Over the past few months, Hyperliquid has been gaining serious traction — not just as another perp DEX, but as a completely new L1 ecosystem with its own validator set, lightning-fast performance, and a strong narrative around native order books and custom infrastructure.

It’s impressive. But it also raises a bold question:

    🔍 Could Hyperliquid eventually overtake Ethereum and Solana as a dominant chain for traders, builders, or even broader adoption?

Here’s what’s interesting:

✅ Built-from-scratch L1 with no reliance on EVM or existing frameworks
✅ Ultra-low latency and high throughput for perpetuals and trading primitives
✅ Active community and early signs of builder engagement
✅ Token launch rumors building momentum

But let’s be real — Ethereum has a massive network effect and L2 scaling plans. Solana offers unmatched speed and growing meme and DeFi ecosystems. So:

💬 Is Hyperliquid carving out a unique lane, or is it just another specialized trading chain?
💬 Can it attract developers and long-term users, not just traders chasing incentives?
💬 What needs to happen for it to be considered a true Layer 1 competitor at the scale of ETH or SOL?