Hyperliquid is making the Solana foundation sweat really hard
How the cycle carries on
4. Hyperliquid is quite certainly the “Solana Killer” as Solana was the “Ethereum Killer”
3. Solana held the mirror to Ethereum so it can see its flaws and understand it needs to get out of its ivory towers and fluff UNSDG ESG nonsense
It was only a matter of time until the arrogance of Solana ecosystem will backfire
2. Bitcoiners felt challenged by Ethereum as a full flesh smart contract platform beyond only MoE/UoA/SoV
1. Bitcoin made Wall Street feel their turf of money is at risk
And so the story continues
Bitcoin = boomercoin
Ethereum = millennial coin
Solana = genz coin
The clear trend is a departure away from libertarian purism
Ethereum still adhered (initially) to the original cypherpunk principles
Solana is almost accidentally a crypto network to begin with, pmf is almost purely and shamelessly gambletainment
Who are the residents of Hyperliquid network state?
PS, the attribution of generational characteristics is figurative, we all have inside of us boomer/millenial/genz/alpha or medieval traits and potential to be either or multiple of the above
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