Svmuu, Hyperliquid's native token HYPE surpassed Solana's SOL in price on Wednesday, marking a significant milestone for the decentralized perpetual exchange.
Data shows that HYPE hit a new all-time high of $74.67 on Tuesday and is currently trading around $73.15, surpassing SOL's price of $72.35. Meanwhile, SOL has fallen to its lowest level since 2023.
Although HYPE's market cap has risen to over $16 billion, it remains significantly below Solana's market cap of approximately $42 billion. CoinShares noted that HYPE is one of the few crypto assets with a direct link between its protocol activity and token demand.
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HYPE price officially surpasses SOL
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Source：Odaily · Source Link
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