2026-01-05 17:23:58

In 2025, the crypto market has undergone an unprecedented baptism. In this highly competitive cycle, the battle for practicality and large-scale adoption is more intense than ever. Despite numerous challenges, some established ecosystem projects continue to demonstrate resilience — this persistence has been ongoing since 2015.

Do you remember the jokes from the crypto circle back in the day? Whitepapers, roadmaps, funding promises, yet none of them had truly usable applications. But if you still think that way now, it shows you haven't been paying much attention to industry developments.

Over the past year, things have started to change. Regulatory agencies, developer communities, and on-chain ecosystems are actively pushing for real project implementations. Applications on data chains, digitalization of supply chains, enterprise-level solutions — these are no longer promises on PPT slides but real, operational systems.

What kind of projects will survive in 2025? Not those relying on fundraising stories or community hype, but those that can genuinely solve problems and create value. The market is making choices, investors are making choices, and users are making choices.

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just_another_wallet

· 53m ago

Speaking of which, over the past two years, we've seen projects go from whitepapers flying everywhere to actually being usable. The transformation has been quite significant, but the knockout stage has just begun. Projects with more funding are now pretty much useless; the key is whether they can be implemented. There's nothing wrong with that statement. I'm not joking. There used to be a bunch of scam coins, but now they're gradually dying out. The ones that survive are the ones working hard with real effort. This round truly depends on practicality; no matter how good the stories were before, they are useless now. It's quite good if old projects can hold on; new projects need to be more cautious. Honestly, I am a bit pessimistic. There aren't as many truly usable applications as you might think. Resilience is easy to talk about, but how many will actually make it to 2025?

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fork_in_the_road

· 3h ago

Finally, someone has spoken out. Over the past two years, I've seen too many projects die in their whitepapers. Now, it's actually those who work quietly behind the scenes who are thriving the most. The old brothers can't hold back anymore; they need to create something substantial. But to be honest, only a few applications can really take off; most are still just storytelling. After this wave, we'll see who is truly building and who is just harvesting profits. Tired of the promises in roadmaps, just show me the code and real data.

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MidnightTrader

· 01-05 17:53

Really, this wave is truly different. The projects that were bragging all day are now dead. It's the same old story: you need real substance to survive until now. Concepts alone have long since cooled off. Supply chain, enterprise solutions—are these actually implemented? Are you serious, brother? Honestly, as I always say, only those that can make money are good ecosystems. This cycle is about淘汰水项目 (eliminating superficial projects) and洗出真正的builders (finding genuine builders).

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ForkTrooper

· 01-05 17:49

Honestly, this round of reshuffling is really intense, but I still admire some old projects that have survived until now. However, I'm more concerned about those that are truly doing work—stop just bragging. To be honest, who still believes in the white paper approach? It all depends on real-world applications and tangible results. That's what I want to see—stop with the虚的, show me what users are actually using. It feels like this round has indeed淘汰ed quite a few韭菜, now it's all about who truly has value. But to be fair, who won this round still depends on subsequent data. It mainly depends on whether these projects can truly吸收用户; having code without users is pointless. This logic makes sense—the market is the best judge.

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fomo_fighter

· 01-05 17:29

The projects that truly survive have been quietly working all along; the fundraising stories are long overdue to die.

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TokenomicsShaman

· 01-05 17:24

The era of whitepapers is dead; now it's all about who can truly implement things. Fundraising stories no longer fool people; by 2025, it's the age of product capability speaking. A decade-old project is still persisting, while newcomers have been washed out—that's the difference. To be honest, most are still bragging; only a few truly work. Regulation has accelerated the淘汰; the remaining are genuine players. From PPTs to real systems, it sounds simple but is incredibly difficult to actually do. User votes with their feet, and this time, they won't be deceived.

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