Forecast Trend Report by Period
Crypto valuations could more than double from current levels as more protocols use revenue to buy back and burn tokens, according to Bitwise Chief Investment Officer Matt Hougan.
Hougan told Cointelegraph in an Aug. 13 report that the crypto market outside Bitcoin is shifting toward a revenue-based model in which network activity translates into token value. Some assets remain undervalued because the market has yet to fully price in that shift, he said.
He cited Hyperliquid, Uniswap, Aave, Pump.fun and Raydium as leading examples of projects using fees for token buybacks and burns. Hougan expects similar revenue-return structures to spread across…
