🔥 CRYPTO ENTERS A REVENUE-DRIVEN ERA
Bitwise CIO Matt Hougan says crypto is shifting from hype-based valuations toward real revenue and token value capture.
Protocols like Hyperliquid, Uniswap and Aave are increasingly using protocol revenue for token buybacks and burns, creating a stronger link between network activity and token economics.
💰 More usage → more revenue → more buybacks/burns → potentially lower supply.
Hougan believes the market hasn't fully priced in this shift yet.
The next big crypto narrative could be simple:
Don’t just ask how much a protocol is used — ask how much revenue the token captures. 👀🔥
#Crypto #DeFi #Hyperliquid #uniswap #AAVE
Bitwise CIO Matt Hougan says crypto is shifting from hype-based valuations toward real revenue and token value capture.
Protocols like Hyperliquid, Uniswap and Aave are increasingly using protocol revenue for token buybacks and burns, creating a stronger link between network activity and token economics.
💰 More usage → more revenue → more buybacks/burns → potentially lower supply.
Hougan believes the market hasn't fully priced in this shift yet.
The next big crypto narrative could be simple:
Don’t just ask how much a protocol is used — ask how much revenue the token captures. 👀🔥
#Crypto #DeFi #Hyperliquid #uniswap #AAVE