February 2025 Public Chain Industry Research Report: Challenges and Innovations in a Market Adjustment
In February 2025, the blockchain market experienced significant adjustments, posing challenges to both mainstream and emerging public chains. Bitcoin performed relatively steadily, further consolidating its dominant position in the market, while most chains, including Solana, Avalanche, and Ethereum, saw substantial declines. Nevertheless, development activities in the public chain sector did not stagnate: the launch of the Berachain mainnet, the upgrade of Base infrastructure, and the introduction of Uniswap's Layer 2 solution became highlights of the month.
Market Overview
February market saw a significant pullback: Bitcoin fell from $98,768 to $84,177, a decrease of 14.8%, while Ethereum experienced an even larger drop, falling from $3,065 to $2,216, down 27.7%. In the last week of the month, concerns over security spread.