币界网报道：2025 has already proven to be a landmark year for the crypto industry, marked by unprecedented volatility and pivotal developments. In January, Bitcoin surged past $100,000 for the first time, driven by institutional adoption and ETF approvals, only to plummet 30% weeks later amid regulatory scrutiny. Ethereum’s long-awaited "Dencun" upgrade in February significantly reduced Layer 2 transaction costs, boosting DeFi activity. Meanwhile, the SEC’s lawsuit against a major stablecoin issuer in March sent shockwaves through the market, raising concerns over centralized stablecoins. April saw the collapse of a top-tier crypto exchange due to liquidity issues, prompting calls for stricter oversight. On the brighter side, Ripple’s victory in its prolonged legal battle with the SEC set a precedent for clearer regulations. NFT trading volumes rebounded in Q2 as gaming and metaverse projects gained traction, while AI-integrated blockchain platforms emerged as a new trend. With CBDC trials expanding globally and institutional players doubling down on crypto infrastructure, the industry continues to evolve at breakneck speed.