2026-01-08 07:20:31

The crypto financing market in 2025 is booming, and this heat is not虚假的——the total annual financing amount directly reached $25 billion, marking the second-highest point in history, only surpassed by the疯狂牛市 of 2021. However, this round of热度 differs from that year; it’s no longer just泡泡, and appears more solid.

I spent several weeks analyzing 6,723 financing cases to understand where the money is truly flowing. The data reveals several明显的分化线.

**The prediction market is igniting.** 2025 is a big year for this sector and the only area within Web3 that has truly突破圈层 and attracted mainstream consumers. Polymarket and Kalshi, two leading platforms, are fiercely competing and rapidly expanding their partnerships. Now, you can see their presence in Google searches and major media outlets. From niche circles to mainstream visibility, they’ve made a successful move.

**RWA and cybersecurity have become the new favorites for financing.** This reflects a trend: cryptocurrencies, shedding their标签 as“投机工具,” are becoming a常规军 in the financial system, with increasingly稳固的基本面.

The contrast is stark——**NFT sector is冷透了.** Entrepreneurs developing NFTs are having a tough time, with financing basically冷场. This is completely opposite to the overall market trend leaning towards实用性 and金融属性.

The flow of funds tells everything: the market is用脚投票, choosing directions that can走出圈 and have real应用场景. The difference in this round of financing热度 is not in quantity but in quality.

RWA-0,84%

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DaoDeveloper

· 16h ago

ngl the NFT burial hits different when you look at the actual allocation patterns... prediction markets finally cracking mainstream adoption is wild tho, that's the governance primitive we've been waiting for

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liquiditea_sipper

· 19h ago

$25 billion is not a small number, but I'm more concerned about whether the money is really flowing into useful things... It seems that the prediction market is indeed breaking out of its niche, and ordinary people are now using platforms like Polymarket. This is real progress. However, I can't quite understand why NFTs have cooled off so much. What happened to those who were hyping them so aggressively... It feels like the money just moved somewhere else, drifting from nothingness back to nothingness.

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SerLiquidated

· 01-08 07:46

The prediction market is really picking up, and I can also feel the buzz over at Polymarket. However, it's a bit cruel how NFTs have been completely neglected...

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DataOnlooker

· 01-08 07:36

$25 billion is real, but I care more about the fact that the prediction market has truly broken into the mainstream this time, finally seeing an application beyond just hype... The NFT guys better learn from this; without real-world use cases, they'll just be waiting to be frozen out... RWA (Real-World Assets) is the real king; the stability of the financial fundamentals is essential for Web3 to survive... The surge in prediction markets—is it genuine demand or just another round of cutting the leeks? It looks a bit like the latter... $25 billion is indeed a lot, but I don't know how long it can last... Polymarket and Kalshi have finally brought prediction markets into the mainstream spotlight... The era of NFTs is over; a cold funding environment is normal, and those who should exit early have already done so... The amount of funding isn't the key; what's important is where the money flows. RWA and security are indeed reliable tracks... You're right, the market is choosing—those with real applications are alive, while those just blowing bubbles are waiting to die...

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AirdropHarvester

· 01-08 07:28

Prediction markets are really gaining popularity. Polymarket's breakout this time is quite impressive and much more reliable than those pump-and-dump coins in 2021. However, NFT entrepreneurs are probably feeling quite uncomfortable right now...

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