A recent report from a market expert suggests that a number of large-cap cryptocurrencies remain “undervalued” when considering the ongoing activity and infrastructure development supporting them. In that view, the altcoin market continues to recover from the substantial downturn that pushed crypto into a bearish phase—an environment where many prominent tokens have seen sharper declines than Bitcoin and have struggled to regain their upward momentum. The expert begins by discussing Ethereum, highlighting a notable disconnect: while the price has declined, the network’s usage continues to show resilience. Ethereum is currently valued around 57% less than its peak of $4,946 achieved in August 2025. However, he emphasises that the on-chain fundamentals do not correspond with such a level of weakness. Ethereum, he states, possesses approximately $43 billion in total value locked within its decentralised finance protocols—surpassing all other blockchains—while also upholding the most extensive pool of DeFi capital, the broadest stablecoin base, and some of the most robust trading infrastructure in the ecosystem. Daodu attributes part of that valuation gap to a schedule of upgrades aimed at improving performance. He emphasises Glamsterdam, expected in mid-2026, as a potential trigger that could address the ongoing issues that have hindered ETH from exceeding its current peaks, despite record on-chain activity.
XRP emerges as a key highlight in the report, with Daodu’s case underscoring that the ledger is witnessing increased activity even amid ongoing price consolidation. He states that XRP has been trading in the range of $1.30 to $1.50 for a significant portion of 2026, currently positioned approximately 62% lower than its peak of $3.65 reached in July 2025. While that seems to be a flat range on charts, Daodu argues that the XRP Ledger has been “busier than ever.” He emphasises that daily transactions hit 3 million in March, driven by the launch of new trading pools, stablecoins, and the integration of real-world assets onto the chain. Then arrived a crucial turning point in governance. On May 14, the US Senate Banking Committee advanced the CLARITY Act, approving it with a 15-9 vote. He describes the bill as one that would permanently classify XRP as a commodity under federal law, with the next step being discussion on the Senate floor. Daodu emphasises that while the joint SEC-CFTC ruling has classified XRP as a commodity at the agency level, this decision could be reversed by a future administration—contrasting with legislation, which is harder to undo.
He notes that this difference is a crucial factor for institutions continuing to accumulate XRP, even with the token’s persistent price challenges. He adds that Standard Chartered anticipates the bill could generate an estimated $4 billion to $8 billion for spot XRP exchange-traded funds and drive the token to a minimum of $8. Solana’s segment aligns with a similar narrative of price versus fundamentals. Daodu reports that SOL peaked at $295 in January 2025, followed by a substantial drop of almost 70% to $85. Despite the pressure reflected in the chart, he argues that the network’s trajectory remains positive. He highlights the March 17, 2026 SEC-CFTC guidance that classified XRP and Ethereum as digital commodities, noting that the guidance also encompassed Solana and eliminated the security designation that had caused significant funds to be cautious. Alongside the regulatory context, Daodu emphasises the expansion of developers and the statistics related to usage. Solana has reportedly welcomed over 11,500 new developers in the first nine months of 2025, establishing itself as the second-largest hub for developer activity, following Ethereum.
Daodu suggests that Chainlink might be undervalued, particularly because it doesn’t have a steady presence in mainstream retail conversations. He states that the asset is currently trading at approximately $9.50, reflecting a decline of 82% from its all-time high of $52.99 reached in May 2021.However, he argues that Chainlink’s importance in the market goes far beyond its price changes. Daodu emphasises the significance of Chainlink’s price feeds and its Cross-Chain Interoperability Protocol, showcasing how these resources bolster the real-world asset economy. He also emphasises size and quantity. Daodu reports that Chainlink secures over $75 billion in total value within the crypto space, with CCIP facilitating around $18 billion in transfer volume each month. Experts anticipate that the oracle sector may experience a tenfold increase by 2030, and if this forecast proves accurate, Chainlink would be well-placed as a fundamental component of that growth, he notes.