Investment Opportunities in 2025 from the Perspective of Blockchain Researchers

As the cryptocurrency market enters a new cycle, several senior researchers have shared their insights on the investment outlook for 2025. Here are the key points from several members of the Four Pillars research team:

Steve: Changes in the Smart Contract Platform Landscape

• Ethereum's dominance will continue to decline, with its market share possibly dropping to around 30%.
• New public chains such as Sui, Solana, Injective, etc. will receive more attention.
• The verified track ( such as exchanges, stablecoins, and public chains ) still has opportunities for innovation.
• Focus on projects that have established a solid community foundation.

Jay: Projects That Truly Drive Adoption

• Non-EVM ecosystems will experience a boom, such as Solana, Sui, etc.
• Focus on RWA projects that can achieve effective tokenization of assets.
• Projects that create substantial value for the community will stand out.

Heechang: Long-term Development Trends of DeFi

• DeFi is still the core of cryptocurrency and will further integrate with traditional finance in the future.
• Focus on the expansion of DeFi infrastructure
• Projects like Morpho and Ethena demonstrate the potential of DeFi composability.
• Traditional financial institutions are accelerating their entry into the DeFi space.

Ingeun: Infrastructure Opportunities Beyond Bitcoin

• Funds will flow from Bitcoin to other projects, such as Ethereum and Layer 2.
• Ethereum and Solana remain key infrastructure
• The Restaking ecosystem will continue to grow.
• Follow new projects like Ethena and Mantle

Eren: New Pattern of On-chain Market

• Trading of small and medium market cap assets on the blockchain will attract more retail investors.
• The DEX trading volume share will continue to rise.
• In the wave of AI Agents, projects with real value will survive.
• The combination of DeFi and AI Agents may become a key use case.

Ponyo: AI, DeFi and New Financing Models

• DeFi token economics will shift towards a revenue-sharing model.
• The community financing model led by Hyperliquid will be revitalized.
• Large-scale airdrop strategies may return
• Product quality and community trust will become the key to project success.

Overall, the cryptocurrency market in 2025 will present a more diversified landscape, with emerging sectors coexisting alongside mature fields. Projects that truly create value for users will receive more attention. Investors need to grasp the overall trend while gaining an in-depth understanding of the unique value propositions of each project.