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

cryptonews.ruPublicado em 2026-08-13Última atualização em 2026-08-13

Resumo

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.

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Perguntas 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%.

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