Sentiment: Positive
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“The Value Equation Is Changing”: Bitwise CIO Flags a New Crypto Market Trend
By Maxwell Mutuma at 2026-10-03 12:01
Sentiment: Positive
TLDR Bitwise CIO Matt Hougan says protocol revenue is becoming a key valuation factor for crypto assets beyond Bitcoin. Hyperliquid has used nearly 99% of its fee revenue to buy and burn HYPE, totaling about $1.3 billion since launch. Uniswap, Aave, Pump.fun, and Lighter are also using token buybacks and burns to connect protocol activity [...] The post “The Value Equation Is Changing”: Bitwise CIO Flags a New Crypto Market Trend appeared first on CoinCentral. Continue reading...
Categories: Markets
Tags: #Markets #Bitcoin #Crypto market #Hyperliquiid
Source Coin Central