10x Research: Web3 is moving from speculation to fundamentals-driven.

Odaily News 10x Research pointed out that most investors still view the market as a “price game”, but the underlying structural changes of Web3 are profoundly reshaping the asset pricing logic. The report states that the emerging Layer1 ecosystems are for the first time showing a quantifiable relationship between “user activity and long-term value”, while the deflationary mechanism and ongoing ecological incentives are also redefining the yield structure of encryption assets. 10x Research believes that the market may be shifting from a purely speculative cycle to a phase driven by fundamentals and network growth, proposing two potential yield paths: a 35% rise potential or a 79% rise potential, depending on how investors choose to position themselves. The team stated that this could be “one of the most undervalued structural opportunities in the current cycle.”