#预测市场活动 The crypto market in 2025 is like a necessary "spring cleaning" — bubbles burst, speculators exit, hollow narratives are ruthlessly cleaned out. It sounds heavy, but what I see is hope.

The real turning point is: **We are finally starting to tell the truth**. Projects like Hyperliquid and Pendle prove what it means to have real income support and genuine users in Web3 applications. No more fanciful stories, only black-and-white data — over 60 protocols have achieved monthly revenues of over $1 million, which is real growth.

I especially want to talk about **prediction markets** — this sector has been validated. The explosive growth of Polymarket and Kalshi is no coincidence, but a vote of confidence from users and institutions with real money. With $POLY launching and more distribution channels opening, prediction markets are likely to become the core narrative of 2026. Imagine every decision, every uncertainty being quantifiable through on-chain predictions — this is a real example of Web3 transforming information efficiency.

There’s also stablecoins, with net inflows exceeding $100 billion this year, and giants like Visa, Stripe, and Mastercard are integrating. Cross-border payments, transparent settlements, 24-hour liquidity — these advantages are turning Web3 from an "experimental zone" into "infrastructure."

Market cleansing will be painful, but the ecosystem after the cleanse will be ten times better. The standard for future winners is simple: **Having revenue, users, and a valuable liquidity mechanism**. It’s not about narratives, it’s about cash flow.

This is my expectation for 2026.