Crypto prices disconnected from fundamentals, says Franklin Crypto CIO

The cryptocurrency market is showing its strongest fundamentals in years, but prices are not reflecting this strength, according to Seth Ginns, CIO of Franklin Crypto. In an interview with CoinDesk, Ginns noted that expanding institutional adoption is accelerating the convergence of traditional finance and blockchain through instruments like stock tokens and stablecoins. He suggested that the U.S. Senate's handling of the CLARITY Act and the emergence of a revenue-focused token buying model could serve as the market's next catalysts. Ginns cited Hyperliquid as a prime example of this model, adding that protocols like Uniswap, Aave, Chainlink, and Stellar could be re-evaluated if they strengthen similar revenue-centric approaches.