Hyperliquid’s $200 billion pitch: Is this next Solana-scale DeFi bet?: Asia Morning Briefing

Good Morning, Asia. Here's what's making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk's Crypto Daybook Americas.Crypto’s next $200 billion valuation debate may already be taking shape, and it looks a lot like Solana during the last cycle, according to a new report from Cantor Fitzgerald, which initiates coverage of Hyperion DeFi (HYPD) and Hyperliqui ...