The buying pressure for
$HYPE is getting scary right now:
▫️ETFs just recorded their highest back-to-back daily inflows at $5M+ (last 30days)
▫️$PURR continues buying
$HYPE onchain while trading at a ~20% mNAV premium, sitting on $1B+ of uPNL, increasing HYPE/share every quarter, and doing an outstanding job onboarding TradFi
▫️$14–16M in monthly
$HYPE buying pressure coming from AQA v2 yield with USDC supply at ATH
▫️Crypto trading volumes likely bottomed
▫️HyperEVM fees at ATH
▫️Builder codes revenue at YTD ATH
▫️Regulatory clarity likely brings more traders, builders and deployers, ultimately leading to an exponentially growing universe of assets, with more competition driving more innovation
And the list goes on...
Triple digits soon. Hyperliquid.