TechFlow news, August 16 — QCP Group released its 2025 mid-year review of the cryptocurrency market, noting that digital asset markets withstood macroeconomic shocks in the first half of the year and subsequently staged a strong rebound, with Ethereum rising 43.9% following its Pectra upgrade.
Stablecoins and tokenized real-world assets (RWA) served as safe havens during market turbulence: the stablecoin sector expanded from $197.5 billion to $233.88 billion (an 18.4% increase), while on-chain RWA value surpassed $25 billion.
In addition, traditional finance accelerated its entry into crypto, with Circle's successful listing, Robinhood's acquisition of Bitstamp, and multiple public companies building Bitcoin treasuries. Key market catalysts expected in the second half of 2025 include regulatory clarity and licensing guidance, stablecoin adoption by major retailers (Amazon, Walmart, and Stripe), and potential Federal Reserve rate cuts, which could boost market risk appetite for DeFi tokens, alternative L1s, and RWA protocols.
