One thing that stood out in the State of Crypto 2025 report wasn’t just the numbers, it was the stack of consistent proofs of real adoption.
Stablecoin volumes hit new highs this year, crossing the trillion-dollar mark again, but the interesting part is where the activity comes from. It’s everyday payments, remittances, settlements. Quiet, steady use.
And despite all the noise around market cycles, the number of active developers keeps rising. More people are building, experimenting, and sticking around, even when prices aren’t exciting.
Feels like crypto finally looks less like a story of hype and more about building the rails that others will eventually use without even noticing.
Read more: https://a16zcrypto.com/posts/article/state-of-crypto-report-2025/
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