#美国实施新关税政策# The crypto assets market is undergoing a transformation, and looking ahead to 2025, we are likely to witness the emerging crypto assets currently known as "little puppies" gradually grow into "big dogs"—important players in the market. Bitcoin ( BTC ), Ethereum ( ETH ), and Ripple ( XRP ), among other mainstream crypto assets, will continue to lead this shift. As institutional adoption increases and the regulatory environment becomes clearer, their market positions may further solidify. This process will be accompanied by an increase in market maturity, shifting investment logic from pure speculation to a greater focus on fundamentals and evaluations of actual application scenarios. It is worth noting that this transformation is reflected not only in price movement but also in the improvement of these digital asset ecosystems and the expansion of application scenarios.