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Web3 has moved from concept to reality, with a global market size of $21.35 billion in 2025, and the scale of China's related industry exceeding $20 billion. Its core lies in user sovereignty, and power redistribution is realized through blockchain, smart contract, NFT and DID. The five major application scenarios include DeFi (TVL over $120 billion), NFT utility (e.g. Starbucks equity), DAO (over 5,000 active organizations), GameFi (over 3,100 games) and decentralized identity. The market is shifting from speculative to value-driven, with future opportunities focusing on the creator economy, digital identities and RWA asset tokenization, with the goal of rebuilding digital trust and equity.

Blockchain, Bitcoin, Web3 in 2025 has made it clear that the price of "digital gold" exceeded 110,000 U.S. dollars, with an all-time high of 111,013 U.S. dollars; blockchain has become a "new infrastructure" and is used in government affairs, finance and other fields, and the RWA market size has reached 202.5 billion U.S. dollars; Web3 market size has reached 21.35 billion U.S. dollars, and is expected to reach 5.1 trillion U.S. dollars in 2030. The market size of Web3 reaches $21.35 billion, turning to real applications, and is expected to reach $5.1 trillion in 2030. China supports blockchain but focuses on Web3 "coinless" path.

Blockchain, Bitcoin, Web3 in 2025 has made it clear that the price of "digital gold" exceeded 110,000 U.S. dollars, with an all-time high of 111,013 U.S. dollars; blockchain has become a "new infrastructure" and is used in government affairs, finance and other fields, and the RWA market size has reached 202.5 billion U.S. dollars; Web3 market size has reached 21.35 billion U.S. dollars, and is expected to reach 5.1 trillion U.S. dollars in 2030. The market size of Web3 reaches $21.35 billion, turning to real applications, and is expected to reach $5.1 trillion in 2030. China supports blockchain but focuses on Web3 "coinless" path.

In the AlphaArena AI Coin Speculation Live Arena, six top AI models each traded independently in the cryptocurrency market with $10,000 in real money. As of Oct. 23, Qwen3 Max (Alibaba) is in first place with +44.38% gain and $14,438 account balance, DeepSeek Chat V3.1 is in second place with +20.92% gain and $12,092 balance, and Chinese AIs round out the top two. Other North American models such as Gemini 2.5 Pro lost more than 60%. the Chinese model's strengths are in quantitative thinking, risk control and not over-trading, demonstrating the potential of AI in real market decision making.