HFT Skyrockets Over 100% — What's Fueling the Surge?
HFT, the native token of Hashflow, has seen an incredible intraday jump of over 100% today, hitting a peak of $0.151 before settling around $0.14. This surge continues a remarkable week for HFT, which has climbed nearly 167% in the past seven days, boosting trader confidence and igniting trading activity.
The token's daily trading volume has exploded by almost 580% to nearly $550 billion, a significant leap from the previous day. This massive increase in activity is largely attributed to Hashflow's recent integration with the Solana network on June 11th. This move, supported by major exchanges like Binance, allows users to deposit and withdraw HFT via Solana, expanding its reach.
Hashflow, which initially launched on Ethereum and later expanded to BNB and Avalanche, is now welcoming the "Solana army" with promises of more integrations to come.
Adding to the positive sentiment, Hashflow recently clarified its token unlocking mechanism, assuring investors that tokens unlock linearly each day over three to five years, avoiding sudden large releases. While the team plans to issue an additional 4% of HFT yearly, the clarity around unlocks and the impactful Solana integration appear to be the key drivers behind HFT's soaring performance.
