PANews reported on January 16th that, according to a recent report by Chainalysis, Iran's cryptocurrency ecosystem is projected to reach approximately $7.78 billion by 2025, exceeding the growth rate of the previous year. Domestic protests and currency devaluation are considered major driving factors. The report points out that during the large-scale protests and internet censorship at the end of December last year, the number of Iranians withdrawing Bitcoin from exchanges to their personal wallets surged, with Bitcoin being seen as a preferred safe-haven asset during the crisis. Meanwhile, addresses associated with the Iranian Islamic Revolutionary Guard Corps received over 50% of the country's cryptocurrency value in the fourth quarter of 2025, demonstrating the increased reliance of state-backed actors on crypto channels under sanctions.