超級流動的象徵性的throned tron in Fee Generation

在過去的24小時內，加密貨幣市場發生了令人驚訝的轉變，因為高流動體的token dethronrrons在數週內首次獲得了收費。

The crypto market saw a surprising shift over the past 24 hours, as Hyperliquid’s token (CRYPTO: HYPE) outperformed Tron (CRYPTO: TRX) in fee generation for the first time in weeks.

在過去的24小時內，加密貨幣市場發生了令人驚訝的轉變，因為超級流動的令牌（加密：炒作）的表現在幾週內首次超過了Tron（Crypto：TRX）。

After a long stretch of dominance by Tron, the Hyperliquid Price Surge brought a major shakeup that caught the attention of traders and analysts.

經過Tron的長期統治地位，超級流動的價格飆升引起了交易者和分析師的注意。

With a 4.03% uptick in HYPE’s price and a slight 0.12% dip in TRX, the gap between the two assets has started to widen in favor of Hyperliquid.

炒作價格上漲了4.03％，TRX略有下降0.12％，這兩個資產之間的差距已開始擴大，而有利於超流動性。

However, this wasn’t just about price action. Underlying factors such as increased transaction volumes, higher on-chain activity, and growing decentralised exchange (DEX) engagement contributed heavily.

但是，這不僅僅是價格行動。諸如交易量增加，更高的鏈活動和增長的分散交換（DEX）參與等基本因素造成了很大的貢獻。

How Did HYPE Outperform Tron In Fee Generation?

炒作在收費產生中的表現如何勝過Tron？

In the past 24 hours, Hyperliquid set a new benchmark by generating $2 million in fees, while Tron managed $1.9 million.

在過去的24小時內，Hyproliquid通過產生200萬美元的費用來樹立新的基準，而Tron則管理了190萬美元。

Although the $100,000 gap may seem small, it marks a significant change in a market where Tron had previously dominated week after week. This milestone highlights the impact of the ongoing Hyperliquid Price Surge.

儘管100,000美元的差距似乎很小，但它標誌著特隆以前一周又一周統治的市場發生了重大變化。這個里程碑凸顯了正在進行的超流利價格漲幅的影響。

Transaction volume was a crucial factor. HYPE’s transaction count soared from 296.3 million to 424.5 million, showcasing a vibrant and growing ecosystem. In contrast, Tron’s transactions slightly dipped from 8.5 million to 8.4 million. The momentum was favouring HYPE with a notable spike in network activity.

交易體積是關鍵因素。 Hype的交易數量從2.963億升至4.245億，展示了一個充滿活力的生態系統。相比之下，特隆的交易略有從850萬幅度下降到840萬。這種動力在網絡活動中具有明顯的尖峰而偏愛炒作。

Did DEX Trading Volumes Influence HYPE’s Rise?

DEX交易量會影響Hype的上升嗎？

The decentralized exchange sector also witnessed a major reshuffle. Over the past two days, Tron’s DEX trading volume remained relatively stagnant at $163.6 million.

分散的交換部門還見證了一個重大的改組。在過去的兩天中，Tron的DEX交易量仍然相對停滯，為1.636億美元。

Meanwhile, Hyperliquid’s volume climbed from $153.9 million to an impressive $169.4 million, surpassing Tron. This surge contributed to the overall Hyperliquid Price Surge and strengthened HYPE’s position in the broader crypto market.

同時，Hyproliquid的數量從1.539億美元攀升至令人印象深刻的1.694億美元，超過了Tron。這一激增導致了整體超級流動價格上漲，並加強了HYPE在更廣泛的加密市場中的地位。

Additionally, spot trading volumes for HYPE also skyrocketed from $6.6 billion to $9.9 billion, almost breaching the $10 billion mark. This near double-digit achievement underscores the rising investor interest surrounding HYPE Price Surge.

此外，炒作的現貨交易量也從66億美元飆升至99億美元，幾乎違反了100億美元的大關。這一接近兩位數的成就強調了圍繞炒作價格飆升的投資者興趣上升。

New User Growth: A Hidden Strength For Hyperliquid

新的用戶增長：超流液的隱藏優勢

A major factor behind HYPE’s dominance is the protocol’s ability to attract new users. Data shows that Hyperliquid welcomed around 22,100 new unique users during this timeframe.

炒作主導地位的主要因素是該協議吸引新用戶的能力。數據表明，在此期間，Hyperliquid歡迎大約22,100個新的唯一用戶。

In stark contrast, Tron’s user retention remains low, with an average monthly retention rate of just 4%. The inflow of new participants has contributed to the HYPE Bullish Chart we are witnessing today. This level of organic growth sets a strong foundation for sustained expansion if the trend continues.

相比之下，Tron的用戶保留率仍然很低，平均每月保留率僅為4％。新參與者的流入為我們今天目睹的炒作看漲圖表做出了貢獻。如果趨勢繼續下去，這種有機增長水平為持續擴張奠定了堅實的基礎。

However, not everything is perfect for HYPE, and certain market metrics signal potential vulnerabilities ahead.

但是，並不是一切都適合炒作，某些市場指標表明了未來的潛在漏洞。

Can Hyperliquid Sustain This Lead Over Tron?

超流動性能否維持Tron的這一領先地位？

Despite the ongoing Hyperliquid Price Surge, concerns are rising regarding HYPE’s supply dynamics. The staked Native token metric, which tracks the amount of HYPE locked in staking, has seen a decline.

儘管價格持續的價格漲幅持續，但人們對炒作的供應動態仍在增加。堅固的本地令牌度量標準跟踪鎖定炒作的炒作數量，已經有所下降。

From a peak of 429.7 million, it has now fallen to 416.7 million. This means that 13 million HYPE tokens have entered circulation, possibly putting downward pressure on prices.

從4.297億的峰值開始，現在已降至4.167億。這意味著1300萬個炒作令牌已經進入流通，可能會給價格下降壓力。

On the flip side, Tron is quietly strengthening its base. The amount of stablecoins deployed on the Tron network has reached an all-time high of $71.4 billion, showing deep liquidity and investor confidence. This could fuel a rally for TRX and challenge HYPE’s newly gained leadership.

另一方面，特隆正在悄悄地加強其基礎。在TRON網絡上部署的Stablecoins數量已達到714億美元的歷史最高點，顯示出深厚的流動性和投資者的信心。這可能會激發TRX的集會，並挑戰Hype新獲得的領導能力。

Is The HYPE Real?

炒作是真實的嗎？

The Hyperliquid Price Surge has certainly turned heads, positioning HYPE ahead of Tron for the first time in a while. With higher transaction volumes, new user growth, and record DEX activity, HYPE’s momentum appears strong.

超流利的價格飆升肯定轉過頭，一段時間以來首次將Tron提前定位。隨著較高的交易量，新的用戶增長和記錄DEX活動，HYPE的動量顯得很強。

The excitement surrounding the HYPE Bullish Chart suggests that many believe this run is far from over.

圍繞炒作看漲圖表的興奮表明，許多人認為這一奔跑還遠遠沒有結束。

However, risks like rising token supply and Tron’s increasing stablecoin reserves cannot be ignored. Whether Hyperliquid can maintain its edge depends heavily on how these factors play out in the coming days.

但是，諸如代幣供應和Tron不斷增加的穩定儲備等風險不可忽視。 Hyperliquid能否維持其優勢，在很大程度上取決於這些因素在未來幾天的表現。

For now, the Hyperliquid Price Surge offers an exciting chapter in the evolving battle between HYPE and Tron, one that traders will watch closely as the story unfolds.

就目前而言，超流利的價格飆升為炒作和特隆之間不斷發展的戰鬥提供了令人興奮的一章，隨著故事的發展，交易者將密切關注。