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Hyperliquid now controls 43% of the cryptocurrency fee market with weekly revenues reaching $11 million, surpassing Ethereum which holds 13% and Solana which holds 10%.
The casino is the winner now.
Do you know what I mean by this phrase?
Platforms and quick speculation are now earning more than the actual technical projects themselves, as if the crypto market has turned into a "casino" relying more on trading and risk-taking than long-term investment.
Hyperliquid is making huge profits and fees from the high volume of trading and speculation, to the point that it outperformed Ethereum and Solana in fees.