Bitwise CEO Pushes ‘Revenue Chain’ Narrative for HYPE, SOL
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Bitwise CEO Hunter Horsley said Hyperliquid and Solana now lead a 'revenue chain' category of crypto networks that generate meaningful income from real trading activity. Market data shows Hyperliquid produced nearly 40% of blockchain fees last week, and Bitwise CIO Matt Hougan called HYPE a 'Gen 2' token as ETF demand and institutional positioning accelerate, highlighting revenue-driven DeFi adoption and potential market impact.
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- Bitwise CEO says Hyperliquid and Solana are leading a new “revenue chain” category.
- Hyperliquid generated nearly 40% of blockchain fees last week, as per market data.
- Bitwise’s CIO Matt Hougan has described HYPE as a “Gen 2” crypto token.
Hyperliquid (HYPE) and Solana (SOL) have separated themselves from the rest of the altcoin market by one metric traders care about most: revenue.
As per Bitwise CEO Hunter Horsley, Hyperliquid has moved from a niche perpetual futures platform into one of the highest fee-generating networks in crypto, while ETF demand and institutional positioning around HYPE continue to accelerate.
The crypto executive has now grouped Hyperliquid alongside Solana under a new category he calls “revenue chains,” the blockchains generating meaningful income from real trading activity instead of relying mainly on speculation.
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