Source: 吴说 ↗
营收为王：加密项目估值逻辑正在改写
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What the source reports
核心观点：加密资产价值正向收益回归，收益分配成为核心驱动。Hyperliquid 等通过大规模回购销毁实现代币价值支撑，Uniswap、Aave、Solana 等陆续跟进，监管环境向收益分配开放。未来 12–24 月，更多平台将提升收入获取与回购机制，推动代币与现金流挂钩的定价重估。
Read the original report on 吴说 ↗Live market context
Market figures are live reference data, not evidence that this report caused a price movement. Not financial advice.
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