In 2025, there are three major industry wide changes worth looking forward to: 1) The AI Agent race can break through the chaotic era of pure PVP market and enter the DeFai stage GameFai、MetAiverse、 The PVE development dividend period with blockchain, AI platform, DePIN and other main themes; 2) The chain abstraction track can lead the market into a new stage driven by user experience (UX). Innovative products such as UniversalX, Hyperliquid, Cowswap, etc. will play a key role in integrating DEX dispersed liquidity on the chain, combating CEX liquidity monopoly, and achieving intended transactions; 3) The BTCFi track can become a key area of focus under the Trump crypto government's policy benefits. A group of BTCFi projects can receive incremental funds from BTC ETF institutions, introduce traditional finance to the industry, develop RWA, and create new possibilities for Mass Adoption.