Market Performance - Hyperliquid consistently achieves all-time highs in key metrics, including market share among CEXs, total open interest, and total trading volumes [1] - Hyperliquid has been consolidating in the $30-$50 range, a key psychological level and 5x off lows [1] - Hyperliquid underperformed ETH in the recent TOM LEE rerating, but the industry anticipates Hyperliquid will catch up on the HYPE/ETH pair [1] - The thesis remains intact, and higher majors correlate with higher price targets for $HYPE [1] Future Growth Drivers - Implementation of HIP-3 markets outside of pure crypto perps is expected [1] - Spot trading of other markets is anticipated [1] - HypeEVM activity is spiking, coupled with improvements in TPS (transactions per second) [1] - Continued growth against CEXs is projected [1]
X @Ansem
Ansem 🧸💸·2025-08-13 19:59