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Crypto DeFi RWA

DefiLlama Researcher Kyle Names HYPE, ENA, USDE Among Long-Term Crypto Picks

DefiLlama researcher Kyle published a long-term crypto investment framework, arguing digital assets now have real businesses worth holding. He cited Hyperliquid’s HYPE as the first token suited to dollar-cost averaging, and pointed to Ethena’s ENA, up 95% in 14 days, after the team bought back investor tokens and ended monthly VC unlocks. His top picks include VVV, ORBIO, BP, ZEC, LIT, HYPE and USDE.

Original source

AI take

The notable shift here is framing, not the ticker list: a data-platform researcher arguing tokens should be judged as businesses rather than narratives. The Ethena example is the substantive one, since ending VC unlocks and buying back investor tokens changes supply mechanics, which is the kind of structural claim that can be checked over time. Whether other projects copy that unlock-and-buyback playbook, and whether researcher endorsements keep moving attention in thin markets, is the open question worth watching.

Generated by AI for reference only.

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