{"id":546,"date":"2024-11-29T14:53:44","date_gmt":"2024-11-29T06:53:44","guid":{"rendered":"https:\/\/www.yixiangtian.com\/?p=546"},"modified":"2024-11-29T14:53:44","modified_gmt":"2024-11-29T06:53:44","slug":"galaxy-research-2025%e5%b9%b4%e9%a2%84%e6%b5%8b%ef%bc%9a%e6%af%94%e7%89%b9%e5%b8%81%e5%86%b2%e5%87%bb-18-5-%e4%b8%87%ef%bc%8c%e4%bb%a5%e5%a4%aa%e5%9d%8a%e7%aa%81%e7%a0%b4-5500-%e7%be%8e%e5%85%83","status":"publish","type":"post","link":"https:\/\/www.yunsiwang.com\/?p=546","title":{"rendered":"Galaxy Research 2025\u5e74\u9884\u6d4b\uff1a\u6bd4\u7279\u5e01\u51b2\u51fb 18.5 \u4e07\uff0c\u4ee5\u592a\u574a\u7a81\u7834 5,500 \u7f8e\u5143"},"content":{"rendered":"<div>\n<div>\n<div>\n<div>\n<div>\n<div class=\"article-content content\">\n<div class=\"quote\">\n      Tether \u7684\u5e02\u573a\u4efd\u989d\u9884\u8ba1\u5c06\u5728 2025 \u5e74\u8dcc\u7834 50%\uff0c\u53d7\u5230\u6536\u76ca\u578b\u7a33\u5b9a\u5e01\u7684\u6311\u6218\u3002\n     <\/div>\n<p>\u4f5c\u8005\uff1a Galaxy Research<\/p>\n<p>\u7f16\u8bd1\uff1a\u6df1\u6f6e TechFlow<\/p>\n<p>\u6765\u81ea @glxyresearch \u76842025 \u5e74\u52a0\u5bc6\u8d27\u5e01\u9884\u6d4b\uff0c\u6db5\u76d6\u4e86\u6bd4\u7279\u5e01\u548c\u4ee5\u592a\u574a\u7684\u4ef7\u683c\u8d70\u52bf\u3001ETHBTC \u6bd4\u7387\u3001Dogecoin \u548c D.O.G.E.\u3001\u7a33\u5b9a\u5e01\u3001DeFi\u3001L2 \u89e3\u51b3\u65b9\u6848\u3001\u653f\u7b56\u3001\u98ce\u9669\u6295\u8d44\u7b49\u9886\u57df\u3002\u4ee5\u4e0b\u662f\u6211\u4eec\u521a\u521a\u5206\u4eab\u7ed9 @galaxyhq \u5ba2\u6237\u548c\u5408\u4f5c\u4f19\u4f34\u7684\u9884\u6d4b\u5185\u5bb9\uff1a<\/p>\n<h2>\u6bd4\u7279\u5e01\u4ef7\u683c\u9884\u8ba1\u5728 2025 \u5e74\u4e0a\u534a\u5e74\u7a81\u7834 15 \u4e07\u7f8e\u5143\uff0c\u5e76\u5728\u7b2c\u56db\u5b63\u5ea6\u8fbe\u5230\u6216\u8d85\u8fc7 18.5 \u4e07\u7f8e\u5143<\/h2>\n<p>\u673a\u6784\u3001\u4f01\u4e1a\u4ee5\u53ca\u56fd\u5bb6\u5c42\u9762\u7684\u91c7\u7528\u5c06\u6210\u4e3a\u63a8\u52a8\u6bd4\u7279\u5e01\u4ef7\u683c\u5728 2025 \u5e74\u521b\u65b0\u9ad8\u7684\u4e3b\u8981\u52a8\u529b\u3002\u81ea\u8bde\u751f\u4ee5\u6765\uff0c\u6bd4\u7279\u5e01\u7684\u5347\u503c\u901f\u5ea6\u4e00\u76f4\u5feb\u4e8e\u6240\u6709\u5176\u4ed6\u8d44\u4ea7\u7c7b\u522b\uff0c\u5c24\u5176\u662f\u6807\u666e 500 \u548c\u9ec4\u91d1\uff0c\u8fd9\u4e00\u8d8b\u52bf\u5c06\u5728 2025 \u5e74\u5ef6\u7eed\u3002\u9884\u8ba1\u6bd4\u7279\u5e01\u7684\u5e02\u503c\u5c06\u8fbe\u5230\u9ec4\u91d1\u5e02\u573a\u603b\u5e02\u503c\u7684 20%\u3002<\/p>\n<p>&#8211; @intangiblecoins<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/img.bitgetimg.com\/multiLang\/image\/social\/eaff062dee345d4c0fa79d15ad2cb7cb1735543353539.jpg\" alt=\"Galaxy Research 2025\u5e74\u9884\u6d4b\uff1a\u6bd4\u7279\u5e01\u51b2\u51fb 18.5 \u4e07\uff0c\u4ee5\u592a\u574a\u7a81\u7834 5,500 \u7f8e\u5143 image 0\"><img decoding=\"async\" src=\"https:\/\/img.bitgetimg.com\/multiLang\/image\/social\/1f9914f1889692108e2d40fe6224c4f01735543353783.jpg\" alt=\"Galaxy Research 2025\u5e74\u9884\u6d4b\uff1a\u6bd4\u7279\u5e01\u51b2\u51fb 18.5 \u4e07\uff0c\u4ee5\u592a\u574a\u7a81\u7834 5,500 \u7f8e\u5143 image 1\"><\/p>\n<h2>\u7f8e\u56fd\u73b0\u8d27\u6bd4\u7279\u5e01 ETP \u7684\u603b\u8d44\u4ea7\u7ba1\u7406\u89c4\u6a21 (AUM) \u5c06\u5728 2025 \u5e74\u7a81\u7834 2500 \u4ebf\u7f8e\u5143<\/h2>\n<p>2024 \u5e74\uff0c\u6bd4\u7279\u5e01 ETP \u4ea7\u54c1\u5438\u5f15\u4e86\u8d85\u8fc7 360 \u4ebf\u7f8e\u5143\u7684\u51c0\u6d41\u5165\uff0c\u6210\u4e3a\u5386\u53f2\u4e0a\u8868\u73b0\u6700\u597d\u7684 ETP \u4ea7\u54c1\u7ec4\u5408\u3002\u8bb8\u591a\u5168\u7403\u9876\u7ea7\u5bf9\u51b2\u57fa\u91d1\uff08\u5982 Millennium\u3001Tudor \u548c D.E. Shaw\uff09\u90fd\u9009\u62e9\u4e86\u6bd4\u7279\u5e01 ETP\uff0c\u800c\u6839\u636e 13F \u6587\u4ef6\u663e\u793a\uff0c\u5a01\u65af\u5eb7\u661f\u5dde\u6295\u8d44\u59d4\u5458\u4f1a (SWIB) \u4e5f\u6301\u6709\u76f8\u5173\u4ed3\u4f4d\u3002\u77ed\u77ed\u4e00\u5e74\u5185\uff0c\u6bd4\u7279\u5e01 ETP \u7684 AUM \u8ddd\u79bb\u8d85\u8d8a\u7f8e\u56fd\u6240\u6709\u5b9e\u7269\u9ec4\u91d1 ETP \u7684\u603b\u89c4\u6a21\u4ec5\u5dee 240 \u4ebf\u7f8e\u5143\uff0819%\uff09\u3002<\/p>\n<p>&#8211; @intangiblecoins<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/img.bitgetimg.com\/multiLang\/image\/social\/19960b6b7c66db78d501ba8c2810d31e1735543354000.jpg\" alt=\"Galaxy Research 2025\u5e74\u9884\u6d4b\uff1a\u6bd4\u7279\u5e01\u51b2\u51fb 18.5 \u4e07\uff0c\u4ee5\u592a\u574a\u7a81\u7834 5,500 \u7f8e\u5143 image 2\"><\/p>\n<h2>\u6bd4\u7279\u5e01\u5c06\u5728 2025 \u5e74\u518d\u6b21\u6210\u4e3a\u5168\u7403\u8d44\u4ea7\u4e2d\u98ce\u9669\u8c03\u6574\u540e\u8868\u73b0\u6700\u4f18\u79c0\u7684\u8d44\u4ea7\u4e4b\u4e00<\/h2>\n<p>\u6bd4\u7279\u5e01\u7684\u5353\u8d8a\u8868\u73b0\u4e0d\u4ec5\u5f97\u76ca\u4e8e\u521b\u7eaa\u5f55\u7684\u8d44\u91d1\u6d41\u5165\uff0c\u8fd8\u53d7\u5230 2024 \u5e74\u4ef7\u683c\u4e0a\u6da8\u7684\u63a8\u52a8\u3002\u6839\u636e\u98ce\u9669\u8c03\u6574\u540e\u7684\u6536\u76ca\u6307\u6807\uff0c\u6bd4\u7279\u5e01\u5728\u5168\u7403\u8d44\u4ea7\u4e2d\u6392\u540d\u7b2c\u4e09\uff0c\u4ec5\u6b21\u4e8e\u5c11\u6570\u9876\u7ea7\u8d44\u4ea7\u3002\u800c MicroStrategy\uff0c\u8fd9\u5bb6\u81ea\u79f0\u201c\u6bd4\u7279\u5e01\u91d1\u5e93\u201d\u7684\u516c\u53f8\uff0c\u5176\u590f\u666e\u6bd4\u7387\u8868\u73b0\u5c24\u4e3a\u7a81\u51fa\u3002<\/p>\n<p>&#8211; @intangiblecoins<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/img.bitgetimg.com\/multiLang\/image\/social\/fc1560a581f5ed7e3681c2aa22fdcef11735543354200.jpg\" alt=\"Galaxy Research 2025\u5e74\u9884\u6d4b\uff1a\u6bd4\u7279\u5e01\u51b2\u51fb 18.5 \u4e07\uff0c\u4ee5\u592a\u574a\u7a81\u7834 5,500 \u7f8e\u5143 image 3\"><\/p>\n<h2>\u81f3\u5c11\u4e00\u5bb6\u9876\u7ea7\u8d22\u5bcc\u7ba1\u7406\u5e73\u53f0\u5c06\u5728 2025 \u5e74\u5efa\u8bae\u5ba2\u6237\u914d\u7f6e 2% \u6216\u66f4\u9ad8\u6bd4\u4f8b\u7684\u6bd4\u7279\u5e01<\/h2>\n<p>\u7531\u4e8e\u6295\u8d44\u719f\u6089\u671f\u3001\u5185\u90e8\u6559\u80b2\u53ca\u5408\u89c4\u8981\u6c42\u7b49\u56e0\u7d20\uff0c\u76ee\u524d\u5c1a\u65e0\u4e3b\u8981\u8d22\u5bcc\u7ba1\u7406\u516c\u53f8\u5728\u5176\u6295\u8d44\u5efa\u8bae\u7ec4\u5408\u4e2d\u6b63\u5f0f\u5305\u542b\u6bd4\u7279\u5e01\u914d\u7f6e\u3002\u4f46\u8fd9\u4e00\u5c40\u9762\u5c06\u5728 2025 \u5e74\u53d1\u751f\u6539\u53d8\uff0c\u8fd9\u5c06\u8fdb\u4e00\u6b65\u63a8\u52a8\u7f8e\u56fd\u73b0\u8d27\u6bd4\u7279\u5e01 ETP \u7684\u8d44\u91d1\u6d41\u5165\u548c AUM \u589e\u957f\u3002<\/p>\n<p>&#8211; @intangiblecoins<\/p>\n<h2>\u4e94\u5bb6\u7eb3\u65af\u8fbe\u514b 100 \u516c\u53f8\u548c\u4e94\u4e2a\u56fd\u5bb6\u5c06\u5ba3\u5e03\u5c06\u6bd4\u7279\u5e01\u7eb3\u5165\u5176\u8d44\u4ea7\u8d1f\u503a\u8868\u6216\u4e3b\u6743\u8d22\u5bcc\u57fa\u91d1<\/h2>\n<p>\u65e0\u8bba\u662f\u51fa\u4e8e\u6218\u7565\u9700\u6c42\u3001\u6295\u8d44\u7ec4\u5408\u591a\u6837\u5316\uff0c\u8fd8\u662f\u8d38\u6613\u7ed3\u7b97\u7684\u8003\u8651\uff0c\u6bd4\u7279\u5e01\u90fd\u5c06\u9010\u6b65\u8fdb\u5165\u4e3b\u8981\u4f01\u4e1a\u548c\u56fd\u5bb6\u7ea7\u6295\u8d44\u8005\u7684\u8d44\u4ea7\u8d1f\u503a\u8868\u3002\u5c24\u5176\u662f\u975e\u5bf9\u9f50\u56fd\u5bb6\u3001\u62e5\u6709\u5927\u578b\u4e3b\u6743\u8d22\u5bcc\u57fa\u91d1\u7684\u56fd\u5bb6\uff0c\u751a\u81f3\u662f\u4e0e\u7f8e\u56fd\u5bf9\u7acb\u7684\u56fd\u5bb6\uff0c\u5c06\u901a\u8fc7\u6316\u77ff\u6216\u5176\u4ed6\u65b9\u5f0f\u79ef\u6781\u83b7\u53d6\u6bd4\u7279\u5e01\u3002<\/p>\n<p>&#8211; JW<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/img.bitgetimg.com\/multiLang\/image\/social\/88a7a947627ce17881ce7ee103935d241735543354409.jpg\" alt=\"Galaxy Research 2025\u5e74\u9884\u6d4b\uff1a\u6bd4\u7279\u5e01\u51b2\u51fb 18.5 \u4e07\uff0c\u4ee5\u592a\u574a\u7a81\u7834 5,500 \u7f8e\u5143 image 4\"><\/p>\n<h2>\u6bd4\u7279\u5e01\u5f00\u53d1\u8005\u5c06\u5728 2025 \u5e74\u5c31\u4e0b\u4e00\u6b21\u534f\u8bae\u5347\u7ea7\u8fbe\u6210\u5171\u8bc6<\/h2>\n<p>\u81ea 2020 \u5e74\u4ee5\u6765\uff0c\u6bd4\u7279\u5e01\u6838\u5fc3\u5f00\u53d1\u8005\u4e00\u76f4\u5728\u8ba8\u8bba\u5982\u4f55\u901a\u8fc7\u5f15\u5165\u64cd\u4f5c\u7801 (opcode) \u6765\u589e\u5f3a\u4ea4\u6613\u7684\u53ef\u7f16\u7a0b\u6027\u3002\u622a\u81f3 2024 \u5e74\u5e95\uff0c\u6700\u53d7\u652f\u6301\u7684\u64cd\u4f5c\u7801\u5305\u62ec OP_CTV (BIP 119) \u548c OP_CAT (BIP 347)\u3002\u5c3d\u7ba1\u6bd4\u7279\u5e01\u7684\u8f6f\u5206\u53c9\u5171\u8bc6\u6781\u4e3a\u7f55\u89c1\u4e14\u8017\u65f6\uff0c\u4f46\u9884\u8ba1\u5728 2025 \u5e74\u5c06\u8fbe\u6210\u4e00\u81f4\uff0c\u5171\u540c\u63a8\u52a8 OP_CTV\u3001OP_CSFS \u548c\/\u6216 OP_CAT \u7684\u5f15\u5165\u3002\u4e0d\u8fc7\uff0c\u8be5\u5347\u7ea7\u4e0d\u4f1a\u5728 2025 \u5e74\u6fc0\u6d3b\u3002<\/p>\n<p>&#8211; @hiroto_btc<\/p>\n<h2>\u8d85\u8fc7\u4e00\u534a\u5e02\u503c\u6392\u540d\u524d 20 \u7684\u4e0a\u5e02\u6bd4\u7279\u5e01\u77ff\u4f01\u5c06\u5728 2025 \u5e74\u5ba3\u5e03\u8f6c\u578b\u6216\u4e0e\u8d85\u5927\u89c4\u6a21\u8ba1\u7b97 (hyperscalers)\u3001AI \u6216\u9ad8\u6027\u80fd\u8ba1\u7b97 (HPC) \u516c\u53f8\u5efa\u7acb\u5408\u4f5c\u5173\u7cfb<\/h2>\n<p>\u968f\u7740 AI \u5bf9\u8ba1\u7b97\u9700\u6c42\u7684\u6fc0\u589e\uff0c\u6bd4\u7279\u5e01\u77ff\u5de5\u5c06\u9010\u6b65\u6539\u9020\u73b0\u6709\u8bbe\u65bd\u3001\u5efa\u8bbe\u65b0\u57fa\u7840\u8bbe\u65bd\uff0c\u6216\u4e0e HPC \u516c\u53f8\u5171\u540c\u90e8\u7f72\u77ff\u573a\u3002\u8fd9\u79cd\u8d8b\u52bf\u5c06\u9650\u5236\u5168\u7403\u7b97\u529b\u7684\u5e74\u589e\u957f\u7387\uff0c\u9884\u8ba1\u5230 2025 \u5e74\u5e95\uff0c\u5168\u7403\u7b97\u529b\u5c06\u8fbe\u5230 1.1 zetahash\u3002<\/p>\n<p>\u8fd9\u4e9b\u9884\u6d4b\u4e3a\u6211\u4eec\u52fe\u52d2\u51fa 2025 \u5e74\u52a0\u5bc6\u8d27\u5e01\u5e02\u573a\u7684\u53ef\u80fd\u84dd\u56fe\uff0c\u65e2\u5145\u6ee1\u673a\u9047\uff0c\u4e5f\u4f34\u968f\u6311\u6218\u3002<\/p>\n<p>&#8211; @intangiblecoins \u3001 @SimritDhinsa<\/p>\n<h2>\u6bd4\u7279\u5e01 DeFi \u5e02\u573a\u89c4\u6a21\u9884\u8ba1\u5c06\u5728 2025 \u5e74\u5b9e\u73b0\u7ffb\u500d\u589e\u957f<\/h2>\n<p>\u622a\u81f3 2024 \u5e74\u5e95\uff0c\u5df2\u6709\u8d85\u8fc7 110 \u4ebf\u7f8e\u5143\u7684\u5305\u88c5\u6bd4\u7279\u5e01\uff08\u5982 WBTC\uff09\u88ab\u9501\u5b9a\u5728 DeFi \u667a\u80fd\u5408\u7ea6\u4e2d\u3002\u5176\u4e2d\uff0c\u8d85\u8fc7 70% \u7684\u9501\u5b9a\u6bd4\u7279\u5e01\u88ab\u7528\u4f5c\u501f\u8d37\u534f\u8bae\u7684\u62b5\u62bc\u54c1\u3002\u6b64\u5916\uff0c\u901a\u8fc7\u6bd4\u7279\u5e01\u6700\u5927\u7684\u8d28\u62bc\u534f\u8bae Babylon\uff0c\u8fd8\u6709\u5927\u7ea6 42 \u4ebf\u7f8e\u5143\u7684\u5b58\u6b3e\u3002\u5f53\u524d\u6bd4\u7279\u5e01 DeFi \u5e02\u573a\u7684\u603b\u4f30\u503c\u4e3a 154 \u4ebf\u7f8e\u5143\uff0c\u9884\u8ba1\u5230 2025 \u5e74\u5c06\u5b9e\u73b0\u663e\u8457\u589e\u957f\u3002\u8fd9\u4e00\u589e\u957f\u5c06\u6765\u81ea\u591a\u4e2a\u65b9\u5411\uff0c\u5305\u62ec\u4ee5\u592a\u574a L1\/L2 \u4e0a\u7684\u73b0\u6709 DeFi \u534f\u8bae\u3001\u6bd4\u7279\u5e01 L2 \u4e0a\u7684\u65b0 DeFi \u534f\u8bae\uff0c\u4ee5\u53ca\u7c7b\u4f3c Babylon \u7684\u8d28\u62bc\u5c42\u3002\u9884\u8ba1\u5e02\u573a\u7ffb\u500d\u7684\u5173\u952e\u9a71\u52a8\u56e0\u7d20\u5305\u62ec\uff1acbBTC \u4f9b\u5e94\u540c\u6bd4\u589e\u957f 150%\u3001WBTC \u4f9b\u5e94\u589e\u52a0 30%\u3001Babylon \u7684 TVL \u8fbe\u5230 80 \u4ebf\u7f8e\u5143\uff0c\u4ee5\u53ca\u65b0\u7684\u6bd4\u7279\u5e01 L2 \u7f51\u7edc\u5b9e\u73b0 40 \u4ebf\u7f8e\u5143\u7684 DeFi TVL\u3002<\/p>\n<p>&#8211; @hiroto_btc<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/img.bitgetimg.com\/multiLang\/image\/social\/d910111b615a5667645d99d1df9d81e71735543354586.jpg\" alt=\"Galaxy Research 2025\u5e74\u9884\u6d4b\uff1a\u6bd4\u7279\u5e01\u51b2\u51fb 18.5 \u4e07\uff0c\u4ee5\u592a\u574a\u7a81\u7834 5,500 \u7f8e\u5143 image 5\"><\/p>\n<h2>\u9884\u8ba1\u4ee5\u592a\u574a\u4ef7\u683c\u5728 2025 \u5e74\u5c06\u7a81\u7834 5500 \u7f8e\u5143<\/h2>\n<p>\u968f\u7740 DeFi \u548c\u8d28\u62bc\u9886\u57df\u7684\u76d1\u7ba1\u538b\u529b\u51cf\u8f7b\uff0c\u4ee5\u592a\u574a\u5c06\u5728 2025 \u5e74\u521b\u4e0b\u5386\u53f2\u65b0\u9ad8\u3002DeFi \u4e0e\u4f20\u7edf\u91d1\u878d\u7684\u5408\u4f5c\u53ef\u80fd\u4f1a\u5728\u65b0\u7684\u76d1\u7ba1\u6c99\u76d2\u73af\u5883\u4e2d\u5c55\u5f00\uff0c\u8fd9\u5c06\u4f7f\u4f20\u7edf\u8d44\u672c\u5e02\u573a\u80fd\u591f\u66f4\u6df1\u5165\u5730\u63a2\u7d22\u516c\u5171\u533a\u5757\u94fe\uff0c\u800c\u4ee5\u592a\u574a\u53ca\u5176\u751f\u6001\u7cfb\u7edf\u5c06\u6210\u4e3a\u4e3b\u8981\u53d7\u76ca\u8005\u3002\u540c\u65f6\uff0c\u4f01\u4e1a\u5c06\u9010\u6b65\u5c1d\u8bd5\u57fa\u4e8e\u4ee5\u592a\u574a\u6280\u672f\u7684 Layer 2 \u7f51\u7edc\u3002\u4e00\u4e9b\u57fa\u4e8e\u516c\u5171\u533a\u5757\u94fe\u7684\u6e38\u620f\u53ef\u80fd\u627e\u5230\u4ea7\u54c1\u5e02\u573a\u5951\u5408\u70b9\uff0c\u800c NFT \u4ea4\u6613\u91cf\u4e5f\u5c06\u8fce\u6765\u663e\u8457\u53cd\u5f39\u3002<\/p>\n<h2>\u4ee5\u592a\u574a\u8d28\u62bc\u7387\u9884\u8ba1\u5c06\u5728 2025 \u5e74\u8d85\u8fc7 50%<\/h2>\n<p>\u7f8e\u56fd\u653f\u5e9c\u53ef\u80fd\u4f1a\u4e3a\u52a0\u5bc6\u884c\u4e1a\u63d0\u4f9b\u66f4\u660e\u786e\u7684\u76d1\u7ba1\u6307\u5bfc\uff0c\u4f8b\u5982\u5141\u8bb8\u73b0\u8d27 ETH ETP \u8d28\u62bc\u90e8\u5206\u6301\u6709\u7684 ETH\u3002\u660e\u5e74\u5bf9\u8d28\u62bc\u7684\u9700\u6c42\u5c06\u6301\u7eed\u589e\u957f\uff0c\u5230 2025 \u5e74\u5e95\uff0c\u8d28\u62bc\u7684\u4ee5\u592a\u574a\u6570\u91cf\u53ef\u80fd\u8d85\u8fc7\u5176\u6d41\u901a\u4f9b\u5e94\u91cf\u7684\u4e00\u534a\u3002\u8fd9\u5c06\u4fc3\u4f7f\u4ee5\u592a\u574a\u5f00\u53d1\u8005\u66f4\u8ba4\u771f\u5730\u8003\u8651\u8c03\u6574\u7f51\u7edc\u7684\u8d27\u5e01\u653f\u7b56\u3002\u540c\u65f6\uff0c\u8d28\u62bc\u7387\u7684\u4e0a\u5347\u5c06\u8fdb\u4e00\u6b65\u63a8\u52a8\u5bf9\u8d28\u62bc\u6c60\uff08\u5982 Lido \u548c Coinbase\uff09\u4ee5\u53ca\u518d\u8d28\u62bc\u534f\u8bae\uff08\u5982 EigenLayer \u548c Symbiotic\uff09\u7684\u9700\u6c42\u548c\u4ef7\u503c\u6d41\u5165\u3002<\/p>\n<p>&#8211; @christine_dkim<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/img.bitgetimg.com\/multiLang\/image\/social\/5e13d57e787c0cda699069a8b0d180771735543354780.jpg\" alt=\"Galaxy Research 2025\u5e74\u9884\u6d4b\uff1a\u6bd4\u7279\u5e01\u51b2\u51fb 18.5 \u4e07\uff0c\u4ee5\u592a\u574a\u7a81\u7834 5,500 \u7f8e\u5143 image 6\"><\/p>\n<h2>ETH\/BTC \u6bd4\u7387\u5c06\u5728 2025 \u5e74\u8dcc\u81f3 0.03 \u4ee5\u4e0b\uff0c\u4f46\u5e74\u5e95\u5c06\u56de\u5347\u81f3 0.06 \u4ee5\u4e0a<\/h2>\n<p>ETH\/BTC \u6bd4\u7387\u662f\u52a0\u5bc6\u5e02\u573a\u6700\u53d7\u5173\u6ce8\u7684\u4ea4\u6613\u5bf9\u4e4b\u4e00\u3002\u81ea\u4ee5\u592a\u574a\u5728 2022 \u5e74\u5b8c\u6210\u201c\u5408\u5e76\u201d\u5347\u7ea7\u5e76\u8f6c\u5411\u6743\u76ca\u8bc1\u660e\u540e\uff0c\u8be5\u6bd4\u7387\u6301\u7eed\u4e0b\u6ed1\u3002\u7136\u800c\uff0c\u9884\u8ba1\u76d1\u7ba1\u73af\u5883\u7684\u53d8\u5316\u5c06\u7279\u522b\u652f\u6301\u4ee5\u592a\u574a\u53ca\u5176\u5e94\u7528\u5c42\uff0c\u5c24\u5176\u662f DeFi\uff0c\u4ece\u800c\u91cd\u65b0\u70b9\u71c3\u6295\u8d44\u8005\u5bf9\u5168\u7403\u7b2c\u4e8c\u5927\u533a\u5757\u94fe\u7684\u5174\u8da3\u3002<\/p>\n<p>&#8211; @intangiblecoins<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/img.bitgetimg.com\/multiLang\/image\/social\/62054f6b7fcec50ad55acc50d021f1471735543354999.jpg\" alt=\"Galaxy Research 2025\u5e74\u9884\u6d4b\uff1a\u6bd4\u7279\u5e01\u51b2\u51fb 18.5 \u4e07\uff0c\u4ee5\u592a\u574a\u7a81\u7834 5,500 \u7f8e\u5143 image 7\"><\/p>\n<h2>L2 \u7684\u7ecf\u6d4e\u6d3b\u52a8\u5c06\u5728 2025 \u5e74\u8d85\u8fc7\u5176\u4ed6 Alt L1 \u7f51\u7edc<\/h2>\n<p>L2 \u7f51\u7edc\u7684\u8d39\u7528\u5360\u6bd4\uff08\u76ee\u524d\u4e3a\u4e2d\u4e2a\u4f4d\u6570\uff09\u9884\u8ba1\u5c06\u5728\u5e74\u5e95\u8d85\u8fc7 Alt L1 \u603b\u8d39\u7528\u7684 25%\u3002\u968f\u7740 L2 \u7f51\u7edc\u5728\u5e74\u521d\u63a5\u8fd1\u6269\u5c55\u6781\u9650\uff0c\u4ea4\u6613\u8d39\u7528\u53ef\u80fd\u9891\u7e41\u98d9\u5347\uff0c\u8feb\u4f7f\u7f51\u7edc\u8c03\u6574 gas \u9650\u5236\u548c blob \u5e02\u573a\u53c2\u6570\u3002\u7136\u800c\uff0c\u6280\u672f\u89e3\u51b3\u65b9\u6848\uff08\u5982 Reth \u5ba2\u6237\u7aef\u6216 Arbitrum Stylus \u7b49\u66ff\u4ee3\u865a\u62df\u673a\uff09\u5c06\u63d0\u5347 Rollup \u7684\u6548\u7387\uff0c\u4fdd\u6301\u4ea4\u6613\u6210\u672c\u5728\u53ef\u63a5\u53d7\u8303\u56f4\u5185\u3002<\/p>\n<p>&#8211; @FullNodeChuck<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/img.bitgetimg.com\/multiLang\/image\/social\/8caf88a5d4b2d227edfd3995bfa8a5a91735543355202.jpg\" alt=\"Galaxy Research 2025\u5e74\u9884\u6d4b\uff1a\u6bd4\u7279\u5e01\u51b2\u51fb 18.5 \u4e07\uff0c\u4ee5\u592a\u574a\u7a81\u7834 5,500 \u7f8e\u5143 image 8\"><\/p>\n<h2>DeFi \u6216\u5c06\u5728 2025 \u5e74\u8fdb\u5165\u201c\u5206\u7ea2\u65f6\u4ee3\u201d\uff0c\u94fe\u4e0a\u5e94\u7528\u9884\u8ba1\u5c06\u5411\u7528\u6237\u548c\u4ee3\u5e01\u6301\u6709\u8005\u5206\u914d\u81f3\u5c11 10 \u4ebf\u7f8e\u5143\u7684\u4ef7\u503c<\/h2>\n<p>\u968f\u7740 DeFi \u76d1\u7ba1\u9010\u6b65\u660e\u6670\uff0c\u94fe\u4e0a\u5e94\u7528\u7684\u4ef7\u503c\u5171\u4eab\u673a\u5236\u5c06\u5f97\u5230\u6269\u5c55\u3002\u50cf Ethena \u548c Aave \u8fd9\u6837\u7684\u9879\u76ee\u5df2\u7ecf\u5f00\u59cb\u8ba8\u8bba\u6216\u901a\u8fc7\u63d0\u6848\u5b9e\u65bd\u8d39\u7528\u673a\u5236\uff0c\u8fd9\u5c06\u4f7f\u7528\u6237\u80fd\u591f\u76f4\u63a5\u53d7\u76ca\u3002\u5176\u4ed6\u4e4b\u524d\u53cd\u5bf9\u6b64\u7c7b\u673a\u5236\u7684\u534f\u8bae\uff08\u5982 Uniswap \u548c Lido\uff09\u53ef\u80fd\u4f1a\u56e0\u76d1\u7ba1\u660e\u786e\u6027\u548c\u7ade\u4e89\u538b\u529b\u800c\u91cd\u65b0\u8bc4\u4f30\u5176\u7acb\u573a\u3002\u66f4\u5bbd\u677e\u7684\u76d1\u7ba1\u73af\u5883\u548c\u94fe\u4e0a\u6d3b\u52a8\u7684\u589e\u52a0\u8868\u660e\uff0c\u534f\u8bae\u53ef\u80fd\u4f1a\u4ee5\u66f4\u9ad8\u7684\u9891\u7387\u8fdb\u884c\u56de\u8d2d\u548c\u76f4\u63a5\u6536\u5165\u5206\u914d\u3002<\/p>\n<p>&#8211; @ZackPokorny_<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/img.bitgetimg.com\/multiLang\/image\/social\/a1224fad59ff574a1e4ad8d06ecc91ba1735543355388.jpg\" alt=\"Galaxy Research 2025\u5e74\u9884\u6d4b\uff1a\u6bd4\u7279\u5e01\u51b2\u51fb 18.5 \u4e07\uff0c\u4ee5\u592a\u574a\u7a81\u7834 5,500 \u7f8e\u5143 image 9\"><\/p>\n<h2>\u94fe\u4e0a\u6cbb\u7406\u6216\u5c06\u5728 2025 \u5e74\u91cd\u65b0\u7115\u53d1\u6d3b\u529b\uff0c\u5e94\u7528\u5c06\u5c1d\u8bd5\u57fa\u4e8e\u672a\u6765\u5b66\u7684\u6cbb\u7406\u6a21\u578b<\/h2>\n<p>\u9884\u8ba1\u94fe\u4e0a\u6cbb\u7406\u7684\u6d3b\u8dc3\u6295\u7968\u8005\u603b\u6570\u5c06\u589e\u957f\u81f3\u5c11 20%\u3002\u94fe\u4e0a\u6cbb\u7406\u957f\u671f\u4ee5\u6765\u9762\u4e34\u4e24\u4e2a\u4e3b\u8981\u95ee\u9898\uff1a\u53c2\u4e0e\u7387\u4f4e\u548c\u6295\u7968\u7f3a\u4e4f\u591a\u6837\u6027\uff08\u5927\u591a\u6570\u63d0\u6848\u4ee5\u538b\u5012\u6027\u4f18\u52bf\u901a\u8fc7\uff09\u3002\u7136\u800c\uff0c\u968f\u7740\u76d1\u7ba1\u538b\u529b\u7684\u7f13\u89e3\u4ee5\u53ca Polymarket \u7684\u6210\u529f\uff0c\u8fd9\u4e24\u4e2a\u95ee\u9898\u6709\u671b\u5728 2025 \u5e74\u5f97\u5230\u6539\u5584\u3002\u5c4a\u65f6\uff0c\u66f4\u591a\u5e94\u7528\u5c06\u4ece\u4f20\u7edf\u6cbb\u7406\u6a21\u578b\u8f6c\u5411\u672a\u6765\u5b66\u6cbb\u7406\u6a21\u578b\uff0c\u4ece\u800c\u63d0\u5347\u6295\u7968\u591a\u6837\u6027\u5e76\u4f18\u5316\u6cbb\u7406\u6548\u679c\u3002<\/p>\n<p>&#8211; @ZackPokorny_<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/img.bitgetimg.com\/multiLang\/image\/social\/de3eed89b58042cb447936777bcfca3c1735543355596.jpg\" alt=\"Galaxy Research 2025\u5e74\u9884\u6d4b\uff1a\u6bd4\u7279\u5e01\u51b2\u51fb 18.5 \u4e07\uff0c\u4ee5\u592a\u574a\u7a81\u7834 5,500 \u7f8e\u5143 image 10\"><\/p>\n<p>&#8211; @FullNodeChuck<\/p>\n<p>&#8211; @hiroto_btc<\/p>\n<h2>\u9884\u8ba1\u5168\u7403\u56db\u5927\u6258\u7ba1\u94f6\u884c\u5c06\u5728 2025 \u5e74\u5f00\u59cb\u63d0\u4f9b\u6570\u5b57\u8d44\u4ea7\u6258\u7ba1\u670d\u52a1<\/h2>\n<p>\u7f8e\u56fd\u8d27\u5e01\u76d1\u7406\u7f72 (OCC) \u8ba1\u5212\u4e3a\u56fd\u5bb6\u94f6\u884c\u63d0\u4f9b\u6258\u7ba1\u6570\u5b57\u8d44\u4ea7\u7684\u653f\u7b56\u8def\u5f84\uff0c\u8fd9\u5c06\u63a8\u52a8\u5168\u7403\u56db\u5927\u6258\u7ba1\u94f6\u884c\u2014\u2014BNY Mellon\u3001State Street\u3001\u6469\u6839\u5927\u901a\u548c\u82b1\u65d7\u94f6\u884c\u2014\u2014\u5728 2025 \u5e74\u63a8\u51fa\u6570\u5b57\u8d44\u4ea7\u6258\u7ba1\u670d\u52a1\u3002<\/p>\n<p>&#8211; @intangiblecoins<\/p>\n<h2>\u9884\u8ba1 2025 \u5e74\u5c06\u63a8\u51fa\u81f3\u5c11\u5341\u79cd\u7531\u4f20\u7edf\u91d1\u878d\u652f\u6301\u7684\u7a33\u5b9a\u5e01<\/h2>\n<p>\u4ece 2021 \u5e74\u5230 2024 \u5e74\uff0c\u7a33\u5b9a\u5e01\u5e02\u573a\u5feb\u901f\u589e\u957f\uff0c\u76ee\u524d\u5df2\u6709 202 \u4e2a\u9879\u76ee\uff0c\u5176\u4e2d\u4e00\u4e9b\u4e0e\u4f20\u7edf\u91d1\u878d (TradFi) \u5efa\u7acb\u4e86\u7d27\u5bc6\u8054\u7cfb\u3002\u4e0d\u4ec5\u9879\u76ee\u6570\u91cf\u5728\u589e\u52a0\uff0c\u5176\u4ea4\u6613\u91cf\u7684\u589e\u957f\u901f\u5ea6\u4e5f\u8fdc\u8d85\u4f20\u7edf\u652f\u4ed8\u7f51\u7edc\uff0c\u4f8b\u5982 ACH\uff08\u5e74\u589e\u957f\u7ea6 1%\uff09\u548c Visa\uff08\u5e74\u589e\u957f\u7ea6 7%\uff09\u30022024 \u5e74\uff0c\u7a33\u5b9a\u5e01\u6b63\u9010\u6b65\u878d\u5165\u5168\u7403\u91d1\u878d\u4f53\u7cfb\u3002\u4f8b\u5982\uff0c\u7f8e\u56fd\u8bb8\u53ef\u7684 FV \u94f6\u884c\u5df2\u652f\u6301\u76f4\u63a5\u7a33\u5b9a\u5e01\u5b58\u6b3e\uff0c\u800c\u65e5\u672c\u4e09\u5927\u94f6\u884c\u901a\u8fc7 Pax \u9879\u76ee\u4e0e SWIFT \u5408\u4f5c\uff0c\u4ee5\u5b9e\u73b0\u66f4\u5feb\u3001\u66f4\u4f4e\u6210\u672c\u7684\u8de8\u5883\u8d44\u91d1\u8f6c\u79fb\u3002\u652f\u4ed8\u5e73\u53f0\u4e5f\u5728\u79ef\u6781\u5efa\u8bbe\u7a33\u5b9a\u5e01\u57fa\u7840\u8bbe\u65bd\uff0c\u4f8b\u5982 PayPal \u5728 Solana \u533a\u5757\u94fe\u4e0a\u63a8\u51fa\u4e86 PYUSD \u7a33\u5b9a\u5e01\uff0c\u800c Stripe \u6536\u8d2d\u4e86 Bridge \u516c\u53f8\u4ee5\u539f\u751f\u652f\u6301\u7a33\u5b9a\u5e01\u3002\u6b64\u5916\uff0c\u8d44\u4ea7\u7ba1\u7406\u5de8\u5934\u5982 VanEck \u548c BlackRock \u4e5f\u5728\u4e0e\u7a33\u5b9a\u5e01\u9879\u76ee\u5408\u4f5c\uff0c\u79ef\u6781\u5e03\u5c40\u8fd9\u4e00\u9886\u57df\u3002\u968f\u7740\u76d1\u7ba1\u73af\u5883\u9010\u6e10\u660e\u6670\uff0c\u4f20\u7edf\u91d1\u878d\u673a\u6784\u5c06\u8fdb\u4e00\u6b65\u5c06\u7a33\u5b9a\u5e01\u6574\u5408\u5230\u5176\u4e1a\u52a1\u4e2d\uff0c\u4ee5\u62a2\u5360\u5e02\u573a\u5148\u673a\u5e76\u4e3a\u672a\u6765\u53d1\u5c55\u5960\u5b9a\u57fa\u7840\u3002<\/p>\n<p>&#8211; JW<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/img.bitgetimg.com\/multiLang\/image\/social\/1e3878b07d947a95cb4d9eaa5a4557921735543355793.jpg\" alt=\"Galaxy Research 2025\u5e74\u9884\u6d4b\uff1a\u6bd4\u7279\u5e01\u51b2\u51fb 18.5 \u4e07\uff0c\u4ee5\u592a\u574a\u7a81\u7834 5,500 \u7f8e\u5143 image 11\"><\/p>\n<h2>\u7a33\u5b9a\u5e01\u4f9b\u5e94\u603b\u91cf\u9884\u8ba1\u5c06\u5728 2025 \u5e74\u7ffb\u500d\uff0c\u8d85\u8fc7 4000 \u4ebf\u7f8e\u5143<\/h2>\n<p>\u7a33\u5b9a\u5e01\u5728\u652f\u4ed8\u3001\u6c47\u6b3e\u548c\u7ed3\u7b97\u9886\u57df\u7684\u5e94\u7528\u6b63\u5728\u5feb\u901f\u589e\u957f\u3002\u968f\u7740\u5bf9\u73b0\u6709\u7a33\u5b9a\u5e01\u53d1\u884c\u65b9\u4ee5\u53ca\u4f20\u7edf\u94f6\u884c\u3001\u4fe1\u6258\u548c\u6258\u7ba1\u673a\u6784\u7684\u76d1\u7ba1\u9010\u6b65\u6e05\u6670\uff0c\u9884\u8ba1 2025 \u5e74\u7a33\u5b9a\u5e01\u4f9b\u5e94\u91cf\u5c06\u8fce\u6765\u7206\u53d1\u5f0f\u589e\u957f\u3002<\/p>\n<p>&#8211; @intangiblecoins<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/img.bitgetimg.com\/multiLang\/image\/social\/a693aa01e4c5d8543fa1705756f58b801735543355968.jpg\" alt=\"Galaxy Research 2025\u5e74\u9884\u6d4b\uff1a\u6bd4\u7279\u5e01\u51b2\u51fb 18.5 \u4e07\uff0c\u4ee5\u592a\u574a\u7a81\u7834 5,500 \u7f8e\u5143 image 12\"><\/p>\n<h2>Tether \u7684\u5e02\u573a\u4efd\u989d\u9884\u8ba1\u5c06\u5728 2025 \u5e74\u8dcc\u7834 50%\uff0c\u53d7\u5230\u6536\u76ca\u578b\u7a33\u5b9a\u5e01\u7684\u6311\u6218<\/h2>\n<p>Tether \u5c06\u5176 USDT \u50a8\u5907\u7684\u6536\u76ca\u6536\u5165\u7528\u4e8e\u8d44\u52a9\u6295\u8d44\u7ec4\u5408\uff0c\u4f46\u5176\u4ed6\u7a33\u5b9a\u5e01\u53d1\u884c\u65b9\u548c\u534f\u8bae\u901a\u8fc7\u6536\u76ca\u5206\u6210\u7684\u65b9\u5f0f\u5438\u5f15\u7528\u6237\uff0c\u8fd9\u5c06\u4f7f\u73b0\u6709\u7528\u6237\u4ece Tether \u8f6c\u5411\u6536\u76ca\u578b\u89e3\u51b3\u65b9\u6848\u3002\u4f8b\u5982\uff0cCoinbase \u5728\u5176\u4ea4\u6613\u6240\u548c\u94b1\u5305\u4f59\u989d\u4e0a\u652f\u4ed8\u7684 USDC \u5956\u52b1\u5c06\u6210\u4e3a\u5f3a\u5927\u7684\u5438\u5f15\u529b\uff0c\u4e0d\u4ec5\u63a8\u52a8\u6574\u4e2a DeFi \u9886\u57df\uff0c\u8fd8\u53ef\u80fd\u88ab\u91d1\u878d\u79d1\u6280\u516c\u53f8\u6574\u5408\u4ee5\u542f\u7528\u65b0\u7684\u5546\u4e1a\u6a21\u5f0f\u3002\u4f5c\u4e3a\u5e94\u5bf9\uff0cTether \u53ef\u80fd\u4f1a\u5f00\u59cb\u5c06\u62b5\u62bc\u8d44\u4ea7\u7684\u6536\u76ca\u5206\u914d\u7ed9 USDT \u6301\u6709\u8005\uff0c\u751a\u81f3\u53ef\u80fd\u63a8\u51fa\u5177\u6709\u7ade\u4e89\u529b\u7684\u6536\u76ca\u578b\u4ea7\u54c1\uff0c\u4f8b\u5982\u4e00\u79cd\u5e02\u573a\u4e2d\u6027\u7a33\u5b9a\u5e01\u3002<\/p>\n<p>&#8211; @FullNodeChuck<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/img.bitgetimg.com\/multiLang\/image\/social\/67b2bbffbfc3af5590d43e388f1ffecd1735543356201.jpg\" alt=\"Galaxy Research 2025\u5e74\u9884\u6d4b\uff1a\u6bd4\u7279\u5e01\u51b2\u51fb 18.5 \u4e07\uff0c\u4ee5\u592a\u574a\u7a81\u7834 5,500 \u7f8e\u5143 image 13\"><\/p>\n<h2>\u52a0\u5bc6\u98ce\u9669\u6295\u8d44 (VC) \u603b\u8d44\u672c\u6295\u8d44\u9884\u8ba1\u5c06\u5728 2025 \u5e74\u8d85\u8fc7 1500 \u4ebf\u7f8e\u5143\uff0c\u540c\u6bd4\u589e\u5e45\u8d85\u8fc7 50%<\/h2>\n<p>\u968f\u7740\u5229\u7387\u4e0b\u964d\u548c\u52a0\u5bc6\u76d1\u7ba1\u73af\u5883\u7684\u6539\u5584\uff0c\u6295\u8d44\u8005\u5bf9\u98ce\u9669\u6295\u8d44\u7684\u5174\u8da3\u5c06\u663e\u8457\u589e\u52a0\uff0c\u63a8\u52a8\u98ce\u9669\u6295\u8d44\u6d3b\u52a8\u7684\u6fc0\u589e\u3002\u52a0\u5bc6\u98ce\u9669\u6295\u8d44\u7684\u7b79\u8d44\u5386\u53f2\u4e0a\u4e00\u76f4\u6ede\u540e\u4e8e\u66f4\u5e7f\u6cdb\u7684\u52a0\u5bc6\u5e02\u573a\u8d8b\u52bf\uff0c\u800c\u672a\u6765\u56db\u4e2a\u5b63\u5ea6\u53ef\u80fd\u4f1a\u51fa\u73b0\u201c\u8d76\u8d85\u201d\u73b0\u8c61\u3002<\/p>\n<p>&#8211; @hiroto_btc \u3001 @intangiblecoins<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/img.bitgetimg.com\/multiLang\/image\/social\/0c8c4b71d2a134b993d6effb6c6b3d9d1735543356424.jpg\" alt=\"Galaxy Research 2025\u5e74\u9884\u6d4b\uff1a\u6bd4\u7279\u5e01\u51b2\u51fb 18.5 \u4e07\uff0c\u4ee5\u592a\u574a\u7a81\u7834 5,500 \u7f8e\u5143 image 14\"><\/p>\n<h2>\u7a33\u5b9a\u5e01\u7acb\u6cd5\u9884\u8ba1\u5c06\u5728 2025 \u5e74\u901a\u8fc7\u7f8e\u56fd\u56fd\u4f1a\u4e24\u9662\u5e76\u7531\u7279\u6717\u666e\u603b\u7edf\u7b7e\u7f72\uff0c\u4f46\u5e02\u573a\u7ed3\u6784\u7acb\u6cd5\u53ef\u80fd\u4e0d\u4f1a\u901a\u8fc7<\/h2>\n<p>\u4e00\u9879\u4e3a\u7a33\u5b9a\u5e01\u53d1\u884c\u65b9\u5236\u5b9a\u6ce8\u518c\u548c\u76d1\u7ba1\u6846\u67b6\u7684\u7acb\u6cd5\u9884\u8ba1\u5c06\u5728\u4e24\u515a\u652f\u6301\u4e0b\u901a\u8fc7\uff0c\u5e76\u5728 2025 \u5e74\u5e95\u4e4b\u524d\u7b7e\u7f72\u6210\u4e3a\u6cd5\u5f8b\u3002\u7f8e\u5143\u652f\u6301\u7684\u7a33\u5b9a\u5e01\u4f9b\u5e94\u7684\u589e\u957f\u5c06\u5de9\u56fa\u7f8e\u5143\u7684\u5168\u7403\u4e3b\u5bfc\u5730\u4f4d\uff0c\u5e76\u8fdb\u4e00\u6b65\u4fc3\u8fdb\u7f8e\u56fd\u56fd\u503a\u5e02\u573a\u7684\u53d1\u5c55\u3002\u7ed3\u5408\u5bf9\u94f6\u884c\u3001\u4fe1\u6258\u548c\u6258\u7ba1\u673a\u6784\u9650\u5236\u7684\u653e\u5bbd\uff0c\u7a33\u5b9a\u5e01\u7684\u91c7\u7528\u9884\u8ba1\u5c06\u663e\u8457\u589e\u957f\u3002\u7136\u800c\uff0c\u5e02\u573a\u7ed3\u6784\u7acb\u6cd5\uff08\u4f8b\u5982\u4e3a\u4ee3\u5e01\u53d1\u884c\u65b9\u548c\u4ea4\u6613\u6240\u5236\u5b9a\u6ce8\u518c\u3001\u62ab\u9732\u548c\u76d1\u7ba1\u8981\u6c42\uff0c\u6216\u8c03\u6574 SEC \u548c CFTC \u7684\u73b0\u6709\u89c4\u5219\u4ee5\u6db5\u76d6\u8fd9\u4e9b\u5b9e\u4f53\uff09\u56e0\u590d\u6742\u6027\u8f83\u9ad8\uff0c\u9884\u8ba1\u4e0d\u4f1a\u5728 2025 \u5e74\u5b8c\u6210\u5e76\u7b7e\u7f72\u6210\u4e3a\u6cd5\u5f8b\u3002<\/p>\n<p>&#8211; @intangiblecoins<\/p>\n<h2>\u7f8e\u56fd\u653f\u5e9c\u9884\u8ba1\u4e0d\u4f1a\u5728 2025 \u5e74\u8d2d\u4e70\u6bd4\u7279\u5e01\uff0c\u4f46\u53ef\u80fd\u5229\u7528\u73b0\u6709\u50a8\u5907\u5efa\u7acb\u5e93\u5b58\uff0c\u5e76\u5728\u653f\u5e9c\u90e8\u95e8\u548c\u673a\u6784\u95f4\u63a8\u52a8\u6269\u5927\u6bd4\u7279\u5e01\u50a8\u5907\u653f\u7b56\u7684\u8ba8\u8bba<\/h2>\n<h3>&#8211; @intangiblecoins<\/h3>\n<h2 class=\"_content_replace_h1\">\u7f8e\u56fd\u8bc1\u5238\u4ea4\u6613\u59d4\u5458\u4f1a (SEC) \u9884\u8ba1\u5c06\u5bf9 Prometheum \u5c55\u5f00\u8c03\u67e5\uff0c\u8fd9\u662f\u4e00\u5bb6\u9996\u4e2a\u201c\u7279\u6b8a\u76ee\u7684\u7ecf\u7eaa\u5546\u201d<\/h2>\n<p>Prometheum\uff0c\u8fd9\u5bb6\u6b64\u524d\u4e0d\u4e3a\u4eba\u77e5\u7684\u7ecf\u7eaa\u5546\uff0c\u5728 2023 \u5e74\u7a81\u7136\u83b7\u5f97\u4e86\u4e00\u79cd\u5168\u65b0\u7684\u7ecf\u7eaa\u5546\u724c\u7167\uff0c\u5e76\u516c\u5f00\u652f\u6301 SEC \u4e3b\u5e2d Gensler \u5173\u4e8e\u6570\u5b57\u8d44\u4ea7\u8bc1\u5238\u5730\u4f4d\u7684\u89c2\u70b9\uff0c\u8fd9\u4e00\u60c5\u51b5\u5f15\u53d1\u4e86\u5e7f\u6cdb\u8d28\u7591\u3002\u5176 CEO \u5728\u56fd\u4f1a\u542c\u8bc1\u4f1a\u4e0a\u53d7\u5230\u5171\u548c\u515a\u8bae\u5458\u7684\u8d28\u95ee\uff0c\u800c\u6839\u636e FINRA \u8bb0\u5f55\uff0cPrometheum \u7684\u66ff\u4ee3\u4ea4\u6613\u7cfb\u7edf (ATS) \u5c1a\u672a\u8fdb\u884c\u4efb\u4f55\u4ea4\u6613\u3002\u5171\u548c\u515a\u4eba\u5df2\u547c\u5401\u53f8\u6cd5\u90e8\u548c SEC \u8c03\u67e5 Prometheum \u662f\u5426\u201c\u4e0e\u4e2d\u56fd\u6709\u8054\u7cfb\u201d\uff0c\u540c\u65f6\u6709\u4eba\u6307\u51fa\u5176\u7b79\u8d44\u548c\u8d22\u52a1\u62a5\u544a\u4e2d\u5b58\u5728\u4e0d\u89c4\u8303\u884c\u4e3a\u3002\u65e0\u8bba\u662f\u5426\u5c55\u5f00\u8c03\u67e5\uff0c\u9884\u8ba1\u201c\u7279\u6b8a\u76ee\u7684\u7ecf\u7eaa\u5546\u201d\u724c\u7167\u5c06\u5728 2025 \u5e74\u88ab\u5e9f\u9664\u3002<\/p>\n<p>&#8211; @intangiblecoins<\/p>\n<h2>Dogecoin \u6216\u5c06\u5728 2025 \u5e74\u9996\u6b21\u7a81\u7834 1 \u7f8e\u5143\uff0c\u5e02\u503c\u9884\u8ba1\u8fbe\u5230 1000 \u4ebf\u7f8e\u5143<\/h2>\n<p>\u4f5c\u4e3a\u5168\u7403\u6700\u77e5\u540d\u3001\u5386\u53f2\u6700\u60a0\u4e45\u7684\u8ff7\u56e0\u5e01 (memecoin)\uff0cDogecoin \u7684\u5e02\u573a\u8868\u73b0\u5c06\u5728 2025 \u5e74\u8fbe\u5230\u65b0\u7684\u9ad8\u5cf0\u3002\u7136\u800c\uff0c\u5176\u5e02\u503c\u7684\u5dc5\u5cf0\u53ef\u80fd\u4f1a\u88ab\u201c\u653f\u5e9c\u6548\u7387\u90e8\u95e8\u201d\u7684\u9884\u7b97\u524a\u51cf\u91d1\u989d\u6240\u8d85\u8d8a\u3002\u8be5\u90e8\u95e8\u9884\u8ba1\u5c06\u5728 2025 \u5e74\u8bc6\u522b\u5e76\u6210\u529f\u5b9e\u65bd\u8d85\u8fc7 Dogecoin \u5e02\u503c\u5cf0\u503c\u7684\u524a\u51cf\u63aa\u65bd\u3002<\/p>\n<p>&#8211; @intangiblecoins<\/p>\n<p><strong>\u58f0\u660e\uff1a<\/strong><\/p>\n<p>Galaxy \u548c\/\u6216 Galaxy Research \u7684\u6210\u5458\u6301\u6709\u6bd4\u7279\u5e01\u3001\u4ee5\u592a\u574a\u548c Dogecoin\u3002\u8bb8\u591a\u9884\u6d4b\u672a\u88ab\u5206\u4eab\uff0c\u4e5f\u6709\u66f4\u591a\u9884\u6d4b\u53ef\u4ee5\u88ab\u63d0\u51fa\u3002\u8fd9\u4e9b\u9884\u6d4b\u4e0d\u662f\u6295\u8d44\u5efa\u8bae\uff0c\u4e5f\u4e0d\u6784\u6210\u8d2d\u4e70\u6216\u51fa\u552e\u4efb\u4f55\u8bc1\u5238\uff08\u5305\u62ec Galaxy \u8bc1\u5238\uff09\u7684\u8981\u7ea6\u3001\u63a8\u8350\u6216\u9080\u8bf7\u3002\u8fd9\u4e9b\u9884\u6d4b\u4ec5\u4ee3\u8868 Galaxy Research \u56e2\u961f\u622a\u81f3 2024 \u5e74 12 \u6708\u7684\u89c2\u70b9\uff0c\u4e0d\u4e00\u5b9a\u53cd\u6620 Galaxy \u6216\u5176\u4efb\u4f55\u5173\u8054\u65b9\u7684\u7acb\u573a\u3002\u8fd9\u4e9b\u9884\u6d4b\u4e0d\u4f1a\u66f4\u65b0\u3002<\/p>\n<p>\u514d\u8d23\u58f0\u660e\uff1a\u672c\u6587\u7ae0\u4ec5\u4ee3\u8868\u4f5c\u8005\u4e2a\u4eba\u89c2\u70b9\uff0c\u4e0d\u4ee3\u8868\u672c\u5e73\u53f0\u7684\u7acb\u573a\u548c\u89c2\u70b9\u3002\u672c\u6587\u7ae0\u4ec5\u4f9b\u4fe1\u606f\u5206\u4eab\uff0c\u4e0d\u6784\u6210\u5bf9\u4efb\u4f55\u4eba\u7684\u4efb\u4f55\u6295\u8d44\u5efa\u8bae\u3002\u7528\u6237\u4e0e\u4f5c\u8005\u4e4b\u95f4\u7684\u4efb\u4f55\u4e89\u8bae\uff0c\u4e0e\u672c\u5e73\u53f0\u65e0\u5173\u3002<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Tether \u7684\u5e02\u573a\u4efd\u989d\u9884\u8ba1\u5c06\u5728 2025 \u5e74\u8dcc\u7834 50%\uff0c\u53d7\u5230\u6536\u76ca\u578b\u7a33\u5b9a\u5e01\u7684\u6311\u6218\u3002 \u4f5c\u8005\uff1a Galaxy R [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-546","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/www.yunsiwang.com\/index.php?rest_route=\/wp\/v2\/posts\/546","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.yunsiwang.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.yunsiwang.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.yunsiwang.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.yunsiwang.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=546"}],"version-history":[{"count":0,"href":"https:\/\/www.yunsiwang.com\/index.php?rest_route=\/wp\/v2\/posts\/546\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.yunsiwang.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=546"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.yunsiwang.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=546"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.yunsiwang.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=546"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}