Solana News Today: Institutional Capital Flows to Hyperliquid's Highway Safe Haven
Source: CoinWorld
Time: 2025-09-09 10:24:50
Lion Group has reconfigured its Solana (SOL) and Sui (SUI) assets to Hyperliquid's native token HYPE, citing the protocol's high-performance DeFi capabilities and sub-second block latency. HYPE's 24-hour trading volume surged 218.90% to $652.8 million and its market cap reached $124.55 million. The move reflects institutional investors’ confidence in Hyperliquid infrastructure, including its upcoming USDH stablecoin, with six companies including Paxos and Frax that have submitted USDH management plans.