coinbase：2025年加密货币市场展望报告（英文版）

As we look forward into 2025, the cryptocurrency market is poised for transformative growth. Thematuration of the asset class continues to gain momentum, with increasing institutional adoption andexpanding use cases across its various sectors. In just the past year, spot ETFs were approved in the UStokenization of financial products increased dramatically, and stablecoins saw massive growth andgreaterintegration into the global payments framework.

Getting here has been no easy task, But