{"id":56923,"date":"2025-11-05T18:46:37","date_gmt":"2025-11-05T18:46:37","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=56923"},"modified":"2025-11-05T18:46:37","modified_gmt":"2025-11-05T18:46:37","slug":"xrp-solana-cant-keep-up-ethereum-killer-hype-rebounds-8","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=56923","title":{"rendered":"XRP, Solana Can&#8217;t Keep Up: &#8216;Ethereum Killer&#8217; HYPE Rebounds 8%"},"content":{"rendered":"<div>\n<p><strong>Hyperliquid <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/\">HYPE<\/a>) rose about 8% on Wednesday as daily protocol buybacks continued to absorb exchange supply, reinforcing the token&#8217;s rare link between real revenue <a href=\"https:\/\/www.benzinga.com\/Opinion\/25\/11\/48586856\/octobers-crypto-flash-crash-did-market-makers-make-it-worse\">and price performance<\/a>.<\/p>\n<h3 class=\"wp-block-heading\">Revenue-Fueled Buybacks Drive Scarcity<\/h3>\n<p>Hyperliquid&#8217;s latest on-chain data shows its decentralized exchange <a href=\"https:\/\/x.com\/HYPERDailyTK\/status\/1985890616484774309\">generated<\/a> more than $4.3 million in revenue over the past 24 hours.<\/p>\n<p>This ranks HYPE as the most profitable non-stablecoin protocol in the cryptocurrency market.\u00a0<\/p>\n<p>Only <strong>Tether<\/strong> and <strong>Circle<\/strong>, both backed by U.S. Treasury assets, reported higher revenue.<\/p>\n<p>Unlike most decentralized finance projects, Hyperliquid routes 99% of perpetual trading fees into an Assistance Fund that buys back HYPE on the open market.\u00a0<\/p>\n<p>The process converts trading volume directly into daily demand.\u00a0<\/p>\n<p>As of Nov. 5, the protocol reported $7.01 million in fees in a single day, with $5.2 million allocated to HYPE buybacks and $3.6 million used for token burns.<\/p>\n<p>The design makes HYPE one of the few tokens with structural buy pressure &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/11\/48664770\/xrp-solana-cant-keep-up-ethereum-killer-hype-rebounds-8?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"XRP,\" solana can keep up: killer hype rebounds>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Hyperliquid (CRYPTO: HYPE) rose about 8% on Wednesday as daily protocol buybacks continued to absorb exchange supply, reinforcing the token&#8217;s rare link between real revenue and price performance. Revenue-Fueled Buybacks Drive Scarcity Hyperliquid&#8217;s latest on-chain data shows its decentralized exchange generated more than $4.3 million in revenue over the past 24 hours. This ranks HYPE [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-56923","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/56923","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=56923"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/56923\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=56923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=56923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=56923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}