Escala de grises: El precio actual de AAVE está subestimado, y su valor justo podría subir a aproximadamente 175 dólares en un año

Goldmoney News report, June 18th, Grayscale Research released a report stating that it believes the fair value of the AAVE token could rise to about $175 within a year, with the current price of $75 being undervalued. The report points out that DeFi protocols have generated nearly $25 billion in fees since 2023 and have become an asset class that produces real income. Grayscale classifies cryptocurrencies along a spectrum from pure commodities to cash flow-driven assets, with AAVE, UNI, and SKY being closer to cash flow assets.
The report states that Aave's protocol revenue has increased more than 6.6 times over the past three years, with an operating profit margin of about 50%. The report estimates that Aave will earn about $60 million in revenue by 2026, and based on a price-to-earnings ratio of 20-25 for fintech companies, the current fair value market cap is $1.2-1.5 billion, corresponding to a token price of $80-100. If regulatory clarity accelerates the adoption of tokenized assets, the fair value of AAVE could rise to $175 within a year. Grayscale also points out that DeFi value accumulation is usually achieved through burning, buybacks, rebates, and staking, and that protocol revenue alone is insufficient to determine token value.
AAVE-1,87%
UNI-14,64%
SKY-0,31%
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