Hyperliquid is beating ethereum in trading volume on some days as big money rotates, says FalconX

Hyperliquid's HYPE token is surpassing Ethereum in daily trading volume as institutional investors rotate capital away from range-bound Bitcoin and Ether into altcoins. The decentralized derivatives platform attracts hedge funds with early access to hard-to-trade markets like pre-IPO perpetuals and tokenized stocks. FalconX notes speculative money is flowing into HYPE, Zcash, and AI tokens amid macro uncertainty and ETF outflows.
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