My fundamental crypto ranking continues to grow. New additions: Jupiter, Monero, Axelar, Kaspa, Quant, and Hedera. Those who want to see how the projects compare can find the complete assessment in the updated ranking.

JUP is now fundamentally among the top tier of altcoins. Jupiter consolidates trading, lending, derivatives, stablecoins, and portfolio management, generating measurable revenues already. To understand Jupiter fundamentally: https://t.co/AAFhVc7Xtl https://t.co/fFn5tuZ9G4

Hyperliquid: Native shows how economic activity reaches the token: The Assistance Fund automatically converts trading fees into HYPE and burns the tokens. Usage → Fees → HYPE Purchases → Burn → Decreasing Supply

Bitwise demonstrates the potential of this valuation logic with near:native. Scenarios for 2030: Bear: $1.63 Base: $155.85 Max: $562.81 This may seem utopian. What matters isn’t the price target, but the foundation: future usage → protocol revenue → value capture

Classification updated: sui:native Fundamental baseline: still strong Economic infrastructure: still very strong Token quality: still inconsistent Investment baseline: improved from inconsistent to good ↑

Ranked up: sui:native Fee-free stablecoin payments, real-world applications, and buybacks funded by stablecoin revenues enhance the economic utility and value accrual to SUI. Additional unlocks remain a weakness.

SUI: native has become fundamentally stronger. Fee-free stablecoin payments, real-world applications, and buybacks from stablecoin revenues enhance the connection between network usage and SUI. For those who want to understand Sui fundamentally: https://t.co/UQwBGyiAXR https://t.co/isZRmo70Dt

BlackRock confirms what I’ve been writing about for months. AI agents are becoming economic actors. For this, they need enforceable rules, machine-readable values, and settlement. AI, blockchain, and crypto belong together. Many still don’t understand it. We’re early. LFG.

Avalanche-2: Native rises in the fundamental overall ranking. Increased usage, institutional applications, and Helicon improve the fundamentals. Value transfer to AVAX remains the key weakness.

Avalanche-2: Native is rising in two of the four perspectives. Fundamental foundation: good ↑ Economic infrastructure: very strong ↑ Token quality: inconsistent → Investment outlook: good → The network is strengthening. The connection to AVAX remains inconsistent.