Golden Finance reported that Animoca Brands co-founder Yat Siu said in an interview that the encryption industry is at a turning point, similar to the turning point he observed when the Internet first changed business in the 1990s. The first part of crypto mass adoption in 2025 is stablecoin adoption, with the next step being the broader expansion of memecoins into the entire blockchain ecosystem. Yat Siu said: “I predict that memecoin will launch its own L1 or L2. They are no longer just tokens, they are building communities and ecosystems. Memecoins are essentially cultural symbols. They are attracting people’s attention and building connections with finance. A narrative that resonates with people outside of speculation.”