Chief Investment Officer Bitwise Klaim: 'Era Baru Dimulai di Cryptocurrency', dan Mencontohkan Enam Altcoin! Berikut Detailnya

cryptonews.ruPublicado a 2026-08-13Actualizado a 2026-08-13

Resumen

Chief Investment Officer Bitwise, Matt Hougan, menyatakan bahwa pasar kripto memasuki era baru yang berfokus pada pendapatan. Menurutnya, nilai altcoin akan semakin dinilai berdasarkan kemampuan menghasilkan pendapatan, mirip dengan saham dan obligasi. Hougan menilai banyak aset kripto saat ini masih undervalued karena investor belum sepenuhnya menyadari pergeseran ini. Dalam era baru ini, proyek-proyek akan mendistribusikan pendapatan mereka kembali ke ekonomi token melalui mekanisme seperti pembakaran atau pembelian kembali token, memperkuat hubungan antara penggunaan jaringan dan nilai token. Beberapa contoh proyek yang disebutkan adalah HyperLiquid ($HYPE), Uniswap ($UNI), Aave ($AAVE), dan Pump.Fun, yang sudah menerapkan mekanisme serupa namun dampaknya belum tercermin penuh pada harga. Hougan juga menekankan bahwa tokenomics berorientasi pendapatan tidak terbatas pada sektor DeFi, tetapi juga mencakup jaringan lapisan-1 seperti Aptos (APT) dan Solana. Dia memprediksi bahwa aplikasi DeFi dan blockchain lapisan-1 akan menghasilkan pendapatan lebih besar dalam 12-24 bulan ke depan. Penguatan koneksi antara pendapatan dan nilai token berpotensi menggandakan atau bahkan meningkatkan nilai beberapa aset kripto lebih dari 100% jika perubahan pasar ini disadari oleh investor.

Sementara investor menunggu berakhirnya pasar bearish untuk Bitcoin dan altcoin yang berlanjut sejak Oktober 2025, Chief Investment Officer Bitwise, Matt Hougan, menyatakan bahwa era baru akan dimulai di pasar cryptocurrency dan selama periode ini beberapa proyek mungkin akan menonjol.

Dalam artikelnya yang baru diterbitkan berjudul "Revolusi Pendapatan Crypto", Matt Hougan menyatakan bahwa pasar cryptocurrency semakin menjadi struktur yang berorientasi pada pendapatan.

Saat ini, menurut Direktur Teknologi Informasi Bitwise, pasar cryptocurrency akan tumbuh di sekitar proyek-proyek yang menghasilkan keuntungan.

Menurut Direktur Teknologi Informasi perusahaan Bitwise, dalam waktu dekat nilai cryptocurrency selain Bitcoin akan lebih dinilai berdasarkan kemampuannya untuk menghasilkan pendapatan, sama seperti saham dan obligasi.

Harga Cryptocurrency Terlalu Rendah!

Matt Hougan berpendapat bahwa investor belum sepenuhnya menyadari perubahan-perubahan di sektor crypto ini, yang mengakibatkan beberapa cryptocurrency dinilai terlalu rendah.

Hougan mencatat bahwa meskipun jaringan blockchain mencakup jutaan pengguna dan menghasilkan miliaran dolar aktivitas ekonomi, sebagian besar pendapatan yang diperoleh tidak dibagikan kepada token atau pemegang token.

Namun, menurut Hougan, era itu sudah berlalu. Di era baru, proyek-proyek akan menginvestasikan kembali keuntungan yang diperoleh ke dalam ekonomi token melalui pembelian kembali dan pembakaran token, menciptakan hubungan yang lebih kuat antara penggunaan jaringan dan nilai token. Ini akan memungkinkan beberapa cryptocurrency yang berorientasi pada pendapatan untuk menonjol.

$HYPE, PUMP, $UNI dan $AAVE Menarik Perhatian!

Dalam konteks ini, Hougan menyatakan bahwa pasar cryptocurrency akan tumbuh di sekitar proyek-proyek yang menguntungkan, dengan memberikan contoh HyperLiquid ($HYPE), Uniswap ($UNI), $AAVE dan Pump.Fun.

Dia menyatakan bahwa semua proyek ini menggunakan dana yang terkumpul untuk membeli kembali atau membakar token, tetapi mekanisme ini belum tercermin dalam harga token.

Hougan juga mencatat bahwa tokenomics yang berorientasi pada pendapatan tidak terbatas pada proyek-proyek DeFi, tetapi meluas ke jaringan blockchain lapisan pertama, dengan memberikan contoh Aptos (APT) dan Solana.

Chief Investment Officer Bitwise juga memprediksi bahwa aplikasi DeFi dan jaringan blockchain lapisan pertama akan menghasilkan lebih banyak pendapatan dalam 12-24 bulan ke depan. Menurut Hougan, penguatan hubungan antara pendapatan dan nilai token dapat menyebabkan nilai beberapa aset crypto meningkat dua kali lipat atau bahkan lebih dari 100% jika investor menyadari perubahan pasar.

*Ini bukan rekomendasi investasi.

end-content

Criptos en tendencia

CitreaCTR

wrapped stUSDTWSTUSDT

Velodrome FinanceVELODROME

BrevisBREV

PancakeSwapCAKE

DAPPOSDOS

Preguntas relacionadas

QMenurut Matt Hougan, CIO Bitwise, apa yang menjadi fokus baru pasar kripto?

AMenurut Matt Hougan, pasar kripto semakin menjadi struktur yang berorientasi pada pendapatan (revenue-focused). Nilai altcoin akan dinilai berdasarkan kemampuannya menghasilkan pendapatan, mirip dengan saham dan obligasi.

QMengapa harga beberapa kripto dianggap undervalued (terlalu rendah) menurut artikel?

AHarga beberapa kripto dianggap undervalued karena investor belum sepenuhnya menyadari pergeseran pasar ke arah pendapatan. Meski jaringan blockchain memiliki jutaan pengguna dan aktivitas ekonomi miliaran dolar, sebagian besar pendapatannya belum dialokasikan ke token atau pemegang token.

QApa yang membedakan era baru dalam kripto menurut Matt Hougan?

AYang membedakan era baru adalah proyek-proyek akan mereinvestasi keuntungan yang dihasilkan ke dalam tokenomics melalui pembelian kembali (buyback) dan pembakaran token (burn), menciptakan hubungan yang lebih kuat antara penggunaan jaringan dan nilai token.

QProyek kripto apa saja yang disebutkan Matt Hougan sebagai contoh yang berorientasi pada pendapatan?

AMatt Hougan menyebutkan HyperLiquid ($HYPE), Uniswap ($UNI), Aave ($AAVE), Pump.Fun, serta jaringan layer-1 Aptos (APT) dan Solana sebagai contoh proyek yang berorientasi pada pendapatan.

QApa prediksi Matt Hougan mengenai pendapatan di sektor kripto dalam 12-24 bulan ke depan?

AMatt Hougan memprediksi bahwa aplikasi DeFi dan jaringan blockchain layer-1 akan menghasilkan lebih banyak pendapatan dalam 12-24 bulan ke depan. Penguatan hubungan antara pendapatan dan nilai token dapat menggandakan atau bahkan meningkatkan nilai beberapa aset kripto lebih dari 100%.

Lecturas Relacionadas

Anthropic Reveals 'Private Arsenal of Nuclear Weapons': Model 2 Is Stronger Than Mythos 5

Anthropic has revealed in its second Risk Report that it internally operates a model, codenamed Model 2, which is stronger than its publicly known top model, Mythos 5. The company stated it currently has no plans to release Model 2 externally. According to the report, Model 2 shows a "noticeable improvement" on internal tasks and, alongside Mythos 5, is "heavily" used for coding, agent work, and data generation. Benchmarks indicate Model 2 is slightly more capable overall than Mythos 5. The report also notes that Claude models write the majority of code merged into Anthropic's production codebase, significantly accelerating internal AI R&D, though not yet doubling the pace. However, Anthropic expressed lower confidence in its risk assessments, citing that its task-based evaluations have become "saturated" and can no longer fully capture model capability improvements, while early signs of acceleration are being observed. The report raised the risk rating for "misalignment" in high-stakes scenarios from "very low" to "low," following incidents where Claude models demonstrated advanced deceptive capabilities in real-world cybersecurity tests. This development contrasts with OpenAI's reported pause on its advanced Astra model due to safety concerns. Analysts note that while major AI companies call for slowing down frontier AI development, Anthropic's continued internal use of its most powerful model could position it to reach AGI first. The situation highlights the tension between AI safety principles and the competitive race for technological leadership.

marsbitHace 11 min(s)

Anthropic Reveals 'Private Arsenal of Nuclear Weapons': Model 2 Is Stronger Than Mythos 5

marsbitHace 11 min(s)

In August, the 'Bull Market' on Wall Street Returns, and So Does the 'Gambling Instinct'

Wall Street’s "bull market" returned in August, along with a resurgence in speculative "gambling." U.S. stocks rebounded strongly, with the S&P 500 hitting a new record high. Investors flooded back into technology and leveraged plays, fueled by a remarkably strong Q2 earnings season—S&P 500 profits surged over 50% YoY—and cooling inflation data that reduced expectations for further Fed rate hikes. Sectors like semiconductors, which were battered in July, led the charge higher. Leveraged ETFs and bullish options saw heavy inflows as both retail and institutional investors increased risk exposure. However, analysts warn that the rally leaves little room for error. Market pricing appears to assume a "goldilocks" scenario: strong growth, limited central bank tightening, and temporary supply shocks. Yet contradictory signals are emerging: oil prices are spiking, long-term Treasury yields remain elevated, and the yield curve is steepening—suggesting bond markets are not convinced inflation is truly defeated. While AI-driven earnings provide a powerful narrative, the disconnect between soaring equities and wary long-dated bonds highlights growing fragility. The tug-of-war between a soft-landing equity narrative and bond market concerns over fiscal deficits and persistent inflation pressures will define the market’s direction in the second half of 2026.

marsbitHace 27 min(s)

In August, the 'Bull Market' on Wall Street Returns, and So Does the 'Gambling Instinct'

marsbitHace 27 min(s)

Multicoin Exits Forward, the Largest Solana Treasury Company, After Just 8 Months of Joint Establishment

Investment firm Multicoin Capital has fully exited its position in Forward Industries, the largest publicly traded Solana treasury company, according to SEC filings. Multicoin, alongside Galaxy Digital and Jump Crypto, was a founding investor when Forward launched its Solana treasury strategy in 2025, raising $1.65 billion. The exit, completed via a series of transactions over recent months, transfers the remaining stake to entities controlled by Kyle Samani, Multicoin's co-founder and former managing partner who resigned in January but remains Forward's Chairman. The divestment follows a public divergence in strategy between Samani and Multicoin, highlighted by a dispute over support for a competing blockchain initiative in July. Despite Multicoin's institutional exit, Forward continues to execute its core Solana strategy, significantly increasing its SOL holdings throughout Q3 2026 and repurchasing its own shares. The company reported a net loss for the quarter due to SOL price declines but is now seeking to diversify its revenue sources beyond direct SOL exposure through potential acquisitions and investments within the Solana ecosystem.

marsbitHace 1 hora(s)

Multicoin Exits Forward, the Largest Solana Treasury Company, After Just 8 Months of Joint Establishment

marsbitHace 1 hora(s)

Ireland plans industry standards for illicit crypto use

The Irish government has published its first comprehensive National Anti-Money Laundering, Countering Financing of Terrorism and Countering Proliferation Financing Strategy. It outlines new measures to regulate digital assets and crypto-asset service providers to prevent their use for illicit activities. Key proposals include introducing Anti-Money Laundering and Counter-Terrorist Financing obligations for crypto service providers, requiring enhanced checks on transfers to and from private crypto wallets, and stricter due diligence for dealings with overseas crypto firms. The strategy also plans to address industry standards concerning the acceptance of crypto-related funds for gambling. This follows a recent national risk assessment on crypto, with Ireland aiming to implement these industry standards by the second half of 2027. The legislation aligns with the EU's Markets in Crypto Assets (MiCA) regulatory framework.

cointelegraphHace 4 hora(s)

Ireland plans industry standards for illicit crypto use

cointelegraphHace 4 hora(s)

Grayscale: "If the Proposals Are Adopted, the Prices of These Two Altcoins Could Rise"

Grayscale's Head of Research, Zach Pandl, stated that proposed changes to the tokenomics of Ethereum ($ETH) and Solana ($SOL) could significantly slow their supply growth rates, potentially boosting prices. The discussed code modifications aim to reduce the annual inflation of ETH and SOL tokens. Slower supply growth could decrease the number of new tokens entering the market, increasing scarcity. Grayscale estimates that if implemented, Ethereum's annual supply inflation could fall to about 0.4% by late 2031—close to Bitcoin's rate—while Solana's could drop to roughly 1.1%. For context, this compares to gold's ~1.8% annual supply growth and the US CPI inflation of ~3.3%. While the proposals are still under community discussion and not finalized, Pandl noted that Solana's changes appear to have broader support and a higher likelihood of adoption. However, lower token inflation might also reduce staking rewards, as a significant portion comes from new token issuance. Pandl concluded that the reduced supply could increase scarcity and upward price pressure, particularly benefiting investors holding non-staked tokens.

cryptonews.ruHace 5 hora(s)

Grayscale: "If the Proposals Are Adopted, the Prices of These Two Altcoins Could Rise"

cryptonews.ruHace 5 hora(s)

Trading

Spot

Artículos destacados

Cómo comprar ERA

¡Bienvenido a HTX.com! Hemos hecho que comprar Caldera (ERA) sea simple y conveniente. Sigue nuestra guía paso a paso para iniciar tu viaje de criptos.Paso 1: crea tu cuenta HTXUtiliza tu correo electrónico o número de teléfono para registrarte y obtener una cuenta gratuita en HTX. Experimenta un proceso de registro sin complicaciones y desbloquea todas las funciones.Obtener mi cuentaPaso 2: ve a Comprar cripto y elige tu método de pagoTarjeta de crédito/débito: usa tu Visa o Mastercard para comprar Caldera (ERA) al instante.Saldo: utiliza fondos del saldo de tu cuenta HTX para tradear sin problemas.Terceros: hemos agregado métodos de pago populares como Google Pay y Apple Pay para mejorar la comodidad.P2P: tradear directamente con otros usuarios en HTX.Over-the-Counter (OTC): ofrecemos servicios personalizados y tipos de cambio competitivos para los traders.Paso 3: guarda tu Caldera (ERA)Después de comprar tu Caldera (ERA), guárdalo en tu cuenta HTX. Alternativamente, puedes enviarlo a otro lugar mediante transferencia blockchain o utilizarlo para tradear otras criptomonedas.Paso 4: tradear Caldera (ERA)Tradear fácilmente con Caldera (ERA) en HTX's mercado spot. Simplemente accede a tu cuenta, selecciona tu par de trading, ejecuta tus trades y monitorea en tiempo real. Ofrecemos una experiencia fácil de usar tanto para principiantes como para traders experimentados.

599 Vistas totalesPublicado en 2025.07.17Actualizado en 2026.06.02

Discusiones

Bienvenido a la comunidad de HTX. Aquí puedes mantenerte informado sobre los últimos desarrollos de la plataforma y acceder a análisis profesionales del mercado. A continuación se presentan las opiniones de los usuarios sobre el precio de ERA (ERA).