💎 Ethereum 2025 Annual Summary: From 'Experimental Network' to Global Infrastructure

Ethereum Foundation member renaissancing releases year-end summary:

🔹 Protocol Layer

Two hard forks a year (Pectra, Fusaka), completed smoothly under a scale of hundreds of billions of dollars

Account abstraction fully implemented, Gas payment delegation, Passkey become a reality. PeerDAS promotes 8× scaling, significantly reducing transaction costs

Gas limits adjusted multiple times without forks, network begins 'self-evolution'

🔹 Regulation and Institutions

SEC clarifies: Ethereum is not a security.

GENIUS Act implemented, stablecoins enter federal regulatory framework.

JPMorgan, BlackRock, ETF funds fully enter the mainnet

🔹 Ecosystem Explosion

L2 maturity: Base, Arbitrum, zkSync low fees, high frequency, L2 total TVL $35.7B, transaction volume exceeds the mainnet

DeFi TVL $93.9B, Uniswap annual trading volume surpasses $1T

🔹 Stablecoins and Real-World Assets

Stablecoin supply $300B, annual transaction $46T, Ethereum market share 54%

RWA scale exceeds $30B, dominant position established

🔹 Settlement Layer in the AI Era

ERC-8004, AI Agent, machine micropayments start to be implemented

When AI needs to transact, Ethereum is already prepared