Solana News Today: Institutional Investors Betting HYPE Will Become the New Cryptocurrency Standard
Source: CoinWorld
Time: 2025-09-08 22:02:15
Nasdaq-listed investment firm Lion Group Holding is strategically transferring its digital asset holdings from Solana (SOL) and Sui (SUI) tokens to Hyperliquid (HYPE) tokens, reflecting the growing confidence among institutional investors in the Hyperliquid on-chain derivatives infrastructure. This transformation will adopt an average cost method to optimize entry costs in market volatility, consistent with BitGo's recent institutional-level HYPE hosting solution. The move marks the maturity of institutional investors’ strategy, which focuses on centralizing holdings of emerging DeFi platforms with strong trading infrastructure.