🔥 Coin of the Moment: Hyperliquid ($HYPE )
Price & Market Dynamics: Trading around $39–$40 with a hefty 7–8% gain over 24h, and a market cap nearing $13 billion.
Why It’s Trending: $HYPE stands out as a high-performance Layer‑1 chain tailor-made for on-chain perpetuals trading. With ultra‑low latency (block finality under a second) and a custom “HyperBFT” consensus, it supports up to 100,000 orders/sec, all gas‑free.
Community & Staking: Over 400 million HYPE already staked for network validation, offering annual staking rewards of ~2.4%—showing strong community and validator engagement.