True decentralization starts with fair distribution and ownership. A project owned by VCs isn't decentralized, no matter how many nodes are running. Real decentralization means the users are the actual owners of the protocol. That's exactly what Hyperliquid has achieved. It mirrors how Bitcoin started, fair for everyone from day one. Unfortunately, 99% of chains and projects today can only claim decentralization through their node count, while quietly holding back 90% of the supply for themselves and their VCs. That's not decentralization. That's just a permissioned network in disguise. $HYPE will continue to win because it represents what crypto was always meant to be. Hyperliquid isn't just another L1, it's the true peak of what this industry can achieve when distribution is fair and the community is the real owner. The market is starting to understand this. And those who don't are the ones getting left behind.