Crypto valuations could double as protocols link revenue to tokens: Bitwise CIO
60-second summary
Bitwise's Matt Hougan anticipates revenue-capture mechanisms spreading across DeFi applications and layer-1 networks within the next 12 to 24 months. This trend could lead to crypto valuations doubling as protocols increasingly link revenue to tokens, potentially unlocking new growth opportunities and increasing investor confidence. Market participants are closely watching this development.
Bitwise’s Matt Hougan expects revenue-capture mechanisms to spread across DeFi applications and layer-1 networks over the next 12 to 24 months.