Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

Solana leads in app revenue, but Hyperliquid's token model boosts HYPE value more directly

Protocol Fundamentals
23 Jun 2026
AMBCrypto
View Source
Neutral
pluang ai news

Solana generates nearly twice the 24-hour app revenue compared to Hyperliquid, but most of Solana's revenue benefits apps, not SOL token holders. Hyperliquid's revenue model ties directly to its HYPE token through buybacks and burns, supporting token value. Despite Solana's higher network activity and open interest, HYPE's token price rose 64% in two months while SOL dropped 15%. This shows that capturing revenue value for token holders matters more than just network usage.

More News (SOL)

Privacy features could boost Solana's adoption by enabling confidential transactions and apps.

Privacy features could boost Solana's adoption by enabling confidential transactions and apps.

Solana, known for its speed and low fees, has lacked privacy features, limiting its appeal for businesses needing confidentiality. Projects like Arcium are introducing encrypted computing on Solana, allowing private transactions and data while mainta...

Protocol Fundamentals
Bullish
5 hours ago
Bitcoin drops below $62K, triggering $700M crypto liquidations and signaling possible fall to $50K.

Bitcoin drops below $62K, triggering $700M crypto liquidations and signaling possible fall to $50K.

A sharp sell-off in the cryptocurrency market caused over $700 million in liquidations, with Bitcoin falling below $62,000 and wiping out recent gains. Long positions accounted for 80% of the losses, hitting Bitcoin and Ethereum hardest with combined...

Market News
Bearish
7 hours ago
Ethereum drops over 3% amid ETF outflows and weak market signals, holding near $1,686 support level.

Ethereum drops over 3% amid ETF outflows and weak market signals, holding near $1,686 support level.

Ethereum's price fell more than 3% in 24 hours to around $1,686, pressured by continued ETF outflows totaling over $66 million and declining derivatives activity. Despite the launch of Ethlabs backed by key ecosystem players, market sentiment remains...

Market News
Bearish
8 hours ago
Solana price risks sharp drop to $60 after bearish double-top and bear flag patterns emerge.

Solana price risks sharp drop to $60 after bearish double-top and bear flag patterns emerge.

Solana (SOL) is showing bearish technical signals with a double-top pattern near $75 and a bear flag breakdown, both pointing to a potential price decline to around $60. The key support level to watch is $68; a close below this would confirm the bear...

Technical Signals
Bearish
8 hours ago
Solana price projected to reach $485 by 2031 amid mixed scenarios of growth and competition.

Solana price projected to reach $485 by 2031 amid mixed scenarios of growth and competition.

Solana (SOL) is forecasted to reach around $485 by 2031 based on a probability-weighted analysis of three scenarios. The moderate scenario, with a 50% chance, expects SOL prices between $350 and $500 if Solana maintains its role as a leading blockcha...

Analyst Insights
Bullish
10 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App