A brand new report from market skilled Sam Daodu argues that a number of large-cap cryptocurrencies, together with XRP, are nonetheless “undervalued” relative to the exercise and infrastructure constructing beneath them.
In Daodu’s view, the altcoin market hasn’t absolutely recovered from the drawdown that pushed crypto into bear territory—an surroundings the place most main tokens have fallen a lot more durable than Bitcoin (BTC) and have struggled to regain momentum.
The Ethereum Puzzle
The skilled begins with Ethereum (ETH), stating an attention-grabbing disconnect; the worth is down, but the community’s utilization stays robust. Ethereum is buying and selling about 57% beneath its August 2025 all-time excessive of $4,946. However he stresses that on-chain fundamentals don’t line up with that degree of weak spot.
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Ethereum, he says, holds roughly $43 billion in complete worth locked (TVL) throughout its decentralized finance (DeFi) protocols—greater than every other blockchain—whereas additionally sustaining the most important pool of DeFi capital, the widest stablecoin base, and among the deepest buying and selling infrastructure within the ecosystem.
Daodu hyperlinks a part of that valuation hole to an improve schedule geared toward bettering efficiency. He factors to Glamsterdam, focused for mid-2026, as a possible catalyst that might handle the longstanding complaints which have saved ETH beneath present peaks regardless of report on-chain exercise.
CLARITY Act Momentum For XRP
XRP is one other centerpiece of the report, and Daodu’s case is constructed on the concept that the ledger is seeing elevated exercise at the same time as worth consolidation continues. He says XRP has spent a lot of 2026 buying and selling between $1.30 and $1.50, sitting round 62% beneath its July 2025 excessive of $3.65.
Whereas that appears like a stagnant vary on charts, Daodu argues the XRP Ledger has been “busier than ever.” He factors to every day transactions hitting 3 million in March, pushed by new buying and selling swimming pools, stablecoins, and real-world property (RWAs) shifting onto the chain.
Then got here a regulatory turning level. On Might 14, the US Senate Banking Committee superior the CLARITY Act in a 15-9 vote. He describes the invoice as one that may completely classify XRP as a commodity beneath federal regulation, with the following step being consideration on the Senate ground.
Daodu emphasizes that whereas the joint SEC-CFTC ruling already gave XRP commodity standing on the company degree, an company ruling could be reversed by a future administration—whereas laws is more durable to undo.
That distinction, he says, is a part of why establishments proceed accumulating XRP even because the token’s worth has struggled. He provides that Customary Chartered expects the invoice might deliver an estimated $4 billion to $8 billion into spot XRP ETFs and push the token to not less than $8.
Solana’s ‘Value Vs Fundamentals’ Case
Solana’s part follows an analogous worth vs. fundamentals theme. Daodu says SOL peaked at $295 in January 2025, then slid practically 70% to $85. Even with that strain on the chart, he argues the community’s trajectory stays constructive.
He highlights the March 17, 2026 SEC-CFTC steering that categorized XRP and Ethereum as digital commodities, noting that the steering additionally coated Solana and cleared the safety label that had saved massive funds cautious.
On prime of that regulatory backdrop, Daodu factors to developer progress and utilization metrics. Solana reportedly added greater than 11,500 new builders within the first 9 months of 2025, second solely to Ethereum.
Why Chainlink Seems to be Low-cost
Chainlink, Daodu suggests, could also be undervalued exactly as a result of it doesn’t at all times dominate mainstream retail conversations. He says LINK trades round $9.50, down 82% from its Might 2021 all-time excessive of $52.99.
However he argues that Chainlink’s position out there is way greater than its spot worth response. Daodu factors to Chainlink’s worth feeds and its Cross-Chain Interoperability Protocol (CCIP), describing how these instruments underpin the real-world asset (RWA) economic system.
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He additionally factors to scale and quantity. Daodu says Chainlink secures over $75 billion in complete worth throughout crypto, and that CCIP alone strikes round $18 billion in switch quantity each month.
Analysts, he provides, venture the oracle sector might develop tenfold by 2030, and that if the prediction holds, Chainlink could be positioned because the spine of that growth.
Featured picture created with OpenArt; chart from TradingView.com