U.S. venture capital firm Andreessen Horowitz (a16z) has presented its new State of Crypto 2025 report, outlining a clear vision for the future of the crypto industry. According to analysts, the market is entering a deep maturation phase — led by Bitcoin, stablecoins, and a surge of institutional capital.

The report states that “Bitcoin continues to dominate, accounting for more than half of total crypto market capitalization.” While the global crypto market has largely recovered since the previous bull run, the focus is now shifting toward professional investors. “2025 is the year of institutional adoption,” a16z notes.

Major banks and tech giants — BlackRock, Fidelity, J.P. Morgan, Visa, and PayPal — are integrating crypto products into their core services. Notably, Bitcoin and Ethereum ETFs now hold over 175 billion USD in on-chain assets.

A separate section of the report highlights the rise of stablecoins. Once considered a niche product, they are now described as “one of the fastest and cheapest ways to send U.S. dollars — in less than a second and for less than one cent.”

With an annual transaction volume of 46 trillion USD, stablecoins have already surpassed PayPal and Visa, “rivaling the world’s largest payment networks.” Meanwhile, issuers such as Tether and Circle now hold over 150 billion USD in U.S. Treasuries, ranking them among “the 20 largest holders of U.S. government bonds worldwide.”

The DeFi and blockchain infrastructure sectors are also expanding rapidly. “Modern blockchains now process over 3,400 transactions per second — a hundred times more than in 2020.” According to the report, Solana has become “a hub for on-chain economic activity,” while Ethereum has achieved “record throughput and low fees” thanks to its Layer 2 upgrades.

The U.S., a16z notes, is providing increasing regulatory clarity through new laws like the Digital Asset Clarity Act, making the market “stronger than ever.” The firm expects that by 2025, over 30 billion USD worth of real-world assets will be tokenized on-chain.

For those looking to join the new crypto era, a16z emphasizes that it’s easier than ever to get started. Begin by choosing a reliable trading platform — on FORECK.INFO you’ll find an online rating of crypto exchanges, allowing you to compare fees, features, and reliability before choosing a trusted platform for trading.