Recent market trends have prompted a reevaluation of altcoins alongside the continued prominence of established tokens. Given current liquidity conditions and regulatory developments, which digital assets would be considered technically and fundamentally sound investments for a mid- to long-term horizon? Specifically, I am interested in tokens with robust tokenomics, active developer communities, and clear use cases that demonstrate resilience against market volatility.
I have been monitoring several projects incorporating innovations such as interoperability and layer-two scalability solutions. However, the challenge lies in discerning between those with speculative hype and those with substantiated value propositions. Additionally, how should emerging decentralized finance protocols be weighed against traditional blockchain infrastructure projects when constructing a diversified portfolio?
Any insights into the risk-adjusted frameworks applicable to this selection process, including metrics for liquidity, developer engagement, and evolving regulatory environments, would be greatly appreciated.