Last month has been the greenest it can get for . Crypto token HYPE managed to pump more than 60%, leaving many investors on the sidelines. From around $15 a month ago to $25.5 currently, putting the project into the top 20 biggest crypto.
But why is HYPE performing so good recently, and is it going to continue? Let’s find out.
HYPE Crypto: Exactly What People Want
HYPE is a decentralized exchange (DEX) that launched in 2022. It is built on its own Layer 1 blockchain. It is combining all the benefits from centralized exchanges (CEX) but has the perks of DEX. This is something that every crypto enthusiast dreams of since there is crypto. It has a native token, $HYPE, that plays a crucial role in the Hyperliquid ecosystem.
With recent price action, it can soon hit a new ATH.
$HYPE is about 7% to ATH relative to other altcoins (OTHERS). Think that'll happen any day. pic.twitter.com/wqQCUF3skz
— Ayu Ayu (@SSnuffalupagus) May 15, 2025
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But let’s see why HYPE is so bullish. For starters, back in November 2024, they did one of the biggest airdrops. 31% of the total supply, or $310 million distributed to holders. That gave investors a lot of confidence and solidified the place of the project in the crypto community.
Another key role was that the project is self-funded and has no participation from VCs. This further boosts the confidence of the holders that nobody is going to dump on them. Because of its user-friendly interface, the platform has been named “DEX Binance”.
Lightning-fast listings and gas-free transactions are amongst other things that make HYPE stand out. That being said, this makes HYPE as close as possible to the experience as CEXs like Binance.
What differentiates @HyperliquidX from your average Crypto platform and airdrop farm?
▫️ ZERO VCs and fundraising: VCs had to trade on the platform to get their share of the pie
▫️ Founders were already filthy rich before launching the platform and don't have to allocate 75% of… pic.twitter.com/lm3H94IjS3— CC2 (@CC2Ventures) October 28, 2024
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On top of that, HYPE migrated to its proof-of-stake Layer 1 that unlocked 100,000 TPS. Compared that performance to another crypto as Bitcoin and Ethereum, it is lightyears ahead. This upgrade enhanced the scalability and performance and put the project on the frontier in the DeFi space.
When we talk about making a profit and being an early mover, it means you should be in first-mover projects, just like Solaxy on Solana.
Solaxy – Big Player is Entering
Why Solaxy gonna be successful, well, because it is the first Layer 2 on the Solana blockchain. It empowers the capabilities of Solana. It is like natural evolution.
Improving downtime and scalability through some new techniques, like off-chain finalization of transactions. Thus, significantly reduces the load of the chain when there is high traffic and also improves the performance.
Another key factor is teams tapping their toes in the meme world. Combining both utility and meme thematic gives a strong combo poised to reap gains.
The project is currently on a presale with a price per $SOLX coin for the next day at $0.0017. So far, they have raised more than $36 million… yes, it’s one of the most successful presales for 2025.
Also, they have a staking program with APY of 111% that further increases holders’ gains.
All this leaves no doubt that SOLAXY would be on the tip of the mouth of every crypto enthusiast when it launches.
For the latest updates on the project, connect with the SOLX community on X and Telegram.
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