Hyperliquid (HYPE) continues to cement itself as one of the leading players in the space right now, with a recent crypto report from VanEck highlighting not only a surge in revenue for the protocol but also how it seems to be poaching users and liquidity from Solana (SOL). It is leading to many questions of whether SOL or HYPE is the best crypto to buy right now.
SOL crypto is up more than 3% on the day while HYPE has only increased by 1.5% in the same timeframe, with HYPE trading at $38 and SOL trading for around $170.
DISCOVER: 9+ Best High-Risk, High–Reward Crypto to Buy in June 2026
VanEck Crypto Report Shows That Hyperliquid Is Outperforming Its Competitors – Is It The Best Crypto To Buy?
Hyperliquid has been on a tear since its launch in November 2024, with its native HYPE token surging from $6.5 at launch to an all-time high of $49.75 that was reached on July 14, 2025.
And while the success of the token is an impressive feat all on its own, it is the explosion of its Hyperliquid DEX that has created lots of chatter. Per DefiLlama, the Hyperliquid Layer-1 protocol is now the 8th largest blockchain with its Total-Value Locked (TVL) surpassing $2 billion and overtaking Sui as a result.
Hyperliquid’s popularity is primarily due to its decentralized perps trading platform. DefiLlama also shows that the 24-hour perp volume on Hyperliquid is over $7.7 billion, making it the biggest blockchain for on-chain perps.
To put into context, Hyperliquid has processed over $343 billion in 30-day perp volume, while Ethereum, in second, has processed just $52 billion in the same timeframe. Solana is sitting at number four, with just $40.1 billion over the past 30 days.
This is an incredible feat for a product that has only been live for nine months. All of its perp volume comes from a single protocol, the Hyperliquid DEX.
On the other hand, the trading volume for other blockchains encompasses multiple protocols that offer on-chain perp trading. For example, Ethereum has nine platforms making up its $52 billion 30-day volume, and Solana has seven responsible for its $40 billion volume.
Prominent Asset Manager Seemingly Backing The Notion That HYPE Is A Better Buy Than SOL
As for revenue, DefiLlama shows that Hyperliquid has generated a staggering $2.07 million in daily app revenue. This figure highlights the recent VanEck crypto report that shows Hyperliquid generated 35% of all blockchain revenue in July.
Again, this is an unbelievable achievement with Hyperliquid earning 95% of its revenue via a single protocol, its perp DEX. Solana only managed around a 10% share of all blockchain revenue, with VanEck noting that Solana is now losing users to Hyperliquid.
From the report, VanEck had this to say;
“Hyperliquid was able to capture much of Solana’s momentum, and likely Solana’s market capitalization, because it offers a simple, highly functional product. Thus, Hyperliquid has poached high value users from Solana and has retained them.
For a long time, the bull case on Solana was that it boasted a strong ecosystem of builders who could utilize Solana’s best in class transaction processing capabilities.
As a result, trading would continue to thrive on Solana. However, Solana has not delivered meaningful improvements to boost its user experience, specifically in perpetual futures trading (perps), and Hyperliquid stepped up with a better product.”
With these metrics considered and backed up by one of the leading asset managers across the traditional finance space, it seems complicated to argue that HYPE is the best crypto to buy, over SOL at least.
(SOURCE)
Is Snorter Bot (SNORT) The Best Crypto To Buy For On-Chain Degens?
While HYPE and SOL are multi-billion-dollar assets with far-reaching ecosystems under their umbrella, Snorter Bot (SNORT) is a fledgling project that’s already secured over $2.4 million in presale funding while seeing hype and demand for the token increasing every day.
Snorter Bot (SNORT) continues to gain hype as one of the top ICOs of this year. It has secured $2.4 million in early-stage investment and is still climbing. After a six-figure daily inflow overnight, $3 million looks closer than ever for SNORT.
The rising demand for SNORT is due to traders recognizing it as an essential tool as the bull market progresses. Snorter Bot is a Telegram trading bot that offers SNORT holders industry-leading trading fees of just 0.85%. From the beginning, this rate is more competitive than that of other trading bots, such as Trojan, BONKBot, and Banana Gun.
In the competitive landscape of Telegram trading bots, Snorter Bot is entering a market where established leaders like BONKbot and Banana Gun generate annual fees ranging from $40 million to $80 million. This highlights the significant potential for Snorter to become the trading bot with the lowest costs available.
Snorter Bot includes built-in MEV (miner-extractable value) protection, an innovative sniper tool, and a copy-trade function. These features allow users to follow their favorite wallets and influencers and acquire low-cost tokens during the hottest new token launches.
SNORT is rapidly becoming the go-to choice for traders seeking the best crypto investment for both the short and long term, thanks to its market-leading trading bot and the meme coin virality of its token.
Initially, SNORT will only be available on Solana. However, the bot has been designed with multi-chain capabilities from the start, and it is expected to expand to other notable chains such as Ethereum, Base, Sui, and Avalanche soon.
Investors seeking passive income on their SNORT presale bag can stake their tokens for an impressive 154% APY. This offers traders a perfect passive income opportunity while they wait for the Snorter Bot ICO to conclude.
Just under 24 hours are remaining until the SNORT presale moves onto its next price stage, meaning its current price of $0.1005 will be gone for good once the timer counts down to zero.
Visit SNORT HereEXPLORE: Best Meme Coin ICOs to Invest in 2026
Join The 99Bitcoins News Discord Here For The Latest Market Updates
Why you can trust 99Bitcoins
Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.
Weekly Research
100k+Monthly readers
Expert contributors
2000+Crypto Projects Reviewed
