Crypto Market Weekly: Stablecoin Popularity Rising, AI and Meme Coins Become New Focus

This week, the crypto market has shown a trend of diversification, with stablecoins, AI, and Meme coins becoming the focus of market attention. At the same time, changes in regulatory attitudes have brought new opportunities and challenges to the industry.

The stablecoin sector is heating up

The competition in the stablecoin sector is intensifying, and the market landscape may face reshaping. A well-known investment institution has severely criticized a stablecoin issuer, believing that its IPO plan neglects customer interests. Meanwhile, the competition among the three major mainstream stablecoins is also becoming increasingly fierce, with each vying for advantages in compliance, market share, and innovation.

The attitude of the cross-border payment industry towards stablecoins has sparked widespread discussion. An executive from a payment company publicly questioned the value of stablecoins, only to face strong opposition from the crypto market. This incident highlights the contradictions and conflicts between traditional finance and emerging encryption technologies.

In terms of innovation, a well-known stablecoin company is developing a financial settlement layer based on Bitcoin, aimed at providing more efficient trading services. Meanwhile, yield-bearing stablecoin (YBS) has gained attention as an emerging concept, with several related projects showing development potential.

Macroscopic Perspective

The Bitcoin network is facing challenges, with a significant drop in transaction volume raising concerns within the community. This phenomenon exposes the vulnerability of the miner revenue model and has sparked discussions about the future development direction.

The real-world asset tokenization (RWA) market has seen explosive growth, with a nearly 50% increase in market capitalization in the first half of the year. Private credit and US Treasury bonds have become the main driving forces, accounting for the vast majority of market share.

The structure of Bitcoin investors is changing from being dominated by retail investors to being dominated by institutions. In the long term, this shift could affect market volatility and price trends.

The regulatory attitude has shown positive changes, with senior officials from a regulatory agency proposing the concept of "innovation exemption," creating a more favorable environment for the development of decentralized finance (DeFi).

AI and Meme Coins Become New Hotspots

The application of AI in the blockchain field continues to deepen, with several AI Layer1 projects attracting attention. Decentralized AI training is seen as the future direction of development, promising to bring a more open and censorship-resistant AI ecosystem.

The Meme coin market remains active, with investors beginning to explore the "fundamentals" of these assets, including factors such as sentiment, belief, and community. Several emerging AI projects have recently been making frequent moves, attracting market attention.

Emerging Tracks and Opportunities

A certain public chain ecosystem continues to heat up, with multiple projects achieving significant growth. The XRP ecosystem is seeking to activate its potential through DeFi expansion. The concept of InfoFi is rapidly rising, attracting the attention of a large number of investors.

A certain cryptocurrency exchange's research department released a report predicting that in the second half of 2025, the crypto market will be driven by factors such as economic growth, corporate adoption, and clearer regulations, showing a positive trend.

Industry News

A certain cryptocurrency ETF application has made substantial progress, with regulators beginning to assess its specific operational mechanisms. This development brings positive news for related assets.

A well-known project encountered a crisis of trust due to negative news, triggering significant fluctuations in the market. This event highlights the information sensitivity of the crypto market.

Singapore is about to implement stricter encryption regulations, prompting the industry to reflect on the future direction of development. At the same time, the positive changes in the regulatory attitude in the United States bring new development opportunities for the DeFi industry.

The Bitcoin core development community has diverged on the issue of transaction relays, reflecting different views within the community on emerging applications such as inscriptions.

Overall, the crypto market is showing a trend of diversified development, with new opportunities and challenges emerging in various subfields. Changes in the regulatory environment, advancements in technological innovation, and the evolution of the investor structure will all have a profound impact on the future development of the industry.