CoinVoice has recently learned that, according to Cointelegraph, the Layer-1 blockchain network Hyperliquid has become one of the most valuable blockchains since the launch of the HYPE token through airdrops in November, with a market capitalization of approximately $25 billion. However, VanEck points out that Hyperliquid's emerging smart contract platform 'has yet to attract a large number of developers.' VanEck warns, 'If Hyperliquid cannot meet the growth expectations of its community, many newly wealthy HYPE holders may face a prisoner's dilemma that could quickly unravel.' They added, 'We are seeing another Icarus-like story about cryptocurrency hubris.' (Icarus is a figure in Greek mythology who fell because he flew too high, symbolizing failure due to pride.) [Original link]