Our neutral scenario sees NEAR trading in a wide range as its usability and sharding strengths compete with the challenge of holding durable on-chain activity.

Our bullish scenario reflects Aptos's strong engineering and fast throughput, tempered by the ongoing task of building durable ecosystem activity as a newer layer 1.

Our bearish scenario reflects the gap between Cosmos's widely used technology and ATOM's weak value capture from its sovereign-chain ecosystem.

Our bullish scenario reflects Uniswap's dominance in decentralised trading, with UNI's upside hinging on governance directing protocol fees to token holders.

Our neutral scenario reflects Stellar's clear niche in payments and stablecoins, with upside tied to real transaction and stablecoin adoption.

Our neutral scenario reflects Bitcoin Cash's fixed supply and payment focus, balanced against weaker network effects than Bitcoin.

Shiba Inu is a sentiment-driven memecoin with an enormous supply, making forecasts highly uncertain and the risk of loss substantial.

Our neutral scenario reflects Litecoin's battle-tested liquidity balanced against a narrow payments role and competition from stablecoins.

Our neutral scenario reflects Polygon's real adoption and serious scaling roadmap, balanced against a crowded layer-2 landscape.

Polkadot's shared-security design and cross-chain messaging remain technically strong, but uneven parachain adoption and heavy layer-1 competition keep our near-term stance cautious. Our modeled scenarios point to a range of roughly $4-$12 in 2026, widening toward $5-$25 by 2030, with a bearish center of gravity until on-chain activity broadens. These are scenarios, not guarantees.

Chainlink's dominance in oracle infrastructure, plus expanding cross-chain and real-world-asset roles, supports a constructive case as tokenization grows. Our scenarios point to roughly $15-$55 in 2026 and $28-$130 by 2030, with a bullish tilt tied to adoption. These are scenarios, not guarantees.

Avalanche's subnet architecture and growing institutional interest support a constructive case, contingent on attracting durable activity to its ecosystem. Our scenarios point to roughly $28-$100 in 2026 and $45-$220 by 2030, with a bullish tilt tied to real usage. These are scenarios, not guarantees.

TRON's heavy stablecoin settlement activity gives TRX unusually real usage, supporting a steady, lower-volatility base case relative to peers. Our scenarios point to roughly $0.22-$0.55 in 2026 and $0.30-$1.00 by 2030, with a bullish but grounded tilt. These are scenarios, not guarantees.

Dogecoin is driven by sentiment, culture and liquidity rather than fundamentals, making it highly volatile and hard to forecast with confidence. Our neutral scenarios point to roughly $0.12-$0.55 in 2026 and $0.15-$1.00 by 2030. These are scenarios, not guarantees, and DOGE can move sharply on mood alone.

Cardano's methodical development and large staking base provide support, but the outlook hinges on translating research into real ecosystem adoption. Our neutral scenarios point to roughly $0.50-$1.60 in 2026 and $0.80-$3.50 by 2030. These are scenarios, not guarantees.

XRP's outlook has improved with greater regulatory clarity and expanding payment use cases, supporting a constructive but volatility-prone base case. Our scenarios point to roughly $2-$6 in 2026 and $3-$12 by 2030, with a bullish tilt. These are scenarios, not guarantees.

BNB's value is tied to the health of its exchange and chain ecosystem. Steady usage and token burns underpin a constructive base case, tempered by regulatory overhang.

High throughput, low fees and a sticky developer and consumer base support a constructive view on Solana — tempered by higher beta to risk sentiment and the network's history of congestion under load.

Ethereum's move to cheap layer-2 settlement is bullish for usage but reduces base-layer fee burn — a genuine tension that keeps our medium-term stance balanced between the bull and bear cases.

Regulated ETF demand, a post-halving supply squeeze and a maturing derivatives market underpin a constructive medium-term base case for Bitcoin — though volatility remains the price of admission.