2025 年虛擬資產市場展望：穩定幣、區塊鏈通訊網路和人工智慧區塊鏈組合將引領潮流

美國最大的硬幣交易所Coinbase在發布包含今年展望的報告時做出了這項預測。

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.

美國最大的貨幣交易所Coinbase在發布包含今年展望的報告時預測，虛擬資產在傳統金融中的作用將在2025年加強。

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.

今年的虛擬資產市場是由於自1月現貨交易所交易基金（ETF）上市以來，隨著比特幣對現有金融資本的進入大幅增加，今年機構投資者對市場的參與將向各個方向擴大。 。

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."

虛擬資產投資公司Mesari預測，“隨著自稱‘虛擬資產總統’的唐納德·特朗普當選美國總統，2025年與傳統金融的結合將在穩定監管下的各個領域展開。 ”

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.

根據虛擬資產產業31日消息，今年市場的主題預計將是穩定幣、使用區塊鏈的通訊網路、電網等基礎設施以及人工智慧（AI）與區塊鏈的結合。

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在今年的預測報告中表示，“今年ETF已獲得批准，實體和金融產品的代幣化飆升，穩定幣的增長加速了全球支付系統的整合”，並補充道，“這些成就僅僅是開始” 。

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 最引人注目的焦點是穩定幣和實體資產代幣化（RWA）。穩定幣是每枚硬幣固定價格 1 美元的硬幣。實體資產代幣化是指將房地產、政府債券等實體資產透過上鍊的方式將其變成代幣。

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.

穩定幣市值達2,044億美元，年增57.23%，成交量達27.1兆美元。基於相對於傳統支付方式快速、廉價的優勢，穩定幣「USDC」已被Visa、Stripe等支付平台採用。

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 市場規模也成長了 76.19%，從 84 億美元成長到 148 億美元。特別是美國債券和貨幣市場基金（MMF）等傳統金融產品已經被代幣化。

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，“虛擬資產的商業化和製度化很可能由穩定幣和RWA這兩個領域引領。這將為金融市場帶來根本性的變化。”

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.

人工智慧也被認為將引領虛擬資產市場的主題。尤其是近期備受關注的“AI代理”，有望為虛擬資產市場帶來重大變革。 AI代理是指代表人的工作自主執行工作的AI系統。

"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：“我們期望人工智慧代理能夠管理虛擬資產錢包或與智能合約交互，為 DeFi 和去中心化自治組織（DAO）運營開闢新的可能性。”

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為例，預計今年比特幣ETF的巨大表現將加速傳統金融公司進入市場。比特幣現貨ETF淨流入352.41億美元。

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預測，“傳統金融公司進入穩定的監管環境將加速，使用穩定幣的金融產品數量將增加，機構投資者將參與簡單投資以外的各種資產的RWA和DeFi實驗。”

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.

就比特幣而言，由於機構投資者需求強勁，根據ETF需求預計明年價格將穩定上漲。另一方面，以太坊分析稱，與 Solana 和 Aptos 等競爭區塊鏈相比，它需要找到一種方法來區分自己。

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預測，“在行業方面，區塊鏈的結合有望在無線通信和數據網路等傳統行業擴大，利用AI代理使用新虛擬資產的案例將會增加。”

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."

在韓國，隸屬於硬幣交易所 Covit 的 Covit Research 給出了今年的展望。 Covit Research預測，“全球金融公司將加速進入穩定幣和比特幣市場，各國之間的競爭將因美國比特幣戰略資產法案而加劇。”

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."

他特別表示，“比特幣現貨 ETF 的批准以及主要國家央行降息的立場將成為比特幣價格上漲的一個因素”，並補充道，“預計 Solana 和 Ripple 等山寨幣也將加速他們進入機構領域。”