Real volume is flooding crypto rails; as on-chain speculation and stablecoin settlement scale, HYPE accrues the value.
Bitcoin reaches $1M as the space grows 10x to $50T over the decade
Coinbase is way too cheap at 7x, more than just a retail platform now
Circle is reasonably valued and taking stablecoin share from Tether
Solana gaining as stablecoin share explodes from near zero to 30%
Agents settle value in smart contracts, not bank wires; Ethereum is the base layer that captures it.