DFW Labs 发布 2026 年行业回顾与展望，2025 年加密市场累计爆仓超过 190 亿美元，杠杆出清使市场重心从“叙事驱动”转向更偏资产负债表、流动性与收益机制的结构性定价。并指出稳定币总供给同比增长超过 50%，其中收益型稳定币规模已超过 200 亿美元，需求正从“支付工具”进一步转向“资产管理与资金效率”场景。

<div>DFW Labs 发布 2026 年行业回顾与展望，2025 年加密市场累计爆仓超过 190 亿美元，杠杆出清使市场重心从“叙事驱动”转向更偏资产负债表、流动性与收益机制的结构性定价。并指出稳定币总供给同比增长超过 50%，其中收益型稳定币规模已超过 200 亿美元，需求正从“支付工具”进一步转向“资产管理与资金效率”场景。<br><br></div>

DFW Labs 2026 年行业回顾与展望报告

DFW Labs released its 2026 industry review and outlook, noting that the crypto market saw over $19 billion in liquidations in 2025. This deleveraging shifted market focus from narrative-driven factors to structural pricing more oriented towards balance sheets, liquidity, and yield mechanisms. The report also pointed out that the total supply of stablecoins grew by over 50% year-on-year, with yield-generating stablecoins exceeding $20 billion in market capitalization. Demand is shifting from "payment tools" to "asset management and capital efficiency" scenarios.

<div>DFW Labs released its 2026 industry review and outlook, noting that the crypto market saw over $19 billion in liquidations in 2025. This deleveraging shifted market focus from narrative-driven factors to structural pricing that prioritizes balance sheets, liquidity, and yield mechanisms. The report also pointed out that the total supply of stablecoins grew by over 50% year-on-year, with yield-generating stablecoins exceeding $20 billion in value. Demand is shifting from &quot;payment tools&quot; to &quot;asset management and capital efficiency&quot; scenarios.<br><br></div>

DFW Labs 2026 Industry Review and Outlook Report

According to ME News, on December 24th (UTC+8), Yi Lihua posted on the X platform stating that he believes the current period is the best buying opportunity for ETH and is optimistic about a bull market in 2026, setting a future target price of $10,000 for ETH. Reflecting on past experiences, Yi Lihua mentioned that he liquidated his BTC holdings when it was between $7,000 and $8,000 due to the unbearable bear market, avoiding the March 12th drop but missing out on the subsequent rise to $69,000. Regarding the current market, Yi Lihua stated that he completed his exit strategy before October 11th...

Yi Lihua: ETH's future target is $10,000, and the current price range is the best for buying.

An experimental art project in Brazil has been granted permission to raise $197,000 to host a concert that transforms real-time Bitcoin price data into symphonic music.

Brazilian orchestra transforms Bitcoin price fluctuations into live symphonic music.

The next phase of development for the crypto sector is quietly underway, with stories surrounding crypto gradually shifting towards its use in everyday life. The increasing popularity of crypto...