【HYPE Explodes TRX! 24-Hour Revenue Takes the Crown, Who is the Real On-Chain Dominator?】⚡👑
In the past 24 hours, Hyperliquid (HYPE) suddenly surged, raking in $2 million in fees, directly knocking TRX, which has long dominated the charts, off its pedestal!
HYPE's price has slightly increased by 4%, while TRX has been sold off and is experiencing a slight decline.
🔥 Data Highlights:
On-chain transaction volume has skyrocketed, with HYPE jumping from 290 million transactions to 420 million, while TRX has dropped by 100,000 transactions.
In DEX trading volume, HYPE has also made a comeback, officially crushing TRX.
The spot market is even more explosive, with HYPE's trading volume soaring to 9.9 billion, almost breaking 10 billion!
📈 Success Secret:
Attracting a large number of new users, HYPE's independent active addresses have surged to 22,000, while TRX's monthly retention rate is only 4%, struggling to keep users.
😬 There are also hidden dangers:
HYPE's staking volume is decreasing, which means more coins are being released into the market, and there may be short-term pullback pressure.
⚡ In contrast, TRX relies on stablecoins to support its position, with the stablecoin market cap soaring to 71.4 billion, providing a solid foundation, making it not so easy to overtake.
🎯 Summary:
HYPE has hit the headlines, but how long can it maintain its dominance? On one side is the surging new force, and on the other is the old stable powerhouse — the on-chain battle has just begun!
Did Powell finally give in? Not so fast, politicians are skeptical! 😤💥
Federal Reserve Chairman Powell just announced: the restrictions on crypto banks have been eased!
No more need for prior reporting, no need for a complicated approval process for stablecoins, and even the restrictions on crypto exposure have been relaxed!
Sounds great, right?
But political heavyweights (like Lummis and Long) are directly calling it out: "This is just empty talk, there's no real reform!"
The background is even more dramatic: just after Trump expressed support for Powell and quashed rumors of him being 'fired', the skepticism immediately erupted.
Critics are not buying it, believing that Powell's response to Trump's call for opening up banking services is far from proactive enough.
In summary: **The Federal Reserve sounds good, but lawmakers don't trust it at all.
The path for crypto banks is still far from a point where they can sprint confidently.** 🚦
Is Bitcoin about to take off? Retail investors are still asleep!
This week, Bitcoin ETFs attracted $3 billion, with five consecutive days of inflows, marking the first week in five weeks with a full week of positive inflow!
April was originally down, but it made a comeback at the last moment with a net inflow of $2.26 billion!
ETF analysts are in shock: "Funds are shifting from level 1 to level 5, there's no stopping it!"
Big institutions are scrambling to buy, while retail investors are still questioning life??
🔹 iShare Bitcoin ETF just won the "Best New ETF" award🏆
🔹 In the next 10 years, it is expected to become the largest ETF in the world!
🔹 Bitcoin's target price has been directly raised to $2.4 million by ARK!
Conclusion: Smart money is already sprinting,
If you don't wake up soon, you'll only be a spectator in the bull market!🎬