Multicoin co-founder: Will continue to bet on Solana ecosystem in 2025, Ethereum may fall into a long-term decline.

The price action over the past week was quite volatile, but it ultimately held between $92,500 and $99,000, resulting in a reduction in realized volatility (at least the volatility between settlement points). We speculate that this trend will continue in the next few trading days, but there is a possibility of volatility at the end of the year settlement. At the same time, this long round of price adjustment may end before the end of the year and prepare for the next round of increases.

The spot ETH ETF has a strong net inflow of $349 million, and ETH may become the best performing mainstream token in the next quarter.

Last week, Ethereum spot ETFs saw a net inflow of $349 million, while Bitcoin spot ETFs saw a net outflow of $388 million during the same period.

After further increasing its holdings, MicroStrategy's total BTC holdings have reached 446,440.

Use Ethereum to establish a passive income stream, and XT Finance simplifies DeFi investment for you.

The process of mainstreaming crypto in the United States continues, and Ethereum's future path is expected to become clear. Solana, Base, L2, crypto IPO, and crypto AI may become the keywords of the year.

WLFI may become the "Whampoa Military Academy" of Trump's crypto economy.

In 2025, the DeFi ecosystem will usher in a full recovery driven by technology, policies and markets. The AAVE lending protocol has redefined liquidity management through the innovation of version V4 and has become the core force of the lending market. At the same time, Hyperliquid has quickly emerged as an emerging dark horse in the field of derivatives with its outstanding performance in the decentralized perpetual contract platform. The support of US policies for DeFi has also brought more opportunities to the market, further stimulating innovation and growth. In many fields such as stablecoins, cross-chain solutions and liquidity supply, DeFi will usher in all-round vigorous development in 2025 and become an important part of the global financial system.

With the recent recovery trend in the cryptocurrency market, the NFT field has also seen significant signs of recovery. Will this bull market rekindle NFT?

BTC hit a new all-time high, ETH followed strongly, and multiple bullish factors stimulated the market to rise.

From this stage of the technical roadmap, we can gain insight into how Ethereum will transform into a protocol that can handle huge demands (TPS reaches 100,000+) while remaining decentralized and secure.

Crypto fund inflows hit record highs.

The advantages of Based Rollup bring Ethereum's user experience back to its original state.

Ten years have passed, and Ethereum is no longer in the startup stage, but its future in the next decade is already clearly visible.

Stablecoins are a vital component in the crypto space, and their stability and decentralization have become key competitive points. As the market demand for innovative stablecoins increases, projects such as Ethena, Usual, and f(x)Protocol have proposed different solutions. Ethena achieves a high-yield floating annualized rate of return by combining Cex and on-chain collateral for risk hedging; Usual uses U.S. Treasury bonds as its core support and shares the proceeds with users, breaking the control method of traditional stablecoins; f(x)Protocol provides a decentralized, non-overcollateralized stablecoin framework through complex leverage mechanisms and liquidity pool design. Different models show the diversity and potential of the future development of stablecoins.