Grayscale’s point is very solid: protocols like $HYPE , which are backed by real cash flows, are indeed more stable than pure narrative coins. The market has finally started looking at fundamentals.

HYPE-2.28%
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CoinNetwork
CryptoBriefs reported that Grayscale said that protocols in the financial crypto space such as $HYPE outperform tokens in the consumer and culture sectors, thanks to their reliance on real cash flow, stablecoins, tokenization, and blockchain adoption. The market is rewarding these projects with strong fundamentals.
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