## 2025 Cryptocurrency Narratives: Which Are Genuine and Which Are Bubble—Dissecting the Market's "Real Talk"
The crypto market has always been driven by narratives. As we move several months into 2025, approximately 20 major narratives are unfolding simultaneously within the industry, some of which are creating real value, while others are inflated solely by investor expectations.
### **Progressing Layer Implementations—RWA, Stablecoins, Perpetual Contracts**
**RWA (Real-World Asset Tokenization) has surpassed the $20 billion mark.** From mere conceptual stages, it has transitioned into a pha
View Original