



rishuz ⋈
36.6K posts

@rishuz321
Researcher AI & Web 3 | Graphic Designer | Content Writer | Ambassador @QwertiAi














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Is Crypto Winter Over? M&A, Atkins, and Corpo Tokens x.com/i/broadcasts/1…

Arthur Hayes (@CryptoHayes) dropping strong conviction on $NEAR in his latest substack article. “My next essay will explain our thesis on why the privacy narrative combined with NEAR Intents will create a positive cash flow situation for the protocol." The pieces are coming together. Here are 28 reasons why 2026 belongs to NEAR ⬇️



$NEAR is extremely undervalued. The entire supply is circulating, and all their mechanics are build in favor of the community actively using the token. Nobody is interested into AI <> #Crypto protocols. And that's where the real alpha is. The current valuation of $NEAR is $1.7B. Arguably, that could be a lot, however I'd want to make sure to understand the thesis behind this one. The revenue for 2026, in the first four months: 12 million $NEAR tokens. That's: $15.6 million in 4 months (equals $40-60 million over the entire year 2026). Before 2026, a total revenue of $10 million. If that's solely for 2025, then it's projected to provide a CAGR of 300-500%, even during the hardest bear market conditions possible. Let's model this further. 2025: $10 million 2026: $50 million (400%) 2027: $150 million (200%) 2028: $300 million (100%) 2029: $450 million (50%) 2030: $585 million (30%) The projection would be that it achieves $500-600 million revenue in 2030. To be putting this in context, the current Price-to-Sales Ratio of $NEAR is 34x. Solana's: 40x Ethereum: 200x Average valuations for Web 2 companies would be between 15-30x P/S. For instance, OpenAI and Anthropic are currently trading at significantly higher numbers than that with significantly less revenue. If this expansion continues for $NEAR, it makes sense that it will be trading at a higher valuation in the coming years, and is actually dirt cheap at this point. The markets are undervaluing many crypto projects, and even if the current P/S ratio sustains for the coming years, $NEAR could provide an investment thesis and return of 10-15X in the coming four years.










