NFT

NFTs are unique digital identifiers recorded on a blockchain that certify ownership and authenticity of a specific asset. Moving past the "PFP" craze, 2026 NFTs emphasize utility, representing everything from IP rights and digital fashion to RWA titles and event ticketing. This tag explores the technical standards of digital ownership, the growth of NFT marketplaces, and the integration of non-fungible tech into the broader Creator Economy and enterprise solutions.

13207 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
Shibarium Sets 2026 for Native FHE Integration as Zama Partnership Moves Forward

Shibarium Sets 2026 for Native FHE Integration as Zama Partnership Moves Forward

The post Shibarium Sets 2026 for Native FHE Integration as Zama Partnership Moves Forward appeared on BitcoinEthereumNews.com. Shibarium is stepping into an entirely new phase of its roadmap. The Shibtoken team has now confirmed that Zama’s Fully Homomorphic Encryption (FHE) will be natively integrated into the Layer-2 network in 2026. The move positions Shibarium as one of the first EVM-compatible ecosystems to adopt full-stack, on-chain privacy at the protocol level. This is not a minor update. FHE is one of the most advanced forms of cryptography in development today. It enables computations to run directly on encrypted data without exposing the underlying information. No decryption. No leakage. No workarounds. Just end-to-end encrypted execution. If delivered as planned, Shibarium becomes a privacy-first chain built for institutions, DeFi builders, and high-security applications, without sacrificing EVM access. The confirmation was shared by @Shibtoken, with rollout and technical details reinforced by @CryptoMiners_Co. A Major Milestone: Shibarium Commits to Native FHE For months, the community speculated whether Shibarium would adopt deeper encryption standards or stick to traditional EVM privacy layers. Today, the team made it official: Zama’s FHE becomes part of Shibarium’s core infrastructure. With this upgrade, Shibarium gains capabilities that most blockchains still consider experimental. #Shibarium Confirms Native FHE Integration in 2026 The @Shibtoken team has officially confirmed that @zama’s Fully Homomorphic Encryption (FHE) will be natively integrated into #Shibarium, delivering institutional grade on chain privacy. Key features of the upgrade:– Fully… pic.twitter.com/j6MJNEvHFX — Crypto Miners (@CryptoMiners_Co) November 30, 2025 Key features confirmed:  Fully encrypted transactions from end to end  Confidential smart contracts, shielding logic, inputs, and outputs  Private DeFi with hidden balances and algorithmic logic  Privacy-preserving governance, including confidential voting  Encrypted gaming mechanics, enabling advanced data-sensitive gameplay In simple terms: users, builders, and institutions can perform complex actions on-chain without revealing their data. This sets Shibarium apart from typical privacy layers that rely on mixers, sidechains, or zero-knowledge workarounds. FHE…

Author: BitcoinEthereumNews
Based on 10 valuation methods, how much is ETH really worth?

Based on 10 valuation methods, how much is ETH really worth?

Written by Eric, Foresight News What should be the reasonable price of ETH? The market has offered numerous valuation models for this issue. Unlike Bitcoin, which has already established itself as a major asset, Ethereum, as a smart contract platform, should have a reasonable and widely accepted valuation system. However, it seems that the Web3 industry has yet to reach a consensus on this matter. A recent website launched by Hashed presented 10 valuation models that are likely to be widely accepted by the market. Of these 10 models, 8 showed that Ethereum is undervalued, with a weighted average price exceeding $4,700. So how was this price, which is close to a historical high, calculated? From TVL to staking to income Hashed categorized the 10 models into three levels—low, medium, and high—based on their reliability. We'll start with the low-reliability valuation models. TVL multiplier This model posits that Ethereum's valuation should be a multiple of its DeFi TVL, simply linking market capitalization to TVL. Hashed used the average market capitalization to TVL ratio from 2020 to 2023 (my personal understanding is from the beginning of DeFi Summer until the nested structure was not yet severe) of 7 times. By multiplying the current DeFi TVL on Ethereum by 7 and then dividing by the supply, i.e., TVL × 7 ÷ Supply, the resulting price is $4128.9, representing a 36.5% upside from the current price. This crude calculation method, which only considers DeFi TVL and cannot accurately derive the actual TVL due to its complex nested structure, certainly deserves its low reliability. Scarcity premium resulting from pledging The model takes into account that Ethereum that cannot circulate in the market due to staking will increase Ethereum's "scarcity". Multiplying the current price of Ethereum by the square root of the ratio of total supply to circulating supply, i.e., Price × √(Supply ÷ Liquid), the resulting price is 3528.2, which is 16.6% upside from the current price. This model was developed by Hashed itself, and the square root calculation is intended to mitigate extreme cases. However, according to this algorithm, ETH is always undervalued, not to mention the rationality of simply considering the "scarcity" brought about by staking and the additional liquidity of staked Ethereum released by LST, which is also very crude. Mainnet + L2 TVL multiplier Similar to the first valuation model, this model adds the TVL of all L2 and gives it a 2x weighting because of the L2's consumption of Ethereum. The calculation method is (TVL + L2_TVL×2) × 6 ÷ Supply, which gives a price of 4732.5, representing a 56.6% upside from the current price. As for the number 6, although it's not specified, it's likely a multiplier derived from historical data. While L2 is included, this valuation method still simply references TVL data and isn't significantly better than the first method. "Commitment" Premium This approach is similar to the second model, except it adds Ethereum locked in DeFi protocols. The multiplier in this model is calculated by dividing the total amount of ETH staked and locked in DeFi protocols by the total ETH supply. This multiplier represents a percentage premium resulting from a "long-term holding belief and lower liquidity supply." Adding this percentage to 1 and multiplying it by the "committed" asset's value premium index of 1.5 relative to liquid assets yields a reasonable ETH price under this model. The formula is: Price × [1 + (Staked + DeFi) ÷ Supply] × Multiplier, resulting in a price of $5097.8, representing a 69.1% upside from the current price. Hashed stated that the model was inspired by the concept that L1 tokens should be considered as currency rather than stocks, but it still falls into the problem of the fair price always being higher than the current price. The biggest problem with the four unreliable valuation methods mentioned above is the lack of rationality in considering a single dimension. For example, a higher TVL (Total Value Limit) is not necessarily better; providing better liquidity with a lower TVL is actually an improvement. As for treating Ethereum, which does not participate in circulation, as a form of scarcity or loyalty that generates a premium, this seems unable to explain how to value it once the price actually reaches the expected price. Having discussed four low-reliability valuation schemes, let's now look at five medium-reliability schemes. Market capitalization/TVL fair value This model is essentially a mean reversion model. The calculation method assumes that the historical average value of the market capitalization to TVL ratio is 6 times. If it exceeds 6 times, it is considered overvalued, and if it is not 6 times, it is considered undervalued. The formula is Price × (6 ÷ Current Ratio), which gives a price of $3,541.1, representing a 17.3% upside potential from the current price. This calculation method, which superficially references TVL data, actually takes into account historical patterns and uses a more conservative valuation approach, which does seem more reasonable than simply referencing TVL. Metcalfe's Law Metcalfe's Law is a law concerning the value of networks and the development of network technology. Proposed by George Gilder in 1993, it is named after Robert Metcalfe, a pioneer in computer networking and founder of 3Com, in recognition of his contributions to Ethernet. It states that the value of a network is equal to the square of the number of nodes within it, and that the value of the network is directly proportional to the square of the number of connected users. Hashed stated that the model has been empirically validated by academic researchers (Alabi 2017, Peterson 2018) on Bitcoin and Ethereum. TVL is used as a proxy metric for network activity. The calculation formula is 2 × (TVL/1B)^1.5 × 1B ÷ Supply, yielding a price of $9957.6, representing a 231.6% upside from the current price. This is a relatively professional model, and it has also been marked by Hashed as an academically validated model with strong historical relevance. However, it is somewhat biased to consider TVL as the sole factor. Discounted Cash Flow Method This valuation model is currently the most effective way to value Ethereum as a company, treating Ethereum's staking rewards as revenue and calculating its current value using the discounted cash flow (DCF) method. Hashed's calculation is Price × (1 + APR) ÷ (0.10 - 0.03), where 10% is the discount rate and 3% is the perpetual growth rate. This formula is clearly flawed; the actual result should be Price × APR × (1/1.07 + 1/1.07^2 + ... + 1/1.07^n) as n approaches infinity. Even using the formula provided by Hashed, this result cannot be calculated. If calculated with an annualized interest rate of 2.6%, the actual reasonable price should be around 37% of the current price. Valuation by price-to-sales ratio In Ethereum, the price-to-sales ratio (P/S ratio) refers to the ratio of market capitalization to annual transaction fee revenue. Since transaction fees ultimately go to validators, there is no price-to-earnings ratio (P/E ratio) for the network. Token Terminal uses this method for valuation, with 25 times earnings representing a growth-oriented tech stock valuation level, which Hashed calls the "industry standard for L1 protocol valuation." The model's calculation formula is Annual_Fees × 25 ÷ Supply, resulting in a price of $1285.7, representing a 57.5% downside from the current price. The two examples above show that Ethereum's price is severely overvalued using traditional valuation methods. However, Ethereum is clearly not an application, and in my opinion, this valuation method is flawed even in its underlying logic. On-chain total asset valuation This valuation model, while seemingly illogical at first glance, makes some sense upon closer examination. Its core argument is that for Ethereum to ensure network security, its market capitalization should match the value of all assets settled on it. Therefore, the calculation is simple: divide the total value of all assets on Ethereum, including stablecoins, ERC-20 tokens, NFTs, etc., by Ethereum's total supply. The result is $4923.5, representing a 62.9% upside from the current price. This is the simplest valuation model to date, but its core assumptions give the impression that something is wrong, though it's hard to pinpoint exactly what's wrong. Income bond model The only highly reliable valuation model among all available, which Hashed claims is favored by TradeFi analysts who assess cryptocurrencies as an alternative asset class, is one that values Ethereum as a yield bond. The calculation method divides Ethereum's annual revenue by its staking yield to calculate its total market capitalization, using the formula Annual_Revenue ÷ APR ÷ Supply. This yields a value of $1941.5, representing a 36.7% downside from the current price. The only instance, perhaps due to its widespread adoption in the financial sector and its perceived high reliability, is that Ethereum's price has been "undervalued" using traditional valuation methods. Therefore, this could be strong evidence that Ethereum is not a security. Valuing a public blockchain may require considering a variety of factors. The valuation system for public blockchain tokens may need to consider many factors. Hashed calculated a weighted average of the above 10 methods based on reliability, and the result was about $4,766. However, given that the calculation of the discounted cash flow method may be incorrect, the actual result may be slightly lower than this figure. If I were to value Ethereum, my core algorithm would likely focus on supply and demand. Since Ethereum is a "currency" with practical uses—whether paying gas fees, buying NFTs, or forming LPs—ETH is required. Therefore, it might be necessary to calculate a parameter based on network activity levels to measure the supply and demand of ETH over a period of time. This parameter would then be combined with the actual cost of executing transactions on Ethereum and compared to prices under similar historical parameters to arrive at a fair price. However, according to this method, if the growth in activity on Ethereum cannot keep up with the decline in costs, there is a reason why the price of ETH will not rise. In the past two years, the level of activity on Ethereum has actually been higher than that during the bull market in 2021 at some points, but due to the decline in costs, the demand for Ethereum is not high, resulting in an actual oversupply of Ethereum. However, the only thing that this valuation method, which compares with history, cannot take into account is Ethereum's potential. Perhaps at some point, when Ethereum experiences the same boom as when DeFi was emerging, we will need to factor in the "market-to-dream ratio".

Author: PANews
Best 100x Crypto to Watch: Is Apeing the Next Crypto Breakout of the Year?

Best 100x Crypto to Watch: Is Apeing the Next Crypto Breakout of the Year?

Don’t miss $APEING Stage 1 at $0.0001. Whitelist is filling fast, and presale is going live soon. Join the next top 100x crypto before the hype explodes.

Author: Blockchainreporter
Fastest-Growing Altcoin: Analysts Favor GeeFi (GEE) Over Shiba Inu (SHIB) as Presale Raises $500K in Days After Launch

Fastest-Growing Altcoin: Analysts Favor GeeFi (GEE) Over Shiba Inu (SHIB) as Presale Raises $500K in Days After Launch

GeeFi has become one of the most talked-about projects in crypto, closing Phase 1 of its GEE token presale in just over a week with 10 million tokens sold. Thousands of investors have rushed to participate, driven by 55% APR staking, the expanding GeeFi wallet ecosystem, and an anticipated ROI over 3000% for early participants. […] The post Fastest-Growing Altcoin: Analysts Favor GeeFi (GEE) Over Shiba Inu (SHIB) as Presale Raises $500K in Days After Launch appeared first on TechBullion.

Author: Techbullion
NFT​-markt veert op: handelsvolume stijgt naar $77 miljoen

NFT​-markt veert op: handelsvolume stijgt naar $77 miljoen

De NFT-markt zit weer in de lift. Afgelopen week steeg het wereldwijde handelsvolume tot $77,04 miljoen, bijna 10 procent meer dan de week ervoor. Het aantal actieve deelnemers en transacties groeide mee. Check onze Discord Connect met "like-minded" crypto enthousiastelingen Leer gratis de basis van Bitcoin & trading - stap voor stap, zonder voorkennis. Krijg duidelijke uitleg & charts van ervaren analisten. Sluit je aan bij een community die samen groeit. Nu naar Discord Handel trekt aan: meer kopers, meer actie Na een periode van relatieve stilte liet de NFT-markt weer duidelijke activiteit zien. Het omzetcijfer van $77,04 miljoen betekende een toename van 9,78 procent ten opzichte van de $72,53 miljoen van de week ervoor. Ook het aantal unieke kopers nam toe: een stijging van 25,34 procent tot 397.409. Het aantal verkopers groeide met 15,56 procent naar 349.725. Opvallend is het stijgende aantal transacties. Bijna 1,4 miljoen NFT’s wisselden van eigenaar, goed voor een plus van 42,96 procent. Deze cijfers wijzen op een hernieuwde dynamiek in de NFT-handel, verspreid over de belangrijkste blockchains. NFT’s market capitalization has fallen 46% in just 30 days. – cointelegraph pic.twitter.com/T5PWGem8Xq — Sjuul | AltCryptoGems (@AltCryptoGems) November 5, 2025 Collecties in de lift en opvallende stijgers In de lijst met best presterende NFT-collecties staat Algebra Positions NFT V2 op Ethereum bovenaan. De collectie behaalde $9,60 miljoen aan verkopen, een stijging van 34,82 procent. DMarket op Mythos volgt met $7,77 miljoen aan omzet, een plus van 17,78 procent, en voert met ruim 206.000 transacties het volume aan. DX Terminal op Base viel extra op door een groei van 456,03 procent. De collectie haalde $2,91 miljoen op en noteerde bijna 233.000 transacties. Bekende namen als CryptoPunks deden ook mee: $2,73 miljoen omzet (+17,67%). Pudgy Penguins daalde licht naar $2,68 miljoen, maar blijft populair binnen de community. De bredere cryptomarkt liet eveneens herstel zien. Bitcoin steeg opnieuw boven de $90.000 en Ethereum noteerde weer boven de $3.000. De stijgende koersen, gecombineerd met meer handelsactiviteit, zorgen voor groeiend vertrouwen in de markt voor digitale verzamelobjecten. Best wallet - betrouwbare en anonieme wallet Best wallet - betrouwbare en anonieme wallet Meer dan 60 chains beschikbaar voor alle crypto Vroege toegang tot nieuwe projecten Hoge staking belongingen Lage transactiekosten Best wallet review Koop nu via Best Wallet Let op: cryptocurrency is een zeer volatiele en ongereguleerde investering. Doe je eigen onderzoek. Het bericht NFT​-markt veert op: handelsvolume stijgt naar $77 miljoen is geschreven door Sebastiaan Krijnen en verscheen als eerst op Bitcoinmagazine.nl.

Author: Coinstats
Composite of ETH Valuation Models Places ETH Fair Value at $4,839: Analyst

Composite of ETH Valuation Models Places ETH Fair Value at $4,839: Analyst

The post Composite of ETH Valuation Models Places ETH Fair Value at $4,839: Analyst appeared on BitcoinEthereumNews.com. The native token of the Ethereum network, Ether (ETH), is undervalued in nine out of 12 commonly used valuation models, according to Ki Young Ju, a market analyst and CEO of crypto market analysis platform CryptoQuant. A composite “fair value” using all 12 valuation models prices ETH at about $4,836, an over 58% gain compared to its price at the time of this writing. Each valuation model was rated on a three-tiered scale for reliability, with three being the most reliable. Eight out of the 12 models feature a reliability rating of at least two. “These models were built by trusted experts across academia and traditional finance,” Ju said.  12 different ETH valuation models signal that ETH is undervalued at current market prices just north of $3,000. Source: ETHval The App Capital valuation model, which accounts for total on-chain assets, including stablecoins, ERC-20 tokens, non-fungible tokens (NFTs), real-world tokenized assets (RWAs), and bridged assets, prices ETH at a fair value of $4,918, according to ETHval. Using Metcalfe’s Law, which states that the value of a network grows in proportion to the square of real active users or the number of nodes in the network, projects an ETH price of $9,484, meaning the asset is over 211% undervalued, according to the model. Valuing ETH through the Layer-2 (L2) framework, which accounts for the total value locked (TVL) in Ethereum’s layer-2 scaling network ecosystem, projects a price of $4,633 per ETH, meaning that ETH is about 52% undervalued. The composite fair value of ETH over one year. Source: ETHval The Ethereum community and analysts continue to debate how to value the world’s first smart contract platform properly, with many saying that traditional valuation models are not sufficient to value nascent digital assets and decentralized blockchain networks. Related: Ethereum ICO whale cashes out…

Author: BitcoinEthereumNews
GeeFi (GEE) Becomes Fastest Growing Altcoin as 10M Tokens Sell in Days, Outshining Cardano’s (ADA) 4.3% Gain

GeeFi (GEE) Becomes Fastest Growing Altcoin as 10M Tokens Sell in Days, Outshining Cardano’s (ADA) 4.3% Gain

GeeFi’s GEE token presale has closed Phase 1 in just over a week, selling 10 million tokens and attracting thousands of investors. Analysts highlight up to 55% APR staking, the rapidly expanding GeeFi wallet ecosystem, and a projected ROI over 3000% as major factors driving the presale momentum. Phase 2 is live with a 20% […] The post GeeFi (GEE) Becomes Fastest Growing Altcoin as 10M Tokens Sell in Days, Outshining Cardano’s (ADA) 4.3% Gain appeared first on TechBullion.

Author: Techbullion
Most ETH Valuation Models Indicate Undervaluation, Though One Signals Overpricing

Most ETH Valuation Models Indicate Undervaluation, Though One Signals Overpricing

The post Most ETH Valuation Models Indicate Undervaluation, Though One Signals Overpricing appeared on BitcoinEthereumNews.com. Ethereum valuation models largely indicate that ETH is undervalued at current prices around $3,000, with a composite fair value of $4,836 suggesting over 58% upside potential, though one key model warns of overvaluation by 57% due to declining network revenue. Nine out of 12 models rate ETH as undervalued, pointing to strong growth prospects based on on-chain activity and network metrics. Models like App Capital and Metcalfe’s Law project fair values up to $9,484, highlighting Ethereum’s expanding ecosystem. Despite optimism, the Revenue Yield model values ETH at $1,296, citing record-low fees and competition from other blockchains, with data from ETHval analysis. Discover why Ethereum valuation models show ETH as mostly undervalued at $3,000, with fair value estimates up to $9,484. Explore key insights and one contrarian view in this analysis. Stay informed on crypto trends today. What Do Ethereum Valuation Models Say About ETH’s Current Price? Ethereum valuation models predominantly suggest that Ether (ETH) remains undervalued at its current market price just above $3,000, with most projections indicating significant room for growth. According to analysis from CryptoQuant CEO Ki Young Ju, nine out of 12 established models position ETH below its fair value, driven by robust on-chain metrics and network expansion. A composite fair value across these models estimates ETH at approximately $4,836, representing more than a 58% increase from recent levels, underscoring Ethereum’s foundational role in decentralized finance. 12 different ETH valuation models signal that ETH is undervalued at current market prices just north of $3,000. Source: ETHval The native token of the Ethereum network, Ether (ETH), powers the world’s leading smart contract platform, facilitating everything from decentralized applications to tokenization of real-world assets. These valuation models draw from diverse methodologies, including on-chain data, network growth theories, and economic indicators, to assess ETH’s intrinsic worth. Ki Young Ju, a…

Author: BitcoinEthereumNews
2025’s Best Crypto Pick? Milk Mocha’s $HUGS Blends Emotion, NFTs, and 60% Staking with 100x ROI Promise

2025’s Best Crypto Pick? Milk Mocha’s $HUGS Blends Emotion, NFTs, and 60% Staking with 100x ROI Promise

In 2025, it’s becoming clear that not every major crypto success will come from AI innovation or complex trading systems. Some of the most powerful movements are rooted in emotion, connection, and shared experiences. That’s exactly what defines the Milk Mocha ($HUGS) Token. What may look like a fun project centered around two adorable bears

Author: Coinstats
Ethereum Whales And Binance Signal Potential Price Rally

Ethereum Whales And Binance Signal Potential Price Rally

Crypto market analysis currently shows a critical divergence in on-chain data, indicating strong potential for a significant upside move. Recent findings confirm that influential Ethereum Whales are aggressively accumulating ETH, which pushed their total holdings to a historic high. Simultaneously, Binance has seen ETH reserves plummeting, while stablecoin reserves surged to a new record. Historic Accumulation by Ethereum Whales Ethereum’s most influential market participants have shifted their strategy toward aggressive long-term accumulation. Data identifies holders with balances between 10,000 and 100,000 ETH as the primary drivers of this trend. The influential group recently pushed their total balance past 21 million ETH, setting a new record and a strong accumulation wave. Mid-cap whales used recent months to increase their holdings. Such a demographic often acts as a leading indicator for broader market trends. Their refusal to sell, combined with active buying, establishes a high-conviction floor for the asset. Confidence extends beyond the mid-cap tier to the largest entities in the ecosystem. The “mega-whale” cohort, defined as addresses holding more than 100,000 ETH, has expanded its balance to approximately 4.3 million ETH. This rise reflects a decisive shift in sentiment among institutional and highly liquid investors. In the past, when these huge groups buy, it comes before a strong price support level. These bases often act as starting points for big market rallies as the investors see current prices as a good deal. By locking away millions of ETH, they cut the supply available for trading. Both mid-cap whales and mega-whales increased their ETH holdings. – Source: CryptoQuant Learn more: NFTPlazas Guide: Ethereum Blockchain Fundamental Falling Binance Reserves, Record Stablecoin Inflows Data from Binance, the world’s largest exchange, backs up the bullish idea. Since August 15th, the exchange has seen a big difference in money flows. In just a few months, Ethereum reserves on Binance nearly dropped by half. The total value fell from over 20 billion to under 11 billion. The actual number of Ethereum tokens dropped to 3.764 million ETH in November. Investors clearly prefer cold storage or staking instead of keeping assets on exchanges. While volatile assets leave exchanges, stablecoins are flooding in. The inflow creates a strong opposite trend. Tether (USDT) reserves across TRC20 and ERC20 networks on Binance surged from 26 billion to a record-breaking 42 billion. This metric serves as the key to understanding the current market sentiment. Traders have taken profits during previous peaks but have not exited the crypto ecosystem. Instead of leaving, they put cash into stablecoins right on the exchange. The USDT setup shows that traders are not bearish; they are waiting for the right moment. Binance reserves show decreasing ETH supply while stablecoins surged. – Source: CryptoQuant What Comes Next? The data mix creates a “coiled spring” effect in the market. Two strong forces now meet: a dropping supply of assets for sale (BTC and ETH) and an all-time high in buying power (USDT reserves). Market players currently show “armed patience.” Investors wait for a specific sign, such as a price dip or better economic news, to use this money. When this cash floods the market, it chases a small supply of coins. Thus, the on-chain signs give a clear outlook: The market looks quiet but holds lots of cash. Whales act with conviction by removing supply, while traders stand ready with record levels of stablecoin capital. This structure typically precedes significant market volatility favoring the upside. As the supply of Ethereum and Bitcoin disappears into cold storage, the $42 billion in stablecoin reserves will likely fuel the next big market growth. The post Ethereum Whales And Binance Signal Potential Price Rally appeared first on NFT Plazas.

Author: Coinstats