NEW: @blknoiz06 SAYS @solana NEEDS TO SOLVE INFLATION AND TOKENOMICS BECAUSE @HyperliquidX DIRECTS SO MUCH OF ITS REVENUE TO $HYPE
SOLANA ALSO NEEDS TO COMPETE WITH @HyperliquidX PERPS VOLUME
"MEMECOINS CAN'T BE THE ONLY THING DOING WELL ON SOLANA"
hyperliquid:native is standing strong while the rest of the market bleeds
That strength isn’t luck — it’s fundamentals
Hyperliquid delivers exactly what matters:
- Genuine trading volume and real users — no airdrop farming
- On track for ~$800 million in annualized fees, one of the highest in crypto
- Bitwise and 21Shares Hyperliquid ETFs have already pulled in hundreds of millions in inflows and continue breaking records
- Nearly all fees are automatically used for HYPE buybacks, creating relentless demand for token holders
Real product. Real revenue. Real buy pressure.
I'll say what almost nobody in this space will say right now: I'm bullish. I literally don't care.
At the highest fear we've seen, with every chart looking absolutely horrendous, I'm bullish on crypto.
Oh well!
Call me the bad guy for it. I'm fine being that guy.
Almost no one is discussing these charts, and I will happily be the one to show them to you. Even if I'm wrong, I'm glad to be able to offer this data for consideration.
Start with copper/gold. Overlay it on PMI going back to 2012 and the correlation is almost uncomfortable.
Every PMI expansion, copper/gold turns up with it, and every one of those has lined up with a crypto bull market.
Right now copper/gold just reclaimed its 20-month moving average. It's turning on the macro.
Then the one that actually really matters. Take the altcoin market cap excluding the top 10. A small sliver of the entire market...
Lay it over PMI and it tracks cleanly, bear, bull, bear, bull.
PMI ticked up again two days ago, and that chart is expanding right now, in real time, in lockstep with it.
Altcoins are literally printing on the chart alongside PMI while everyone calls the space dead.
I'm not getting on the fear train while so many of these indicators are lining up the way they are.
I've built my businesses in this space. I'll ride it to zero if that's how it goes. I just don't think it goes that way.
Intro 00:00
Ethereum has been here 1:50
Cardano has been here 4:05
Copper / Gold 6:00
Watch this altcoin chart now 9:40
Liquidity rotation 12:20
Cardano Faces ‘Wave Of Failures’
Cardano (@Cardano) founder Charles Hoskinson (@IOHK_Charles) warned that more projects and firms in the ecosystem could shut down this year as market conditions worsen.
“I said at the beginning of the year, we’re going to see a lot of people collapse because the markets are really bad,” Hoskinson said. “There’s going to be a wave of failures in the ecosystem.”
The comments came after Cardano analytics platform TapTools announced it was sunsetting operations after four years.
$ADA has fallen to around $0.20, its lowest level in more than five years, and is down over 93% from its 2021 peak.
A $500 wire taking 5 days and costing $25 isn't a tech limit, it’s a legacy bug.
@emanabio on why modern payments need the rules built into the money itself.
The system is being rebuilt on Sui.
The ecosystem is only as strong as the builders and the community building it.
Sui in Miami brought the best of them together, and the energy was unreal ⚡
UPDATE:
MIDNIGHT SUCCESS COULD TRIGGER WAVE OF PARTNER CHAINS ON CARDANO 😱😱😱
@IOHK_Charles reveals that if Midnight Network succeeds, it could lead to new partner chains launching yearly, with $ADA holders receiving more airdrops.
He adds that onboarding billions of users through these chains could position Cardano as one of the most widely used blockchain systems globally.
Hey @Cardano Community...if you're headed to @consensus2026...make sure you join us at the Official Closing Night Bash on May 7th by @NolchaShows & @StJude
Register at https://t.co/PIRC3mAT9L
DM us for a unique code to use to secure entry! This will be a packed event!