Singapore, Singapore, January 13th, 2025,
Chainwire
As 2025 unfolds, HTX, the world’s leading
digital asset exchange, has released its latest report, HTX 2024 Global Web3
Blockchain Ecosystem Review and 2025 Outlook, which provides
forward-looking insights into the development prospects of the
crypto industry. The year 2024 marked a significant chapter in the
history of the crypto industry, characterized by continuous
breakthroughs in blockchain technology, surges in Bitcoin price,
and a gradually more open regulatory environment, with
cryptocurrencies gaining increasing recognition from the
mainstream.
Key Sectors for 2025
In the report, HTX highlighted five key sectors that showed
encouraging progress last year and will continue to closely monitor
these areas in 2025.
Bitcoin Ecosystem
In 2024, Bitcoin’s market dominance kept increasing, solidifying
its position as the core asset, with spot ETFs acting as liquidity
channels.
As a result, further development of Bitcoin's ecosystem and
improvements in capital utilization efficiency are becoming
increasingly important. Supported by favorable macroeconomic
conditions and robust infrastructure, a potential increase in
Bitcoin demand over the next two years is anticipated according to
the team.
Infrastructure
Infrastructure remained a cornerstone in 2024's crypto
investments and funding. The synergy between capital and technology
has driven the rapid development of Layer 1, Layer 2, and
middleware projects, among others.
Layer 1 solutions, in particular, now represent the focal point
of technical development and exploration within the crypto space,
and it is expected to remain a priority for development resources
and capital investment in the future.
Meme Coins
The Meme coin sector emerged as a hotspot in 2024, fostering
community consensus while integrating with fields like DeFi and
GameFi to create new use cases. As the crypto market environment
grows favorable, more retail investors are expected to enter the
market, positioning Meme projects as vital channels for capital
inflows.
AI
In 2024, the intersection of the Crypto and AI sectors has been
driving the exploration of several segmented fields, with AI agents
emerging as a particularly prominent area of focus. In the future,
AI agents are expected to gradually become personal butlers and
assistants for users, serving them with comprehensive capabilities.
Over time, they may develop unique cultures and
religions.
This deep integration of AI and encryption technology is an
innovative evolution that is unattainable within Web2 and cannot be
achieved by Web3 relying solely on encryption technology.
TON Ecosystem
Attributable to Telegram's hundreds of millions of users and
robust technical support, the TON ecosystem achieved significant
milestones in various fields, pioneering the monetization of Web2
social applications through crypto. Moving into 2025, it needs to
explore and find new business models to improve user retention and
identify its next growth curve.
Donald Trump Effect: Bitcoin Strategic Reserve Worth
Anticipating
The report also discusses the potential impact of
crypto-friendly policies that could arise after Donald Trump takes
office. Two important bills, the FIT21 Act and the Bitcoin
Strategic Reserve Act, could pass more quickly thanks to
him.
The FIT21 Act aims to create a clear legal framework for token
issuance and trading by classifying tokens as digital assets or
digital commodities, transferring the regulatory responsibilities
of many blockchain projects from the SEC to the CFTC, and
introducing a safe harbor mechanism. This would help standardize
and promote the healthy growth of the entire industry.
The Bitcoin Strategic Reserve Act, aligning with Trump's
campaign promises, if passed, would mark Bitcoin's transition from
a niche asset to a nationally recognized reserve asset, greatly
enhancing its legitimacy and recognition. It may also prompt other
countries to adopt similar measures to further advance Bitcoin's
global recognition and application.
The Act was submitted to Congress for deliberation on August 4,
2024, and referred to the Senate Banking Committee for review.
Trump is well-positioned to push this bill through. Meanwhile,
several U.S. states have already proposed their own Bitcoin
Strategic Reserve bills. By 2025, Bitcoin as a strategic reserve
may become a reality.
Additionally, under Trump's presidency, the SAB121 Act could be
repealed, allowing traditional financial institutions to hold
cryptocurrencies on their balance sheets, working to further
accelerate the institutionalization of crypto assets and
contributing to the overall maturity of the crypto market. The
SEC's application criteria for the Howey Test may also be relaxed,
increasing the likelihood of more spot crypto ETFs being approved
and more public listings of crypto companies.
Meanwhile, the report also provides a comprehensive summary of
2024, looking back on the key events that had a major impact on the
crypto industry while summing up what HTX had achieved over the
last year.
To learn more, users can visit: HTX 2024 Global Web3
Blockchain Ecosystem Review and 2025 Outlook
About HTX
Founded in 2013, HTX has evolved from a
virtual asset exchange into a comprehensive ecosystem of blockchain
businesses that span digital asset trading, financial derivatives,
research, investments, incubation, and other businesses.
As a world-leading gateway to Web3, they harbor global
capabilities that enable them to provide users with safe and
reliable services.
Their growth strategy - "Global Expansion, Thriving Ecosystem,
Wealth Effect, Security & Compliance", underpins the commitment
to providing quality services and values to virtual asset
enthusiasts worldwide.
Contact
Ruder Finn
Asia
htx@ruderfinn.com