PANews reported on July 17 that Binance Research Institute's 2025 H1 Crypto Industry Research Report showed that the crypto market showed moderate growth in the first half of 2025, with a total market value increase of 1.99% from the beginning of the year to date. Among them, the market fell by 18.61% in the first quarter and rebounded by 25.32% in the second quarter. Bitcoin's performance highlights its maturity as a key macro asset and institutional investment target. Its market value has stabilized at more than 2 trillion US dollars, and its market share has reached 65.1%, the highest level in more than four years. Even with macro market fluctuations, BTC is still one of the best performing assets in the world, with strong returns from the beginning of the year to date. The total locked volume in the DeFi field has stabilized at about 151.5 billion US dollars, with monthly active users increasing by 240% year-on-year, and DEX spot trading volume accounting for a new high of 29%, indicating strong user growth and structural changes in market share. The stablecoin field has grown significantly, with a total market value of more than 250 billion US dollars, a record high. USDT remains dominant, and the supply of USDC has almost doubled, with its market share increasing to more than 25%.