The crypto market moves towards the mainstream in 2024, and the "PARTY AWARD 2025" reveals 22 authoritative awards.

2024 will be a landmark moment for the crypto market as it truly moves towards the mainstream. Bitcoin and Ethereum spot ETFs have been approved for listing, successfully entering the traditional financial realm; Bitcoin has undergone a halving, leading to a significant price increase; mainstream media attention has notably risen, with crypto practitioners playing an important role in the U.S. elections; the liquidity of stablecoins continues to grow, and on-chain activities are becoming increasingly active; phenomenal meme coins are rapidly emerging, with a full-blown MEME super cycle; the integration of AI and encryption technology has become a new hot topic, and smart agents have become standard for trading. These developments lay a solid foundation for a new market cycle.

In this context, "PARTY AWARD 2025" unfolds with the theme "Becoming Mainstream", aiming to recognize those Web3 projects, teams, and individuals that are driving the industry into the mainstream spotlight. After a rigorous selection process, a total of 141 projects/companies and 10 individuals stood out, receiving 22 prestigious annual awards.

This selection combines multiple standards such as technological innovation, ecological development, market influence, and community building to award 3 Annual Outstanding Contribution Awards: Bitcoin, Base, and Solana. These projects have excelled in promoting industry innovation and generating economic and social benefits.

In terms of innovation awards, ai16z, Ethena, Fractal Bitcoin, GMGNAi, GOAT, Hyperliquid, Mind Network, Polymarket, Pump.fun, and Virtuals Protocol stand out. These projects have made innovative breakthroughs in technical mechanisms, economic models, business models, investment models, and asset issuance, bringing new growth momentum to the market.

The Annual Application Awards cover seven categories: DeFi, Web3 games, Web3 social, RWA, DePIN, AI+Web3 integration, and NFTs, with a total of 45 outstanding projects selected. These applications demonstrate the enormous potential of combining innovative technologies with new business models, driving profound changes in the industry.

In the infrastructure sector, 20 of the best projects have been selected, covering different categories such as L1, L2, and tools. The continuous upgrade of these infrastructures injects new vitality into the market and is key to driving large-scale adoption.

In addition, the selection also includes the 25 most promising projects in the Bitcoin, Ethereum, Solana, and TON ecosystems, 10 most popular MEME coins, 10 most influential KOLs, 5 most impactful Web3 conferences, 10 best investment institutions, 8 best exchanges, and 10 best columns.

2024 is seen as a pivotal turning point in the encryption field. With Wall Street giants entering the market, Bitcoin halving, the regulatory framework gradually becoming clearer, traditional institutions opening up to crypto asset allocation, the impact of the US elections, and continuous technological maturation, the encryption industry is ushering in new growth opportunities and diversified narratives. Looking ahead to 2025, cryptocurrencies are expected to gain a clearer position and broader recognition in the global financial system.