The Web3 industry is transitioning from rapid growth to stability, with a focus on sustainable development. Bitcoin and Ethereum have regained dominance, with Bitcoin's market share increasing from 39% in 2022 to nearly 59.3% in 2025. Altcoins and memecoins like Pepecoin have experienced volatile growth, often struggling to maintain value. Venture capital is now favoring platforms with strong team backgrounds and cash flow models. Regulatory changes, including the US GENIUS Act and EU MiCA, are emphasizing compliance and transparency. The emergence of Digital Asset Treasury companies, which incorporate crypto assets into financial reports, indicates a shift towards traditional valuation models, marking a mature Web3 era focused on trust and order.