hyperliquid feels more like the next defi winner every week while solana keeps looking like the chain that should’ve owned it already

Hyperliquid, a decentralized exchange, has reached a new all-time high with 260k open positions, positioning itself as a potential leader in the next DeFi cycle. While Solana maintains strong scale and DeFi TVL, Hyperliquid is highlighted for capturing high-value trading behavior and institutional interest, challenging Solana's dominance in on-chain derivatives.