Wu Blockchain has learned that Bitwise CIO Matt Hougan posted that the market is overlooking a key trend: mainstream tokens are rapidly enhancing their value capture capabilities. Hougan pointed out that UNI is advancing the 'fee switch,' and if the vote passes, about 16% of transaction fees will be used to burn UNI, potentially pushing it into the top 10 by market cap. ETH's Fusaka upgrade (expected on December 3) will introduce the lowest L2 data recording fees, which could boost Ethereum's revenue by 5–10x, but the market discussion around this is severely lacking. The XRP community has also started exploring staking mechanisms, which could change its tokenomics structure. The new regulatory environment is driving token economies to shift from 'governance attributes' to 'value capture,' a change that will become evident by 2026. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=52321