Five Altcoins With Revenue Models Set for Major Gains
An analyst has identified five altcoins that generate revenue through fees, buybacks, burns, or staking rewards. These tokens rely on sustainable models rather than fleeting trends. Each has two bullish price targets extending through 2028.
The highest potential gain is predicted for Hyperliquid, currently trading around $89. The targets are $200 and $300, which would imply a market value of $200 billion to $300 billion. Hyperliquid reported $685 million in revenue over the past year, with some fees used to buy and burn HYPE tokens. The analyst noted that achieving the higher target would require substantial growth.
Injective is another standout, trading near $7.50 with targets of $50 and $90. The network uses revenue to buy back and burn INJ tokens, with over 7 million tokens already destroyed. The $90 target would put its market value at about $10 billion.
NEAR Protocol focuses on cross-chain swaps without bridges. Its fee switch went live in February 2026, and part of that revenue counts as protocol income. The targets are $30 and $60, with a cumulative volume of $20 billion reported by July. A proposal to cut token issuance to 1.6% is under discussion.
Aerodrome operates on the Base network and trades near $0.80. Holders can lock tokens to vote on rewards and share exchange revenue. The targets are $3.50 and $6 to $8, with $185 billion in cumulative volume and $270 million in swap fees recorded by April 2026. A merger with Velodrome could impact token supply.
Pendle allows users to split yield-bearing assets into parts for separate trading. About 80% of its fees go toward buying back PENDLE, with stakers receiving distributions every two weeks. The targets are $8 and $15, with the protocol needing $60 million in annual revenue to justify the lower target and $100 million for the higher one.