Hyperliquid’s FDV Tops Solana as HYPE Jumps 20% in 24 Hours, Fees Cross Over

Hyperliquid has overtaken Solana on fully diluted valuation at $56 billion versus $50 billion, alongside a sharp divergence in token performance. HYPE traded at $58.60, up 20% in 24 hours, while SOL rose 2.20% over the same session. Separately, 7-day protocol fees also flipped at $12.6 million for Hyperliquid versus $11.8 million for Solana.