1 $HYPE = 1 $SOL , it's truly just around the corner.


Although the price being the same doesn't really mean much, this time's "surpass"—whether it's driven by a hype-driven bullish candle or the continuation of SOL's downward trend—feels vastly different in terms of emotional release.
I remember analyzing a long time ago the next valuation and growth logic for @solana, and according to the established plan, Solana will reposition itself as a foundational infrastructure for internet capital markets, launching an impact on the RWA tokenized asset market.
I saw a data point: if the asset tokenization market grows to $9 trillion by 2030, even with only a 5% market share of its infrastructure services, Solana could leap to a trillion-dollar market cap through protocol revenue and profit margins, and the price of SOL would eventually surpass $1000.
However, it's unfortunate that the story of asset tokenization infrastructure, which shares the same positioning, now faces market expectations and value projections pointing toward @HyperliquidX. The key issue is that hype hasn't led everyone to imagine how large the tokenized asset market could be in 2030, or what market cap the platform's market share should support.
Venture capital, institutions, retail investors—seeing the impressive performances of HIP-3, HIP-4, Tradexyz, and others—are all bullish with mindless buy-ins.
Compared to that, where is the new twist in the story Solana once wanted to tell about internet capital markets? What could be the turning point? Is there a possible ending? All of this is under the heavy pressure of the crypto narrative being blurred and devalued, with a sense of helplessness.
Perhaps Solana hasn't done anything wrong; the narrative of a general-purpose transaction public chain hasn't been disproven. But the overall environment has truly changed. All we can say is that Hyperliquid, with its vertical Perps application chain products and data performance, has preemptively "snatched" the highlight moments that originally belonged to Solana, engaging in arbitrage.
HYPE-1.09%
SOL0.49%
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