I think we need to start drawing distinct lines between pure-play chains and what Hyperliquid will undoubtedly popularize (chains w/ enshrined apps).The market will catch up to tx fee-only infra being overvalued with hard data and revenue-linked-tokens becomimg standard.Carlos 🟪 (@0xcarlosg):1/ Either HYPE is still cheap, or most L1s are overvalued.Hyperliquid is the leading chain by revenue, generating $28M weekly over the last two weeks and nearly $100M in the past 30 days.Moreover, the data shows Hyperli ...