FeesSafety
Pluang+

Traditional firms may gain from crypto adoption without token value rising, warns researcher Ignas.

12 Nov 2026, 06:14 WIB
Tokenpost
View Source
Neutral
Traditional firms may gain from crypto adoption without token value rising, warns researcher Ignas.

DeFi researcher Ignas suggests that traditional financial firms could benefit from crypto adoption through shares and private holdings rather than owning tokens, casting doubt on the lasting value of tokens like Hyperliquid's HYPE and Avalanche's AVAX. He notes some tokens might only serve as payment tools in institutional deals without increasing value for holders, who risk becoming liquidity for others exiting the market. Ignas also questions the impact of the New York Stock Exchange's use of Avalanche's technology on AVAX token value and sees Bitcoin potentially benefiting from easier monetary policy, though this is uncertain. He warns of a possible crypto downturn linked to an AI market bubble burst and expects the crypto sector to face challenges from U.S. policy and higher interest rates, while noting bearish sentiment could signal future buying opportunities.

As Ignas questions the value of institutional adoption for tokens like AVAX and HYPE, these assets continue to see active trading on Pluang. As of Nov 12, 2026 11:31 WIB, AVAX trades at Rp155.592 with a 1-day gain of 2.20%, while HYPE is priced at Rp1.307.268, up 0.63% in the same period. Both tokens show strong buying interest, with 81% of AVAX and 75% of HYPE orders on Pluang being buys, reflecting ongoing investor engagement despite the skepticism around their long-term value.

More News (HYPE)

Altcoin spot ETFs see mixed flows with SOL and ZEC outflows, others stable on Nov 11, 2026

Altcoin spot ETFs see mixed flows with SOL and ZEC outflows, others stable on Nov 11, 2026

On November 11, 2026, altcoin spot ETFs showed varied net flows: Solana (SOL) and Zcash (ZEC) experienced notable outflows, continuing recent withdrawal trends. Other altcoins like XRP, Dogecoin (DOGE), Chainlink (LINK), Avalanche (AVAX), and Litecoi...

Bearish
5 hours ago
Binance launches 75x leverage contracts on HYPE and TRX amid security warning and weak sentiment

Binance launches 75x leverage contracts on HYPE and TRX amid security warning and weak sentiment

Binance introduced two new perpetual contracts with up to 75x leverage for HYPEUSDC and TRXUSDC on November 11. This launch follows a security warning about an iOS flaw that could expose users' private keys, which has dampened investor confidence. HY...

Market News
Bearish
11 hours ago
Hyperliquid (HYPE) token rises 2.18% in an hour amid $190K short liquidations on major exchanges

Hyperliquid (HYPE) token rises 2.18% in an hour amid $190K short liquidations on major exchanges

Hyperliquid (HYPE) token price increased by 2.18% within one hour to $74.09 as of Nov. 11, with a 24-hour gain of 3.64%. The price data is based on Binance's HYPE/USDT trading pair. During the same hour, short liquidations across Binance, Bybit, and ...

Market News
Bullish
16 hours ago
Super Inu surges nearly 189% in 24 hours, leading crypto search interest alongside Bitcoin and Dacity Coin

Super Inu surges nearly 189% in 24 hours, leading crypto search interest alongside Bitcoin and Dacity Coin

Super Inu (SI) saw a remarkable 188.91% gain in 24 hours, reaching $0.0172 and ranking third in crypto search interest. Dacity Coin (DACITY) led search interest at $0.0169 with a 2.34% rise, while Bitcoin (BTC) held the largest market cap at over $1....

Neutral
19 hours ago
Hyperliquid expands from crypto perps to real-world assets, boosting trading volume and token buybacks.

Hyperliquid expands from crypto perps to real-world assets, boosting trading volume and token buybacks.

Hyperliquid, a Layer 1 blockchain platform known for crypto perpetual futures (perps), is broadening its offerings to include real-world assets like oil, silver, and S&P 500 futures, as well as prediction markets. Nearly half of its trading volume no...

Protocol Fundamentals
Bullish
20 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App