《A Brief History of Blockchain Wallets and the 2025 Market Landscape》 (Author: 十四君) The article reviews the development of blockchain wallets and the 2025 market landscape: wallets have evolved from 'single-chain tools' to 'multi-chain gateways,' and are now entering a phase where business capabilities are the core competitive focus (aggregating DEX, cross-chain, Perps, RWA, yield tools, etc.). Meanwhile, this year has seen significant underlying changes—gradually moving beyond the era of full self-custody. Wallet providers are introducing social login and key sharding, and are widely adopting TEE and MPC for secure custody and automated trading support to meet higher-level demands.