Phemex forecasts a good year for memes, challenges for exchanges, and opportunities in DeFi.

The future of cryptocurrency remains unpredictable, but trends and expert insights can offer a glimpse into what 2025 may hold. Leading hybrid futures exchange Phemex has shared its outlook for the coming year, highlighting meme coins, DeFi resurgence, and centralized exchange challenges as key themes.


One of the defining narratives of 2024 was the resurgence of meme coins, and Phemex anticipates this trend to persist into 2025. Tokens like PEPE, with a market cap exceeding $8 billion, demonstrated the power of viral marketing and strong community engagement.

“Meme coins are likely here to stay for a while,” said Federico Variola, CEO of Phemex. He credits their success to fast-paced trading opportunities and the ability to create vibrant communities around these coins.

Solana’s Role in Meme CoinsPhemex also highlights Solana’s growing prominence as a preferred blockchain for meme coin launches. Solana’s high transaction speed and low costs provide a seamless user experience, making it a strong competitor to Ethereum, which faces fragmentation issues with Layer 2 scaling solutions.


Shift Away from Venture Capital Dominance

Phemex forecasts a decline in venture capital-backed tokens, citing underperformance compared to meme coins and community-driven projects. This shift may realign the market, giving more weight to content creators and community leaders as key influencers in the space.


Challenges for Centralized Exchanges

Centralized exchanges (CEXes) face mounting challenges, particularly in maintaining liquidity. Meme tokens often suffer from unreliable liquidity due to market manipulation by specific market makers, creating conflicts of interest.

To address these issues, Phemex prioritizes security and liquidity, offering tools like Proof of Reserves to verify asset safety. The platform also features advanced trading functionalities, such as iceberg orders and multiple watchlists, to enhance user control and risk management.


DeFi Renaissance and Regulatory Tailwinds

Phemex predicts a DeFi resurgence driven by regulatory changes under crypto-friendly administrations, particularly in the United States. Potential legislation and increased institutional adoption could enhance market stability and boost digital asset integration into traditional finance.


Dominance of Bitcoin and Diverging Blockchains

Bitcoin will continue to dominate the market, according to Phemex, with BTC remaining the preferred choice over alternatives like BCH and BSV.

Meanwhile, blockchain ecosystems may bifurcate into two camps:

  1. Institutional chains, such as Ethereum, focusing on real-world asset integration.

  2. Retail-oriented chains, like Solana and Sui, catering to meme enthusiasts and casual traders.


The Hybrid Model: Bridging CEX and DeFi

Phemex envisions hybrid exchanges, combining decentralized governance with centralized efficiency, as the future of crypto trading. While centralized exchanges offer liquidity and user-friendly interfaces, DeFi’s transparency and decentralization are gaining traction.

“As hybrid platforms continue to grow, Phemex will remain committed to expanding our on-chain offerings,” said Variola.


Looking Ahead

As the crypto market evolves, Phemex aims to stay ahead by embracing emerging trends and prioritizing user needs. Whether through meme coins, DeFi opportunities, or hybrid models, the exchange is prepared to navigate 2025’s dynamic landscape.

To end the year on a high note, Phemex is hosting its Cryptomas Event, offering rewards like a trip to Bali and a grand prize of 4 ETH for its users.