Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack.
Price action may have been mostly sideways so far in 2025.
But 2025 isn’t a hangover year — it’s the year crypto goes mainstream.
Literally, with their estimated number of monthly active crypto users growing to 40M-70M, up 10M from last year as the total crypto market cap passed $4T.
The report pairs narrative with data (and a live dashboard) covering institutional adoption, stablecoins, faster/cheaper chains, RWAs, and the crypto-AI crossover.
Here’s a brief TL;DR of the key trends from the report:
The written report also came with a very nice data visualization dashboard, which showed a few other key trends:
People often associate crypto with negative activities (money laundering) or focus on the bad headlines more than the good.
It’s refreshing to see a16z’s annual report to refocus on all the positive things happening in crypto.
And 2025 has truly been a banner year.
Crypto is as exciting as it’s ever been. Don’t lose the plot…
Here’s a rundown of major token, protocol and airdrop news from the day:
Here is the list of other notable headlines from the day in NFTs:
