Bitwise Chief Investment Officer Matt Hougan argued on Aug. 12 that crypto valuations outside Bitcoin could rise sharply as more protocols connect revenue generated by network activity to their native tokens.
Summary
- Bitwise CIO Matt Hougan says stronger revenue capture could help crypto valuations double or more.
- Hyperliquid routes roughly 99% of fee revenue toward HYPE purchases through its Assistance Fund mechanism.
- Uniswap governance has funded about 7.5 million UNI burns through protocol fees since December 2025.
- Aave’s first ten months of buybacks acquired over 205,000 AAVE using $42 million in allocations.
- SEC commissioners will consider tailored crypto offering…
