📊📈 #HYPE: Explosive Growth on Hyperliquid 🚀

According to SpotOnChain, since Hyperliquid’s TGE (Token Generation Event) on November 29, the network has seen an impressive net inflow of $$ 1 billion in #USDC.

🔑 Highlights:

Deposit Bridge now holds $$ 2.09 billion in USDC, doubling its holdings in just 17 days.

During the same period, the HYPE token has appreciated by 729%, demonstrating a massive increase in interest and usage on the chain.

💡 Why is this important?

This explosion of capital and growth reflects significant investor confidence in Hyperliquid and its ecosystem. With a robust infrastructure and growing adoption, it is establishing itself as a promising platform in the DeFi market.

🔮 What to expect next?

If the influx of capital continues, Hyperliquid could become a major player in the DeFi space. Stay tuned for ecosystem updates and possible additional listings of the HYPE token on major exchanges.

#Hyperliquid#HYPE#USDC#DeFi#Blockchain#Cryptocurrency#Investment#CryptoMarket