Hype 1T is only a 20-50x from here (depending which measure of supply you want to use). Do some math:
There's ~150 stock pairs on hl today. Across America, EU, Asia, etc. there's ~32,000 stocks. So there's 200x+ more stocks to be listed. & hl can keep growing volume on stocks. I don't think it's insane to say they can do a 1,000x+ on stock volumes without even starting to eat into the major exchanges (now imagine the scenario where they do?!)
You should probably also assume crypto gets bigger. whether you think Bitcoin wins, or Zcash, or Ethereum, or Solana, or Pumpfun, or NEAR, or whatever - I kinda assume we agree crypto will be bigger than it is today 10 years from now. That will drive an insane amount of volume, and as crypto matures and more coins become real investments, volumes should grow and get healthier since the investable scope of the sector grows
Then you should also consider all the priority fees they make (non-zero revenue already today) with all this future trading activity coming onchain
Then you should also consider all the USDC on platform paying them yield to support all this OI
Then you should also assume they'll probably figure out some other ways to make money: maybe prediction markets, maybe options, lending/borrowing as they white-label the risk engine, maybe HyperEVM starts to work
Long story short, hl at least has the potential to 1,000x their business. Say the token needs a full 50x. They only need to capture 5% of that potential. This is absolutely a bet on their continued execution but given the track record, I'm fine making that bet until I see otherwise.
> Ask yourself, can Jeff capture 5% of the full opportunity available to hl? I think probably
This is what I mean by buy & hold good coins, If literally all of finance is coming onchain, these numbers can get ridiculous. My analysis is quick & dirty here, if you want real stuff go read
@defi_monk, but it's just to remind of the true scale available to GOOD-WINNING projects like hl (which won't be the only one)