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Hyperliquid HYPE surges 800 percent as it challenges Ethereum and Solana

Hyperliquid, a rising decentralized exchange and Layer-1 blockchain, has surged nearly 800% in three weeks, capturing over 50% of decentralized futures trading volume. With the upcoming HyperEVM expected to attract DeFi projects, analysts project HYPE token valuations between $41.93 and $651.48, despite risks like validator centralization and regulatory uncertainty.
17:48 17.12.2024
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