@evgeniy
Hyperliquid flipped Solana by FDV last week (not market cap but still insane).
For the first time in a while, crypto has a proper good vibes / cult + strong fundamentals trade.
Few catalysts which are (partly) responsible for HYPE ATH:
- 21Shares launched THYP on Nasdaq
- Bitwise launched BHYP on NYSE
- ETF volume up only
- SpaceX pre-IPO perps went live on Hyperliquid (via Trade xyz)
- wallets linked by on-chain trackers to Grayscale / Galaxy / a16z started buying
- Usage: ~$5B+ daily perp volume, ~$7B open interest, ~$2.5M daily fees + token buybacks
Don't gamble. Own casino. Hyperliquid.
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