Institutions are not reducing their holdings as Bitcoin declines, while football fans are speculating on cryptocurrencies using team performance.

【Crypto World】By the end of 2025, Bitcoin’s decline will be close to 25%, but based on holding data, the enthusiasm of institutional investors has not cooled down. What signals are being sent behind this?

Currently, there is an interesting phenomenon in the crypto circle: sports is becoming a new track for Web3 to break out of the circle. Think about the global football fan base of 3.5 billion people—how big is this market? Major clubs like Juventus and Paris Saint-Germain have already started issuing fan tokens, allowing fans to participate—this is very similar to the previous GameFi craze, but instead of games, it’s the stadium.

The玩法 of SportFi is even more interesting: token valuation is directly linked to the team’s performance on the field. This means fans can convert their years of sports knowledge into tangible market advantages and participate in the crypto market. This combination adds more logic and fun compared to pure speculative trading. The cyclical and predictable nature of sports events perfectly fits the token economic model.