According to Binance Research, the total cryptocurrency market value has increased by 1.99% in the first half of 2025, indicating market recovery after fluctuations.
General Market Dynamics
The report indicates that the cryptocurrency market experienced an 18.61% decline in the first quarter of 2025 but rebounded by 25.32% in the second quarter. Despite global volatility, the market showed growth, reflecting cautious optimism among investors.
Fundamental Changes in Bitcoin and DeFi
Bitcoin saw a 13% increase in value in the first half of 2025, and its use in the DeFi space grew by over 550% year-over-year. While on-chain activity slowed, network security and hash rates remain strong. Total assets locked in DeFi stood at approximately $151.5 billion, with a 240% increase in active users year-over-year.
Outlook and Key Themes for the Second Half of 2025
Binance Research highlights ten key themes expected in the latter half of 2025, such as macroeconomic outlook, regulatory changes, and Bitcoin's cyclical role. Further innovations in stablecoin integration and real-world assets into financial infrastructures are anticipated.
The report illustrates that the cryptocurrency market continues to evolve, opening new opportunities for both institutional and individual investors. Noteworthy trends such as the integration of artificial intelligence and connections to physical infrastructure may reshape the landscape of the crypto economy.