Delphi Researcher: DePIN's total market value is expected to increase fivefold by 2025

Delphi researcher Robbie Petersen published a forecast for the cryptocurrency market in 2025 on the X platform. The main points are as follows: As the MEV supply chain matures, roles such as exchanges and validators will face more competition, while the front end will maintain its monopoly; The total market value of the DePIN market will increase fivefold in 2025; The application of crypto payment infrastructure in proxy transactions is limited, and traditional payment channels will continue in 2025; Stablecoins will no longer be just a lubricant for DeFi, but a real medium of exchange; In 2025, the number of monthly active stablecoin addresses will exceed 50 million, and the stablecoin market will usher in a multi-faceted warming; The boundary between wallets and applications has become blurred; Chain abstraction is gradually becoming irrelevant as the wallet layer moves towards practical application general L2s.