hyperliquid update #5 [$47]• consistently making all time highs in all relevant metrics (% mkt share of all CEXs, Total Open Interest, Total Trading Volumes)• has been in sideways consolidation for a couple months now in the $30-$50 range, key psychological level & 5x off lows• has underperformed ETH on the most recent TOM LEE rerating, believe hyperliquid will catch up on the HYPE/ETH pair soon• thesis still intact & higher majors go == higher price targets for $HYPEtailwinds that we haven't seen play out ...

The ETH Report for Q2 is out now — and the Livestream starts in 1 hour.+ ETH in treasuries surged +5,829%+ ETH on CEXs hit lowest level since 2016+ L2s now see 5x more daily users than L1Join @RyanSAdams and @JustDeauIt at 11 AM EST (here or on YouTube) for the full breakdown.Report now on @the_defi_report’s site.Links below ...

RT Ryan | Blockworks Research 🟪 (@_ryanrconnor)First instance of Solana outperforming CEXs in a meaningful wayProbably more to come ...

RT defi_kay_ (@defi_kay_)This sale was another positive notch for Solana over CEXs.Hearing/seeing that many struggled to even press buttons on CEXs, while the sale processed multiples more volume on Solana. https://t.co/Sv1AOanGdP ...

Every cycle issuing crypto assets gets cheaper & easier:- BTC mining started with just PCs. Now, it’s requires costly mining machines- Bitcoin forks required PoW machine as well as know-how to maintain it. Ethereum is one example. Litecoin, Bitcoin gold etc.- ERC20 made it cheap to launch tokens. But still required some smart contract knowledge.On top, listings of alts on CEXs required legal opinion letters and smart contract audits for tokens as every token was slightly different.- Now, Pump fun style plat ...