XRP Is Down 60% While Bitwise Says Another Token Is Crypto's Most Mispriced Asset
benzinga_article·- XRP is down 60% from its July 2025 high, despite strong catalysts like the SEC settlement and ETF inflows. - In contrast, Bitwise's Matt Hougan highlighted HYPE as significantly undervalued, capturing 70% of the decentralized perpetual futures market and generating considerable revenue. - The introduction of Gen 2 tokens, like HYPE, may herald a new phase in crypto, as it offers value without legal risks, with expectations for more assets to emerge in this regulatory-friendly environment.