Voices of the Crypto: The 2025 Year in Review
Experts reviewed 2025, noting institutional integration, the death of the four-year cycle, and the rise of AI-assisted participation in a professionalized crypto market.Summary
The 2025 cryptocurrency year in review, featuring insights from Fernando Lillo Aranda (Zoomex), Griffin Ardern (BloFin Research), and Vivien Lin (BingX Labs), highlights a systemic overhaul driven by deep institutional integration, moving beyond simple speculation.
Aranda described this as "Invisible Manipulation," where sophisticated derivatives and market structuring by institutions dictate price action, suggesting the market is now managed and calculated. Lin proposed that the traditional four-year cycle is dead, replaced by faster, technology-driven waves shaped by innovation rather than just hype. Winners included Solana, fueled by Memecoins, and Hyperliquid in DeFi, though Lin emphasized that sector rotation was the true sign of market health.
Macro factors, including the "Trump Trade" and fiscal policies like the OBBBA, heavily influenced the market. Ardern noted that despite record highs, institutions still view Bitcoin as a "highly sensitive risk asset" due to derivatives leverage, not a true safe haven. Finally, Lin argued that AI is the new user base, with AI-enhanced agents lowering barriers and increasing on-chain sophistication, setting the stage for a complex 2026 due to lingering fiscal hangover.
(Source：BeInCrypto)