Skip to main content
BTC / USDT——ETH / USDT——SOL / USDT——BNB / USDT——XRP / USDT——DOGE / USDT——TON / USDT——AVAX / USDT——LINK / USDT——ADA / USDT——TRX / USDT——DOT / USDT——BTC / USDT——ETH / USDT——SOL / USDT——BNB / USDT——XRP / USDT——DOGE / USDT——TON / USDT——AVAX / USDT——LINK / USDT——ADA / USDT——TRX / USDT——DOT / USDT——
Pricing
cryptoAug 13, 2026, 6:08 AM

Bitwise CIO: Crypto Entering Revenue-Driven Era

Bitwise CIO Matt Hougan says protocols like Hyperliquid, Uniswap, and Aave are using revenue for buybacks and burns, but token prices have yet to reflect that shift.

HYPEUNIAAVE

Bitwise CIO Matt Hougan argues the crypto market is moving into a revenue-driven phase, with protocol earnings becoming a more important force for token value.

He highlights Hyperliquid, Uniswap, and Aave as examples of projects funneling revenue into buybacks and burns. According to Hougan, token prices have not yet fully caught up to this shift.

Source: Cointelegraph