Rising crypto token value capture may fuel 2026 rebound: Bitwise CIO

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Bitwise’s Matt Hougan says tokens are getting amended astatine returning worth to holders, and Ethereum's Fusako upgrade could “increase token worth capture.”

 Bitwise CIO

Crypto tokens are becoming progressively businesslike astatine capturing value, acknowledgment successful portion to caller regulations and upgrades, which could nonstop prices surging successful 2026, according to Bitwise main concern serviceman Matt Hougan. 

Hougan said successful an X station connected Saturday that successful the chaos of the existent marketplace pullback, large quality is getting lost, specified arsenic the level of worth seizure successful integer assets trending upward. 

“Most of today’s tokens were created successful a regulatory epoch wherever worth seizure was risky; arsenic a result, they defaulted to vague governance-style plan choices,” helium said. 

“Under the caller regulatory climate, that’s being unwound. I deliberation we’ll commencement to consciousness this effect successful 2026.” 
Source: Matt Hougan

Uniswap rallied aft investor-friendly proposal

Uniswap (UNI), the autochthonal token down the crypto protocol of the aforesaid name, surged earlier this month aft the Uniswap Foundation and Uniswap Labs introduced a connection to marque the token much charismatic arsenic an investment.

Among the ideas being floated were a protocol-level interest mechanism to pain the tokens and gathering a Protocol Fee Discount Auctions strategy to summation liquidity supplier returns.

Hougan said this is 1 of the astir evident examples of a token trying to seizure value, and predicts that if the connection passes, it could nonstop UNI into the apical 10 by marketplace headdress successful the future. 

“The large sound connected UNI has ever been that it is simply a governance token. Uniswap is great, but enactment connected Uniswap didn’t payment UNI tokenholders,” helium said. 

“Except now, UNI is considering flipping the interest switch. If the ballot goes through, ~16% of trading fees volition beryllium utilized to pain UNI. I fishy this volition propulsion UNI toward being a apical 10 token by marketplace headdress implicit time.” 

Fusaka upgrade could spot Ether pb rebound

Hougan besides pointed to Ethereum’s Fusako upgrade arsenic a catalyst that could “significantly summation token worth capture.” 

Source: Matt Hougan

The Fusako upgrade mainnet motorboat is expected successful December and volition rotation retired upgrades to Ethereum’s execution furniture and improvements to staking economics, among different upgrades. 

“I fishy the marketplace volition commencement to orient astir the affirmative impacts of Fusaka soon, peculiarly if it’s delivered Dec. 3 arsenic expected. It’s an under-appreciated catalyst and 1 crushed ETH could pb the crypto rebound,” Hougan said. 

Related: Bitwise exec says a stake connected Solana gives ‘two ways to win’

XRP staking rewards besides a boon 

Hougan said Ripples XRP (XRP) token is besides connected the roadworthy to expanding its worth seizure with a imaginable staking addition. 

“You spot a increasing absorption connected worth seizure successful XRP arsenic well. The assemblage is starting to see ideas similar staking, which would alteration the economics for tokenholders,” helium said. 

“The connecting thread: The level of worth seizure successful integer assets is up lone from here. I deliberation radical look astatine token worth seizure arsenic static. It’s not.”

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