The conclusion was derived from the 30-day MVRV of each of those altcoins (and bitcoin).
Based on their findings based on the market value versus realized value (MVRV) of each asset, the analysts determined the following:
📊 According to the 30-day MVRVs of cryptos large caps, which identify overvalued and undervalued assets based on traders’ average returns, here’s how things stand:
Underrated:
📌Ethereum $ETH: -14.3%Slightly underrated:
📌Bitcoin $BTC: -6.9%
📌 Chain link $LINK:… pic.twitter.com/Qu08RBaw1S— Santiment (@santimentfeed) February 20, 2026
Ethereum stands out as the king of undervaluation, at -14.3%. The largest altcoin peaked at just under $5,000 last year, which was inches above the previous all-time high. However, it has been mostly downhill since then and is currently struggling to regain the USD 2,000 resistance.
This means that even though the network capabilities have expanded, the underlying asset is now 60% away from its peak.
Bitcoin was in second place, with an undervaluation score of -6.9%. The largest digital asset shot to several new all-time highs last year, the latest of which topped $126,000 in early October. It now stands at $68,000 or 46% lower than its ATH.
LINK is third in Santiment’s rankings, with an undervaluation score of -5.1%. Chainlink’s original token was one of the few that failed to reach new peaks in 2025. It is trading at $8.88 at the time of writing, which puts it a whopping 83% away from its 2021 all-time high of $52.70.
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XRP and ADA round out Santiment’s top five, with percentages of -4.1% and -2.0%, respectively. XRP shot to a new peak of $3.65 in July last year, but is now down 60% at $1.45.
It’s worth noting that ADA is perhaps the worst performer on this list. It also couldn’t come close to its all-time high in 2021 of over $3.00 last year. Furthermore, the current price tag of $0.28 marks a 91% discount from levels seen four and a half years ago.
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