Bitwise CIO Declares: "A New Era is Beginning in Crypto," Citing Six Altcoins as Examples! Here are the Details

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

Resumen

Matt Hogan, Chief Investment Officer of Bitwise, declares the start of a "new era" in cryptocurrencies, driven by a shift towards revenue and income generation. He argues that the value of altcoins will increasingly be assessed based on their ability to generate yield, similar to stocks and bonds, and that many are currently undervalued as investors haven't fully priced in this change. In this new paradigm, projects will strengthen the link between network usage and token value by reinvesting profits into tokenomics through mechanisms like buybacks and burns. Hogan highlights several projects he believes exemplify this trend, including HyperLiquid ($HYPE), Uniswap ($UNI), Aave ($AAVE), and Pump.Fun in the DeFi sector, as well as layer-1 blockchains Aptos (APT) and Solana. He notes these projects already direct fees to token buybacks or burns, but the market impact is yet to be fully realized. Hogan predicts DeFi applications and layer-1 networks will generate significantly more revenue in the next 12-24 months. He suggests that a stronger alignment between project income and token value could lead to substantial price appreciation—potentially doubling or more—for some crypto assets as the market adapts.

While investors await the end of the bear market in Bitcoin and altcoins that has continued since October 2025, Bitwise Chief Investment Officer Matt Hougan stated that a new era is beginning in the cryptocurrency market and that some projects may stand out during this period.

In his recently published article titled "The Crypto Revenue Revolution," Matt Hougan stated that the cryptocurrency market is increasingly becoming a structure focused on revenue generation.

At present, according to the Bitwise CIO, the cryptocurrency market will grow around profitable projects.

According to the Bitwise Chief Investment Officer, in the near future, the value of cryptocurrencies other than Bitcoin will be evaluated more based on their ability to generate revenue, similar to stocks and bonds.

Cryptocurrency Prices Are Undervalued!

Matt Hougan argues that investors have not yet fully grasped these changes in the crypto sector, leading to the undervaluation of some cryptocurrencies.

Hougan noted that although blockchain networks encompass millions of users and generate billions of dollars in economic activity, the vast majority of the revenue earned is not passed on to the tokens or token holders.

However, according to Hougan, that era is now behind us. In the new era, projects will reinvest earned profits into the token economy through buybacks and token burns, creating a stronger link between network usage and token value. This will allow some revenue-focused cryptocurrencies to stand out.

$HYPE, PUMP, $UNI and $AAVE Attract Attention!

In this context, Hougan stated that the cryptocurrency market will grow around profitable projects, citing HyperLiquid ($HYPE), Uniswap ($UNI), $AAVE and Pump.Fun as examples.

He stated that all these projects use collected funds for token buybacks or burns, but these mechanisms have not yet been reflected in token prices.

Hougan also noted that revenue-focused tokenomics is not limited to DeFi projects, but extends to first-layer blockchain networks, citing Aptos (APT) and Solana as examples.

The Bitwise Chief Investment Officer also predicts that DeFi applications and first-layer blockchain networks will generate more revenue in the next 12-24 months. According to Hougan, strengthening the link between revenue and token value could cause the value of some crypto assets to double or even increase by more than 100% if investors recognize the market changes.

*This is not investment advice.

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Preguntas relacionadas

QAccording to Bitwise's Chief Investment Officer, what is the new era of cryptocurrencies focused on?

AThe new era is focused on revenue generation, where the crypto market will increasingly become a revenue-centric structure and grow around profitable projects.

QWhich altcoin projects did Matt Hougan specifically mention as examples of revenue-focused tokens?

AHe mentioned HyperLiquid ($HYPE), Uniswap ($UNI), Aave ($AAVE), and Pump.Fun as examples, noting their use of revenue for token buybacks or burns.

QAccording to the article, why are some cryptocurrencies currently undervalued?

AThey are undervalued because investors have not yet fully recognized the shift in the crypto sector towards revenue generation, where network revenue is not yet fully directed back to token holders or the token economy.

QBesides DeFi projects, what other type of blockchain networks did Hougan cite as embracing revenue-oriented tokenomics?

AHe cited Layer 1 blockchain networks, specifically mentioning Aptos (APT) and Solana as examples.

QWhat potential market impact does Hougan predict for crypto assets if the link between revenue and token value strengthens?

AHe predicts that the value of some crypto assets could double or even increase by more than 100% if investors recognize these market changes and the revenue-value link strengthens.

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