Morgan Stanley moved closer to launching Bitcoin, Ethereum, and Solana ETFs, while Wyoming became one of the first states to capitalize on the stablecoin boom—selecting Solana for a state-backed token. CoinFlip is rolling out crypto payroll benefits, and a16z, Archetype, and Barclays are backing the next wave of Web3

By the end of 2025, it was clear this year wasn’t just another crypto cycle. Something fundamental had shifted. Stablecoins had reached an unprecedented scale. The U.S. had passed meaningful federal regulations. Payment wallets went mainstream. And Bitcoin’s ecosystem expanded into a fully programmable economy. Whether you’