Crypto Market 2023 Year-End Review and 2025 Outlook

In 2023, the encryption industry experienced many changes. The rise of artificial intelligence, the entry of traditional financial giants, and the widespread application of decentralized technology are all reshaping the landscape of this industry. Looking ahead to 2025, we may see the flourishing of AI-driven encryption applications, further expansion of the token economy, and a deep integration of emerging technologies with encryption.

Three Major Themes in the Crypto Industry for 2024

1. The integration of AI and encryption will bring disruptive innovations, changing people's work and lifestyle.

2. As mainstream political forces adopt an open attitude towards encryption, it is gradually becoming the infrastructure for business development.

3. The revival of the Solana ecosystem, becoming one of the most active public blockchains.

Lessons Learned and Reflections from 2024

1. The madness and absurdity of the crypto market continue, but this irrationality also fosters innovation.

2. Artificial intelligence is changing the way we think and work, and we need to actively adapt.

3. Decentralized technology is expanding from finance to other fields, with far-reaching effects.

4. It is important to stay vigilant in the face of sweet talk and tempting interests, and to stick to your original intention.

5. It is crucial to maintain an open mindset and flexibility when facing uncertainty.

6. Tokens are not only tools for value transfer, but also carry people's hopes and dreams.

7. The marketization process is still ongoing, but we must be vigilant about the potential negative impacts it may bring.

8. AI may gradually tame humanity, and we must maintain our ability to think independently.

9. Emerging innovation areas such as Futarchy and AI agents are worth paying attention to.

10. While pursuing profits, we must also think about how to make technology benefit all of humanity.

25 Predictions for 2025

1. LLM-based AI agents will be embedded in robots in the real world.

2. LLM-driven encryption applications will run parallel to traditional smart contract applications.

3. Significant breakthroughs in zero-knowledge proof technology will be achieved.

4. AI-driven KOLs will dominate the mainstream of social media.

5. AI will profoundly change the workflows of most people.

6. Perceptual robots will receive large-scale investments.

7. Non-human perception will become the fastest-growing area of employment.

8. A certain AI agent may receive the Time Magazine Person of the Year.

9. The on-chain TVL will reach 1 trillion USD.

10. The AI agency platform and token market cap will reach $500 billion.

11. The first "kidnapping" incident involving a humanoid robot may occur.

12. Accelerationism will become more popular.

13. Real world assets ( RWA ) will become a hot narrative.

14. The concept of Web4 will surpass Web3 and gain more attention.

15. Mainstream social media platforms will integrate encryption wallets.

16. Decentralized social media will become a fertile ground for AI agent experiments.

17. The interaction between humans and AI will become difficult to distinguish.

18. Protocols and applications created by AI will experience explosive growth.

19. AI-generated movies may achieve artistic accomplishments.

20. Emerging encryption data analysis platforms will rise.

21. meme coins will explore more marketing strategies.

22. The crypto market will differentiate between native players and traditional financial players.

23. Bitcoin Finance ( BTCFi ) will usher in an explosion.

24. The competition between AGI and ASI will intensify, leading to widespread anxiety.

25. Emerging religions based on AI may appear.

23 Notable Encryption Projects

1. BTC: The position of Bitcoin as a reserve asset will further strengthen.

2. VIRTUAL: Core infrastructure of AI agents on Base

3. ENA: A bridge for traditional finance to enter the crypto market.

4. CLANKER: An interesting token issuance platform on Farcaster

5. AIXBT: A high-quality encryption alpha information source

6. COOKIE: Emerging AI Token Data Analysis Platform

7. HNT: A representative project of decentralized Internet of Things

8. META: Exploring the radical experiment of futarchy

9. GOAT: The first AI agent to gain a passionate fanbase

10. ONDO: A representative project in the RWA field

11. ai16z and eliza: On-chain AI agent development framework

12. TAO: The interconnected hub of decentralized AI projects

13. WZRD and PUPS: Quality Tokens in the Bitcoin Ecosystem

14. AAVE: A DeFi blue chip expected to reach a trillion-dollar scale

15. AR: The permanent data storage layer of Web4

16. ZEREBRO: On-chain AI artist

17. WLD: AI-driven global UBI experiment

18. DRIFT: On-chain perpetual contract platform on Solana

19. GRIFFAIN and ARC: The "Virtuals" Controversy on Solana