HYPE Token Price Surpasses SOL, Marking a Milestone for Hyperliquid

The Hyperliquid ecosystem token HYPE overtook Solana (SOL) in price on Wednesday, hitting an all-time high of $74.67 before settling around $73.15, while SOL slid to $72.35. Market cap gap persists, but CoinShares highlights HYPE's unique link to protocol activity.