Hyperliquid’s Record July Hints at Bigger Ambitions as Key Upgrade Nears

Hyperliquid (HYPE) achieved a major milestone by capturing up to 35% of the total revenue generated by blockchain projects in July. In this context, the upcoming HIP-3 upgrade is expected to soon make the platform a strong pillar of the DeFi market. Soaring Revenue, Record Trading Volume According to Matthew Sigel, the Head of Digital Assets Research at VanEck, Hyperliquid earned 35% of all blockchain revenue in July. This is attributed to Hyperliquid’s ability to capture much of Solana’s (SOL) recent growth by offering a simple, highly applicable product source: https://beincrypto.com/hyperliquid-surges-in-july-record-growth/