2025 年虚拟资产市场展望：稳定币、区块链通信网络和人工智能区块链组合将引领潮流

美国最大的硬币交易所Coinbase在发布包含今年展望的报告时做出了这一预测。

Coinbase, the largest coin exchange in the United States, predicted that the role of virtual assets in traditional finance will be strengthened in 2025 when it released a report containing this year's outlook.

美国最大的货币交易所Coinbase在发布包含今年展望的报告时预测，虚拟资产在传统金融中的作用将在2025年得到加强。

This year's virtual asset market is due to the fact that institutional investors' participation in the market will expand in various directions this year as Bitcoin's entry of existing financial capital has increased significantly since the listing of the spot exchange-traded fund (ETF) in January last year.

今年的虚拟资产市场是由于自1月份现货交易所交易基金（ETF）上市以来，随着比特币对现有金融资本的进入大幅增加，今年机构投资者对市场的参与将向各个方向扩大。去年。

Mesari, a virtual asset investment company, predicted, "With Donald Trump's election as the president of the U.S., who claims to be the 'virtual asset president,' the combination with traditional finance will take place in various fields under stable regulation in 2025."

虚拟资产投资公司Mesari预测，“随着自称‘虚拟资产总统’的唐纳德·特朗普当选美国总统，2025年与传统金融的结合将在稳定监管下的各个领域展开。 ”

According to the virtual asset industry on the 31st, the main theme of this year's market is expected to be stablecoins, communication networks using blockchain, infrastructure such as power grids, and the combination of artificial intelligence (AI) and blockchain.

据虚拟资产行业31日消息，今年市场的主题预计将是稳定币、使用区块链的通信网络、电网等基础设施以及人工智能（AI）与区块链的结合。

Coinbase said in its forecast report for this year, "ETFs have been approved this year, tokenization of real and financial products has soared, and stablecoin's growth has accelerated the integration of the global payment system," adding, "These achievements are just the beginning."

Coinbase在今年的预测报告中表示，“今年ETF已获得批准，实体和金融产品的代币化飙升，稳定币的增长加速了全球支付系统的整合”，并补充道，“这些成就仅仅是开始”。

Coinbase's most notable focus is stablecoins and real asset tokenization (RWA). Stablecoins are coins with a fixed price of $1 per coin. Real asset tokenization refers to making real assets such as real estate and government bonds into tokens by placing them on the blockchain.

Coinbase 最引人注目的焦点是稳定币和实物资产代币化（RWA）。稳定币是每枚硬币固定价格 1 美元的硬币。实物资产代币化是指将房地产、政府债券等实物资产通过上链的方式将其变成代币。

Stablecoin's market capitalization reached $204.4 billion, up 57.23% year-on-year, with a volume of $27.1 trillion. Based on its fast and inexpensive advantages over traditional payment methods, stablecoin "USDC" has been adopted on payment platforms such as Visa and Stripe.

稳定币市值达2044亿美元，同比增长57.23%，交易量达27.1万亿美元。基于相对于传统支付方式快捷、廉价的优势，稳定币“USDC”已被Visa、Stripe等支付平台采用。

RWA also grew 76.19% in 2024 market size from $8.4 billion to $14.8 billion. In particular, traditional financial products such as U.S. bonds and money market funds (MMF) have been tokenized.

2024 年，RWA 市场规模也增长了 76.19%，从 84 亿美元增长到 148 亿美元。特别是美国债券和货币市场基金（MMF）等传统金融产品已经被代币化。

Coinbase said, "The commercialization and institutionalization of virtual assets are likely to be led by two sectors, stablecoin and RWA. This will bring about fundamental changes in the financial market."

Coinbase表示，“虚拟资产的商业化和制度化很可能由稳定币和RWA这两个领域引领。这将给金融市场带来根本性的变化。”

AI is also considered a theme that will lead the virtual asset market. In particular, "AI Agent," which has recently attracted attention, is expected to make a big change in the virtual asset market. An AI agent refers to an AI system that autonomously performs work on behalf of a person's job.

人工智能也被认为将引领虚拟资产市场的主题。尤其是近期备受关注的“AI代理”，有望给虚拟资产市场带来重大变革。 AI代理是指代表人的工作自主执行工作的AI系统。

"We expect AI agents to manage virtual asset wallets or interact with smart contracts to open new possibilities for DeFi and decentralized autonomous organization (DAO) operations," Coinbase said.

Coinbase 表示：“我们期望人工智能代理能够管理虚拟资产钱包或与智能合约交互，为 DeFi 和去中心化自治组织（DAO）运营开辟新的可能性。”

In the case of Messari, it was expected that the tremendous performance of Bitcoin ETFs this year would accelerate traditional financial companies' entry into the market. Bitcoin spot ETFs net inflow of $35.241 billion.

以Messari为例，预计今年比特币ETF的巨大表现将加速传统金融公司进入市场。比特币现货ETF净流入352.41亿美元。

Messari predicted, "The entry of traditional financial companies in a stable regulatory environment will accelerate, increasing the number of financial products using stable coins, and institutional investors will participate in RWA and DeFi experiments of various assets beyond simple investments."

Messari预测，“传统金融公司进入稳定的监管环境将加速，使用稳定币的金融产品数量将增加，机构投资者将参与到简单投资以外的各种资产的RWA和DeFi实验。”

In the case of Bitcoin, as institutional investor demand is solid, it is predicted that stable price increases will be achieved next year based on ETF demand. Ethereum, on the other hand, analyzed that it needs to find a way to differentiate itself compared to competing blockchains such as Solana and Aptos.

就比特币而言，由于机构投资者需求强劲，根据ETF需求预计明年价格将实现稳定上涨。另一方面，以太坊分析称，与 Solana 和 Aptos 等竞争区块链相比，它需要找到一种方法来区分自己。

In addition, Messari predicted, "In terms of industry, the combination of blockchain is expected to expand in traditional industries such as wireless communication and data networks, and cases of using new virtual assets using AI agents will increase."

此外，Messari预测，“在行业方面，区块链的结合有望在无线通信和数据网络等传统行业扩大，利用AI代理使用新虚拟资产的案例将会增加。”

In Korea, Covit Research, affiliated with the coin exchange Covit, gave an outlook for this year. Covit Research predicted, "Global financial companies will accelerate their entry into the stablecoin and bitcoin markets, and competition between countries will intensify due to the U.S. Bitcoin Strategic Assets Act."

在韩国，隶属于硬币交易所 Covit 的 Covit Research 给出了今年的展望。 Covit Research预测，“全球金融公司将加速进入稳定币和比特币市场，各国之间的竞争将因美国比特币战略资产法案而加剧。”

In particular, he said, "The approval of bitcoin spot ETFs and the stance of central banks in major countries to cut interest rates will act as a factor in raising bitcoin prices," adding, "It is expected that altcoins such as Solana and Ripple will also accelerate their entry into the institutional sphere."

他特别表示，“比特币现货 ETF 的批准以及主要国家央行降息的立场将成为比特币价格上涨的一个因素”，并补充道，“预计 Solana 和 Ripple 等山寨币也将加速他们进入机构领域。”