年加密货币价格的预测，预计明年价格走势将进一步看涨。

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

美国资产管理公司 VanEck 分享了其对 2025 年加密货币价格的预测，主要受到减半和美国监管发展的推动。

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.

该公司分析师预计，加密货币市场将在 2025 年第一季度达到中期峰值，比特币 (BTC) 和山寨币将创下历史新高。

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

然而，预计今年晚些时候市场将出现低迷，随后将强劲复苏。

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

以下是 VanEck 2025 年加密货币预测的一些关键要点：

Crypto Market Peaking Early 2025

加密货币市场将于 2025 年初达到顶峰

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

VanEck 预计，在比特币减半和山寨币反弹的推动下，2025 年第一季度将出现强劲的牛市。

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

因此，BTC 预计将达到 180,000 美元，而以太坊 (ETH) 可能会达到 6,200 美元。

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

在山寨币中，Solana (SOL) 和 Sui (SUI) 预计将获得显着收益。

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

在春季达到峰值后，预计到夏季，比特币将出现 30% 的回调，山寨币将出现更深的回调（高达 60%）。

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

然而，预计市场将反弹，并在第四季度创下历史新高。

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.

高融资利率、过多的未实现利润、比特币主导地位下降、MVRV 比率被高估以及主流投机行为上升等都是预示市场见顶的指标。

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

美国在比特币领域的定位，提高加密货币的采用率

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.

由于支持加密货币的政策和举措，例如加密货币友好型领导、比特币储备、扩大比特币开采和企业比特币持有量，美国预计将成为比特币采用的全球领导者。

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，美国在全球加密货币开发商中的份额可能会从 19% 增加到 25%。

Tokenized Securities Market To Expand

代币化证券市场将扩大

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

根据 VanEck 的预测，代币化证券市场将在 2025 年增长至超过 500 亿美元。

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

这些证券旨在提高金融体系内的效率、权力下放和透明度。

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

目前，Provenance 区块链上存在约 120 亿美元的代币化证券，其中有 95 亿美元的私人信贷证券。

Stablecoins: The ‘Trojan Horse' To Further Adoption

稳定币：进一步采用的“特洛伊木马”

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

预计稳定币将在全球商业中发挥关键作用，到 2025 年底，每日结算量将达到 3000 亿美元。

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

这一增长预计将受到主要参与者整合和汇款扩张的推动，从本质上使稳定币成为区块链采用的“特洛伊木马”。

AI Agents To Surpass 1 Million Active On-Chain Agents

AI 智能体活跃链上智能体数量将突破 100 万

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，人工智能 (AI) 代理的活跃链上代理数量将突破 100 万大关，从而彻底改变去中心化金融 (DeFi) 和社交媒体等行业。

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.

这些专门的机器人可以自主优化结果，从产量最大化到提高参与度，而像 Virtuals 这样的平台甚至可以让非技术用户创建代理。

Bitcoin Layer-2 Solutions To Transform DeFi

比特币 Layer-2 解决方案改变 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，比特币 Layer-2 解决方案预计将达到 100,000 BTC 的总锁定价值 (TVL)，帮助解决比特币的可扩展性问题，同时在 DeFi 中实现更低延迟的交易、更高的吞吐量和智能合约功能。

Ethereum's Expanding Role As Settlement Layer For L2s

以太坊作为 L2 结算层的作用不断扩大

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.

预计到 2025 年，以太坊 Blob Space 将产生超过 10 亿美元的费用，从而巩固区块链作为 Layer-2 (L2) 生态系统结算层的作用。

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

该数据层将压缩和处理交易历史，确保以太坊从其 L2 网络中捕获价值并有助于扩展区块链。