Perkins emphasizes token-specific activity and revenue in virtual asset valuat

Franklin Templeton’s head of digital asset investments, Christopher Perkins, said investors are increasingly evaluating individual tokens by network activity, revenue and token-specific characteristics rather than treating crypto as a single trade, according to a TheStreet interview published July 4. Perkins also said interest rates and liquidity continue to drive digital asset prices. The interview did not include survey data or fund-flow statistics, so the shift reflects his assessment rather than a measured market-wide trend. The remarks matter because they signal a move toward fundamentals-based token analysis at a major asset manager with a digital asset arm. What to watch next is whether flow and survey data confirm that investors are discriminating among tokens on activity and revenue metrics.