Alea Research: tokenization growth fails to lift token prices without holder payouts
- —BTC fell 1.48% on the week to $81,282; ETH dropped 1.12% to $2,395
- —SOL -1.58%, MORPHO -8.07%, AAVE -2.93% despite new RWA products
- —Morpho borrowers paid $22.53M in interest over 30 days, none shared with token holders
- —Aave kept $5.01M of $37.98M in interest; no buybacks since June 24
Why it matters: Tokenization headlines alone don't move prices; investors should weigh cash generation and actual holder-return mechanisms.
Source: TokenPost