【Binance TGE Project Research: Hyperlane】
📌 Project Introduction
Hyperlane is a blockchain interoperability protocol designed to connect over 150 blockchains, including Ethereum, Solana, and Cosmos. The Hyperlane SDK helps developers build powerful cross-chain DAPPs without relying on centralized intermediaries.
🪙 Token Functionality
$HYPER can be used for staking to earn rewards while enhancing security and incentivizing validators, and it serves as a governance token, enabling holders of HYPER to participate in decision-making. Additionally, the gas fees generated by cross-chain information are settled using HYPER.
✅ Token Outlook
Innovative cross-chain solutions and a reasonable token economic model suggest that if the ecosystem continues to expand and increase applications, the price is expected to rise to $0.5 ~ $0.8. Currently, the circulating supply accounts for about 17.8% of the total supply, and in the future, it will face linear unlocking of core team and early supporters, which poses potential selling pressure.
