Quantum Computing▲
Next Crypto Bull Market to Favor Cash-Flow Coins Over Narratives
The next crypto bull market is expected to reward tokens that return cash flow to holders, shifting away from the narrative-driven gains of the last cycle. Projects like Hyperliquid, Lighter, and Bittensor are leading this trend by using mechanisms such as fee buybacks and burns to directly compensate token holders. Hyperliquid’s Assistance Fund has bought back over $2 billion worth of HYPE tokens, removing 4.7% of its maximum supply, while Lighter has permanently burned 6.3% of its LIT supply through similar repurchases. Bittensor’s subnet tokens, like Chutes, recycle platform revenue into buybacks, allowing holders to capture value from demand for AI computing services. Meanwhile, quantum computing poses a major risk, with Bitcoin needing to implement quantum-resistant measures like the BIP-360 proposal accepted in February 2026, and financial privacy is expected to emerge as a key theme alongside continued meme coin speculation.
About megatrends
Quantum Computing › Quantum-Safe / Post-Quantum Cryptography ▼Regulation
Digital Finance & Tokenization › Crypto Exchanges, Custody & Digital-Asset Infrastructure Technology
HYPE · Demand · Positive Hyperliquid's fee buyback mechanism directly rewards holders, driving demand for HYPE tokens.
LIT · Demand · Positive Lighter's permanent burn of 6.3% of LIT supply through repurchases rewards holders.
TAO · Demand · Positive Bittensor's subnet tokens like Chutes recycle revenue into buybacks, benefiting TAO holders.
Chutes · Demand · Positive Chutes benefits from Bittensor's subnet token buyback model, capturing value from AI demand.