In this trend, tokenized stocks, also known as "U.S. stocks on the chain," has become one of the most controversial and promising tracks.

The deep logic of this round of crypto cycle is shifting from Bitcoin to Ethereum, stablecoins and on-chain financial infrastructure.

AI makes payment capable of “thinking”, and Crypto makes payment capable of “freedom”.

At the beginning of the third quarter of 2025, the macro situation has quietly changed. The policy environment that once pushed digital assets to the edge is now turning into an institutional driving force. Against the backdrop of the Federal Reserve ending its two-year interest rate hike cycle, fiscal policy returning to the stimulus track, and global crypto regulation accelerating the construction of an "accommodative framework", the crypto market is on the eve of a structural reassessment.

The future of InfoFi is not defined by a certain platform or track, but is jointly shaped by all creators, observers and identifiers of attention.

This article will start from five macro dimensions, combine on-chain data and financial models, systematically evaluate the opportunities and risks of the crypto market in the second half of the year, and put forward three types of core strategic recommendations.

In the future, with continuous technological breakthroughs and an increasingly improved ecosystem, DeFi is expected to achieve broader financial inclusion and value reshaping, becoming an important cornerstone of the digital economy.

The real market uptrend will no longer be driven by a simple bull-bear cycle, but by a comprehensive reassessment triggered by the "establishment of the political role of crypto assets."

As the Rollup track gradually becomes homogenized, intra-chain parallelism is quietly becoming a decisive variable in the new cycle of Layer1 competition.

Comprehensively analyze the underlying logic behind this round of BTC hitting new highs, and look forward to the potential market trends in the second half of the year.

As a key bridge between on-chain contracts and off-chain real-world data in the blockchain ecosystem, the importance of oracles is becoming increasingly prominent, and they are being upgraded from a single data relay tool to the "intelligence center" of the on-chain world. It is recommended to focus on three major directions: modular oracles, AI-integrated oracles, and RWA identity-bound oracles. Oracles are transforming from supporting roles to "value anchors" of on-chain order, ushering in structural investment opportunities.

With the easing of macro policies and continuous breakthroughs in key technologies, the Web3 ecosystem is entering a new round of development cycle.

As a key protocol for the deep integration of AI and blockchain, the MCP protocol is providing a new solution for the decentralized assetization of AI models with its decentralized, transparent and traceable characteristics.

Since the first half of 2025, the crypto market has entered the "post-bull market" stage, and has generally shown characteristics of high-level fluctuations and structural differentiation.

More and more investors, institutions and even sovereign funds are beginning to include tokenized gold in their investment horizons.