Coinbase releases 2025 crypto market outlook, focusing on five areas including stablecoins, RWA tokenization, and DeFi
ChainCatcher news, Coinbase recently released a cryptocurrency market outlook, highlighting five areas to watch in 2025:
- Stablecoins are just getting started
Stablecoins have become a killer application in crypto, with a market cap of $193 billion and a trading volume exceeding $27 trillion, a threefold year-on-year increase. It is expected that within five years, the market cap could reach $3 trillion, with primary applications shifting from trading to global capital flows and commercial sectors.
- RWA tokenization is expected to see significant growth
As of December 1, tokenized RWAs have increased to $13.5 billion, with rapid development in 2024, expanding applications to private credit, commodities, and more. Tokenized assets used as collateral can simplify transactions and reduce risks. In 2025, technological advancements and accumulated investments will drive tokenization to become a core part of the crypto market.
- Crypto ETFs have forever changed the supply and demand dynamics of cryptocurrencies
After the success of the U.S. spot Bitcoin ETF, institutional holders surged, driving stable demand growth in the crypto market. Other token ETFs may be approved in the future, but short-term demand is limited. If the SEC allows physical creation, redemption, or staking, it will enhance ETF returns and attract more investors.
- The DeFi revival will usher it into a new era
DeFi has shown greater resilience after experiencing shocks, with lending protocol TVL hitting new highs and DEX trading volume reaching peaks. Optimized U.S. regulations and on-chain verification are paving the way for traditional institutions to enter, expanding DeFi's influence and promising a bright future.
- Regulation will ultimately shift from headwinds to tailwinds
The U.S. is entering the most crypto-friendly regulatory environment, with bipartisan support in Congress pushing for a comprehensive regulatory framework, stablecoin legislation, and an end to the era of enforcement regulation. Meanwhile, G20 countries are accelerating the formulation of digital asset rules, creating conditions for innovation and growth. This will help make 2025 a breakthrough year for the crypto industry, laying the foundation for long-term development.
