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Crypto adoption is growing faster than internet adoption in the early 2000s!
Crypto (especially Bitcoin) often appears to be on a steeper or faster path in its relative early phase.
Current crypto adoption levels: Global cryptocurrency users are estimated around 560 million in 2026, representing roughly 9–10% penetration (some reports cite 9.9% of internet users or similar).
Bitcoin-specific ownership is lower, often around 4–5% globally (e.g., ~337–400 million people holding any BTC in mid-2025 estimates, aligning with internet levels around 2000).
Internet in early 2000s: By 2000, global internet users were around 5–6% penetration (from ~1–2% in the mid-1990s).
The explosive growth phase really accelerated post-1995/2000 with broadband, going from hundreds of millions to billions in the following decade.
Growth rate comparisons:Several analyses (e.g., from Raoul Pal, Galaxy Research, BlackRock reports) note crypto adding users faster than the internet did at comparable stages. For instance, crypto reached certain user milestones (like 300 million) quicker than the internet or even mobile phones.
One view: Crypto has grown at ~137% annually in recent periods vs. the internet's ~76% in its early boom years.
BlackRock highlighted Bitcoin hitting 300 million users in 12 years vs. 15 for the internet and 21 for mobile.
Some experts say crypto is growing 2× faster than the early internet overall, thanks to existing global internet infrastructure enabling quicker spread (wallets, apps, exchanges are accessible instantly vs. needing dial-up/modems/hardware in the 90s/early 2000s).
Predictions range from bearish lows around $50,000–$75,000 (with some extreme warnings of even lower in a prolonged "crypto winter") to bullish highs of $200,000–$250,000 or more.
As of mid-February 2026, Bitcoin is trading in the $65,000–$70,000 range after a significant pullback from its 2025 peak around $126,000, with recent volatility tied to ETF outflows, macro headwinds, and shifting sentiment
Here a summary of notable recent analyst and firm forecasts for Bitcoin by the end of 2026 (or during the year):
Standard Chartered (recently downgraded): $100,000 year-end target (down from $150,000 previously, and $300,000 earlier), with a warning of potential near-term drop to ~$50,000 before recovery.
Bernstein: Maintains $150,000 target, calling the current downturn the "weakest bear case in history" due to strong institutional/ETF foundations.
Tom Lee (Fundstrat/BitMine): Bullish at $250,000 by year-end, driven by institutional inflows and ETF momentum (implying potential for a strong rebound).
CNBC multi-analyst roundup (early 2026): Wide range from ~$75,000 (low end, e.g., some professors/analysts seeing high-volatility around $110,000 center) to $225,000 (high end).
Other aggregated views:Institutional consensus clusters around $130,000–$175,000 in some reports.
Algorithmic/platform forecasts (e.g., Binance, Kraken, Changelly): Often more conservative, ranging $90,000–$150,000+ depending on models. Bearish outliers: Warnings of $31,000–$38,000 in severe scenarios (e.g., NDR, Stifel), though seen as less likely by many.
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Cryptocurrency investments are extremely volatile and speculative—you could lose your entire investment. Markets change rapidly, and what looks undervalued today may not tomorrow.
Always DYOR (do your own research), consider your risk tolerance, and never invest more than you can afford to lose.
The picks below are based on recent analyses, fundamentals, and mentions across sources as of mid-February 2026.
Here are three projects that frequently appear in discussions of undervalued assets with strong long-term potential.
They stand out for solid technology, real utility, growing adoption, and relatively modest valuations compared to their roles in the ecosystem (especially versus hype-driven tokens).
Why undervalued: Chainlink dominates the decentralized oracle space (roughly two-thirds market share) and has secured over $90B in value.
Its Cross-Chain Interoperability Protocol (CCIP) and enterprise integrations are expanding, with significant LINK staking/off-exchange holdings reducing sell pressure. Recent news includes Robinhood adopting its oracle platform.
Huge potential: Oracles are critical for DeFi, real-world assets (RWAs), gaming, insurance, and AI-driven apps. As tokenized assets and cross-chain activity grow, demand for reliable off-chain data will explode. Analysts highlight it as undervalued relative to its foundational role.
2. NEAR Protocol (NEAR) – User-Friendly L1 with AI & Intents EdgeCurrent stats (approx. mid-Feb 2026): ~$1.00–$1.06 price, ~$1.3B–$1.4B market cap.
Why undervalued: Despite strong metrics—like billions in cross-chain volume via intents, millions of swaps, inflation halving (5% → 2.5%), and institutional interest (Bitwise staking ETP, potential ETF)—its market cap remains low relative to activity and tech.
Upgrades focus on scalability, chain abstraction, and consumer-friendly features (human-readable accounts, account abstraction).
Huge potential: NEAR emphasizes real UX and developer experience, positioning it well for mass adoption and AI/crypto intersections (e.g., DWF Labs AI fund, partnerships).
It could capture significant share as the market shifts from speculation to usable applications.
Why undervalued: This high-performance perpetuals DEX has captured massive market share (e.g., ~70% of on-chain perp users, trillions in cumulative volume) and shows strong product-market fit.
It has pulled back from prior highs despite rapid growth in trading volume and users, leading some analysts to call it "badly undervalued" amid a broader market dip.
Huge potential: As trading migrates from centralized exchanges to on-chain (for transparency, speed, and composability), Hyperliquid is positioned to dominate decentralized derivatives.
Fee capture, expansions into new instruments, and overall DeFi growth could drive significant rerating.
Key risks across all three (and crypto in general): Regulatory uncertainty, competition, smart contract exploits, broader market cycles (Bitcoin/altcoin correlation), and tokenomics/selling pressure.
Valuations can shift quickly.These stand out because they have real utility and adoption rather than pure hype, yet their prices/MCs haven't fully reflected that (especially vs. larger-cap narratives). Monitor on-chain metrics, developer activity, and ecosystem news.
The crypto market rewards patience and fundamentals over short-term noise—stay informed and diversified.
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