Post
Topic
Board Altcoin Discussion
Re: Can Hyperliquid Really Challenge Ethereum & Solana?
by
dbshck
on 14/06/2025, 05:18:12 UTC
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?

The key distinction is that comparing Hyperliquid to Ethereum or Solana is like comparing a Formula 1 car to a general-purpose SUV. They are engineered for different worlds. Hyperliquid is purpose-built to be the house of all finance, and in that specific race, it's already lapping the competition.

The flagship dex (HyperCore) is miles ahead of others in volume and market share



and the rapid growth of the HyperEVM ecosystem shows it can attract builders, not just traders.



I've always been bullish on Hyperliquid since last year and it has paid off significantly. I don't think it will "overtake" Ethereum as the world's computer, but I do believe it's on track to become the dominant chain for all things DeFi. The vision is clear and the execution has been flawless. If you don't believe me, try the products, and read the docs to see the vision.

Hyperliquid.