Hyperliquid Surpasses Circle in Daily Revenue with $7.7M Surge

The cryptocurrency market continues to show signs of diversification as various projects gain traction through innovation and utility. Among the most notable developments are the updated price target for Stellar (XLM), the impressive revenue surge of Hyperliquid, and Cold Wallet’s unique approach to incentivizing user activity.

Hyperliquid has attracted significant attention after briefly surpassing Circle in daily revenue, earning approximately $7.7M compared to Circle’s $8.8M in a single day [1]. This was driven by the platform’s high-volume decentralized finance (DeFi) protocols and a 93% fee-burn model. A key factor in this success was Hyperliquid’s record $629M in on-chain volume within 24 hours, outperforming competitors like GMX and dYdX. Meanwhile, its native token HYPE hit an all-time high of $49 before retreating, underscoring the platform’s volatility and the inherent risks of fast-paced DeFi growth [1].

In contrast, Stellar (XLM) is positioned for more measured progress. With 9.69 million enterprise wallets and $150M in total value locked, the network has shown strong institutional adoption [2]. Analysts have set a price target of $0.77 for XLM, contingent on the asset breaking through the $0.50 resistance level. The token has remained stable around the $0.42 support level, indicating consistent buyer interest during dips. If XLM can maintain this pattern and overcome the next key level, it may see a gradual climb toward the upper end of the target range [2].

Cold Wallet, meanwhile, is redefining the utility of crypto wallets by integrating a reward mechanism into every transaction. The platform has already raised $6.4M in its presale, with 752M tokens sold as of Stage 17. Tokens are priced at $0.00998 in this stage, with a projected listing price of $0.3517, indicating a potential return on investment (ROI) of over 3,400% for early participants [3]. The platform has attracted more than 2 million users, combining secure storage with cashback-like incentives that turn everyday actions—such as paying gas fees or making swaps—into revenue-generating opportunities [3].

Hyperliquid’s growth highlights the appeal of high-yield DeFi platforms, but its volatility remains a concern. Circle, on the other hand, continues to offer stability through its $35B in USDC reserves and over $100B in daily transactions. Investors must weigh whether Hyperliquid’s recent success is indicative of a broader trend or a short-lived surge in DeFi enthusiasm [1].

Stellar’s institutional adoption and enterprise wallet growth suggest real potential for long-term appreciation. However, the price action will need to confirm the breakout above $0.50 for the $0.77 target to gain credibility [2].

Cold Wallet’s model introduces a new dimension to crypto wallet design, prioritizing user engagement and immediate value. With its ROI structure and growing user base, it has positioned itself as a compelling option for investors seeking practical, utility-driven opportunities [3].

These developments collectively illustrate the evolving nature of the crypto market, where innovation and user value are increasingly shaping investor decisions.

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Sources:

[1] Hyperliquid Revenue Surge Overtakes Circle

(https://coinmarketcap.com/community/articles/68ad94d62045da0b1879f299/)

[2] Stellar (XLM) Price Target Supported by Enterprise Wallet Expansion

[3] Cold Wallet Turns Every Transaction Into ROI