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Twenty four months ago Hyperliquid did not exist in any meaningful way and $HYPE was not a conversation anyone was having.
Today $HYPE is ranked number 11 in the entire crypto market, it has $1.28 billion in daily trading volume, $5.9 billion locked in its protocol, a brand new all time high set today and the CFTC just opened US perpetuals trading on its platform.
$SOL has been in the top 10 since 2021 and is currently sitting 71% below its all time high of $293 after four years of building.
I am not saying $SOL is finished, I am saying that watching something go from nothing to number 11 in 24 months while something else goes from number 5 to still trying to reclaim old highs after four years tells you something very specific about which ecosystem the market is currently choosing to reward.
Twenty four months is a very short time to build something the market values at $14.8 billion and I think that pace of growth is just getting started. 🚀#HYPEShortSqueezeWatch #HYPEShortSqueezeWatch #CFTCOpensBitcoinPerps
Zastrzeżenie: Treść na OKX Orbiter ma charakter wyłącznie informacyjny. Dowiedz się więcej
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