Urgent 🚨$ETH

The fees of Hyperliquid have exceeded one billion US dollars, which is a strong confirmation of the validity of the App Chain hypothesis. The platform has generated 100 million US dollars in fees over the past thirty days, placing it among the leading platforms, often exceeding the daily profits of Solana and Ethereum. $HYPE

The market has already absorbed this information. The currency $HYPE is trading at a price of 32.47 US dollars, down 2.4% today, as short-term speculators are selling after this news. Open trading volume is still increasing (+10%), indicating that large capitals are accumulating their positions, but the flow of buyers is currently negative with a decline in individual investor sales.

The long-to-short ratio is high at 1.5, which indicates some downside risk in the near term in case of greater pressure. In the long term, it is difficult to bet against a protocol that holds 21% of the perpetual trading market and enjoys daily economic activity that exceeds most Tier 1 platforms. Expect price stabilization around 30 US dollars to confirm the next phase of the rise.