What are you most excited about for crypto in 2025?

for me, in random order...

1. Stablecoin payments
2. Prediction markets
3. The rise of the self custodial "super apps"
4. Decentralized social
5. Base
6. Getting legislation passed in the US
7. Bitcoin Strategic Reserve
8. Tokenized traditional securities
9. Getting capital formation onchain
10. Getting perpetual futures approved in the US

8. Is something that Coinbase is uniquely positioned to do and would be exciting. 

Imagine if it started with itself and went from offchain $coin to onchain $coin. 

You’d finally be able to buy Coinbase in Coinbase.

Is tokenising securities with un-ruggable programming a good idea?
A portion of up momentum could be set aside to secure a baseline value for the security. This would provide a guaranteed value and protect pension funds etc from being wiped out entirely.
Other mechanics like max 10% move in 24 hrs or circuit breakers would also be appealing to me.