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Hyperliquid flips Solana in fees, but is the ‘HYPE’ justified?

Hyperliquid flips Solana in fees, but is the ‘HYPE’ justified?

The decentralized perpetual futures trading sector has a new leader: Hyperliquid (HYPE). Launched in December 2024, Hyperliquid has its own Layer-1 blockchain, which has surpassed Solana in 7-day fees. What’s fueling its rapid growth, and how does HYPE compare relative to Solana’s native token SOL ?…