Our 2026 Predictions

Bullish:

• $XRP - Ripple has strategically used its treasury for acquisitions and has higher probability of reaching all-time high than other top 10 crypto networks due to its BD muscle and ability to grow into valuation.

  • “I think Ripple has a higher probability than pretty much any other crypto network in the top 10 to reach that all time high”

    Santi·0:00

  • “I'm actually more optimistic about Ripple and their beating muscle than any other probably any other project in the space”

    Santi·21:17

  • “Ripple is a interesting exercise where they they actually might grow into their valuation given the acquisitions that they've made”

    Santi·22:00

  • “Ripple has more breathing room to use its currency to buy real businesses to build distribution and a product and has more time to figure the shit out”

    Santi·26:17
• $STABLES - Stablecoins will become dominant settlement asset for cross-border payments, AI agents, and corporate treasury with massive growth expected in card settlement and international payments.

  • “I think that goes from 3,500,000,000.0 to over 100,000,000,000”

    Rob·33:12

  • “I think they will over twenty five percent of cross border payments will be done in stablecoin rails by the '26”

    Rob·34:35

  • “Stablecoins will become the default settlement asset for at least three categories, AI agents, corporate treasury cash management, and cross border b two b payments”

    Jason·34:13

  • “stablecoin backed USD bank accounts will become a very mainstream product in at least a few emerging markets”

    Jason·33:30
• $DEFI - DeFi applications will outperform L1s as they capture 70% of fees while representing only 10% of market cap, with mainstream fintechs adopting DeFi rails under the hood.

  • “A basket of l ones grossly underperforms a basket of of DeFi applications”

    Santi·32:00

  • “DeFi protocols capture 70% of the fees and account for less than 10% of the market cap”

    Santi·49:54

  • “the DeFi mullet comes back, but it comes back 10 times stronger”

    Jason·41:43

  • “you'll basically see most fintechs and brokerages adopt DeFi rails under the hood”

    Jason·41:48
• $AAVE - Aave has underappreciated moat in liquidity and brand with sticky deposits, trading at lowest valuation despite high TVL and potential to become a neobank.

  • “their liquidity and their brand remains probably one of the most underappreciated moats in crypto”

    Jason·43:42

  • “I think deposits are stickier, and they have been for a while”

    Santi·1:14:22

  • “I think the biggest moat, like which protocol has the biggest moat, I think it's Aave, because deposits are sticky and they have been sticky for a while and they just continue to dominate”

    Santi·1:22:04

  • “Aave's token has obviously gotten whacked. Somewhere around these prices is probably a good buy”

    Jason·44:31
• $DEPIN - Deepin companies will finally generate real revenue and lead transition from incentive-led to revenue-led protocols with 3x growth expected.

  • “I think Deepin companies lead the way from being incentive led protocols to revenue led protocols”

    Jason·1:27:10

  • “I think on chain revenue is only at, like, 40 or $50,000,000 from Deepin right now. I think that grows three x”

    Jason·1:27:05

  • “you're seeing some real demand that I think transcends the pure speculative drive, and I think that's very real”

    Santi·1:28:04

Bearish:

• $ETH - Ethereum unlikely to reach all-time high with decentralized product strategy not working and value not justifying $350B valuation.

  • “I'm very bearish Ethereum, you know, going back to its all time high”

    Santi·0:07

  • “Decentralized security, but centralized product decision making is the way to win. Ethereum does not have that”

    Santi·25:51

  • “Eth as an asset is not worth 300 and whatever billion, 350,000,000,000”

    Santi·26:01
• $LAYERONE - Layer 1 blockchains capture only 12% of total fees despite being 90% of market cap, with trend line declining and likely to rerate down.

  • “Basket of basket of l I'll I'll I'll spare Rob the regulatory, you know, the compliance headache. A basket of l ones. Lower or higher?”

    Santi·31:54

  • “Blockchain, like layer ones, layer twos are 90% of the aggregate market cap today, Marco. Their they capture less than 12% of the total fees, and that trend line has come down quite a lot”

    Santi·49:42

  • “layer ones are just gonna rerate down”

    Santi·51:02
• $COIN - Coinbase faces major competition from brokerages and Asian exchanges, hasn't had successful product launch in 5 years, and can easily trade down to $20B.

  • “US crypto exchanges will face major competition from two different sides. One is the brokerages. So both the new brokerages and the old, like the Charles Schwab's and the Robinhood's, but also from the Asian exchanges”

    Jason·1:08:20

  • “I think you can argue that Coinbase has not had a single successful product launch in five years”

    Rob·1:06:22

  • “I think Coinbase can go very easily down to 20,000,000,000”

    Santi·1:15:32