Bitwise Asset Management expects the valuation of crypto assets to double.

Bitwise predicts crypto valuations could double as protocol-driven buybacks reshape pricing logic, pending adoption by major exchanges.

Bitwise Asset Management points out that as the token buyback mechanism driven by protocol revenues becomes more widespread, the market has yet to fully reflect this change, suggesting that the valuation of crypto assets could double at least. Although BTC is down 0.2% on a 24-hour basis, institutional analysts believe such buyback mechanisms will reshape the logic behind asset pricing. If adopted on a large scale, this mechanism could become a key factor in driving a bull market. The market needs to watch whether major exchanges will follow suit by implementing similar buyback programs to verify the feasibility of the doubling valuation forecast.