{"id":89355,"date":"2025-09-29T11:25:57","date_gmt":"2025-09-29T08:25:57","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=89355"},"modified":"2025-09-29T11:31:23","modified_gmt":"2025-09-29T08:31:23","slug":"cathie-wood-compares-hyperliquid-to-early-solana","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/cathie-wood-compares-hyperliquid-to-early-solana\/","title":{"rendered":"Cathie Wood Compares Hyperliquid to &#8216;Early Solana&#8217;"},"content":{"rendered":"<p>Hyperliquid is reminiscent of <a href=\"https:\/\/forklog.com\/en\/news\/what-is-solana-sol\">Solana<\/a> in its formative years, which later proved its worth and became a leading blockchain project. This comparison was drawn by ARK Invest CEO <a href=\"https:\/\/forklog.com\/en\/news\/who-is-cathie-wood-and-how-does-she-promote-bitcoin\">Cathie Wood<\/a> during the Master Investor podcast.<\/p>\n<p><iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/0h97qNDbzvM?si=ryIK3h699UeMjgvC\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>She did not confirm whether the investment firm holds positions in the native token of the decentralized exchange \u2014 HYPE. Nevertheless, Wood believes the platform deserves attention, especially amid <a href=\"https:\/\/forklog.com\/en\/news\/cz-backed-dex-aster-tops-hyperliquid-by-daily-volume\">intensified competition<\/a> with the new Aster platform in the BNB Chain ecosystem.<\/p>\n<p>The CEO of Ark Invest also noted that the future of the crypto industry will be determined by a limited number of dominant networks, despite the growing diversity of tokens.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cBitcoin occupies the main space as a pure cryptocurrency,\u201d she stated, adding that digital gold remains the core of the firm&#8217;s long-term strategy.<\/p>\n<\/blockquote>\n<p>Wood <a href=\"https:\/\/forklog.com\/en\/news\/cathie-wood-reaffirms-bitcoin-price-forecast-above-1-million\">maintains<\/a> her forecast that Bitcoin&#8217;s price could exceed $1 million by 2030.<\/p>\n<h2 class=\"wp-block-heading\">Hyperliquid&#8217;s NFT Collection<\/h2>\n<p>On September 28, the organization behind Hyperliquid, Hyper Foundation, announced the launch of an <a href=\"https:\/\/forklog.com\/en\/news\/what-are-nfts\">NFT<\/a> collection on the <a href=\"https:\/\/forklog.com\/en\/news\/hyperliquid-team-launches-hyperevm\">HyperEVM<\/a> network called Hypurr.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Hypurr NFTs have been deployed on the HyperEVM.<\/p>\n<p>Participants had the opportunity to opt in to receive a Hypurr NFT after the HyperEVM went live as part of the Genesis Event in November 2024. The HyperEVM launched in February 2025 as the general programmability interface to the\u2026<\/p>\n<p>\u2014 Hyper Foundation (@HyperFND) <a href=\"https:\/\/twitter.com\/HyperFND\/status\/1972329725080313970?ref_src=twsrc%5Etfw\">September 28, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The collection includes 4,600 tokens. Of these, 4,313 were distributed by the team among early users of the <a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-decentralised-exchange-dex\">DEX<\/a>.<\/p>\n<p>At the time of writing, the base price of one NFT is 1,596 HYPE (~$74,900 at the current rate). Since its launch, the trading volume has exceeded 1.2 million HYPE (~$56 million).<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"433\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-e40cdcb6c23ea635-5526722023097579-1024x433.png\" alt=\"image\" class=\"wp-image-266507\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-e40cdcb6c23ea635-5526722023097579-1024x433.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-e40cdcb6c23ea635-5526722023097579-300x127.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-e40cdcb6c23ea635-5526722023097579-768x325.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-e40cdcb6c23ea635-5526722023097579-1536x650.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-e40cdcb6c23ea635-5526722023097579.png 1600w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/opensea.io\/collection\/hypurr-hyperevm\">OpenSea<\/a>.<\/figcaption><\/figure>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThe goal of the Hypurr NFT collection is to provide souvenirs to those who believed in Hyperliquid at an early stage and contributed to its growth. Each token is unique and reflects the sentiments, hobbies, tastes, and values of our community,\u201d noted Hyper Foundation.<\/p>\n<\/blockquote>\n<p>The official documentation <a href=\"https:\/\/hyperfoundation.org\/nftTerms\">emphasizes<\/a> that the new assets have no practical utility.<\/p>\n<h2 class=\"wp-block-heading\">Issues in the Ecosystem<\/h2>\n<p>The Hyperdrive lending protocol, built on Hyperliquid, suffered a hacker attack. As a result, the project lost $782,000, according to CertiK analysts.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/CertiKInsight?src=hash&#038;ref_src=twsrc%5Etfw\">#CertiKInsight<\/a> \ud83d\udea8<\/p>\n<p>We have seen an exploit on <a href=\"https:\/\/twitter.com\/hyperdrivedefi?ref_src=twsrc%5Etfw\">@hyperdrivedefi<\/a>, the attacker repeatedly exploited an arbitrary call in the router to take users&#8217; funds of 672,934 USDT0 and 110,244 thBILL, ~$782K in total.<a href=\"https:\/\/t.co\/KEl4qLqlyV\">https:\/\/t.co\/KEl4qLqlyV<\/a><\/p>\n<p>Stay Vigilant! <a href=\"https:\/\/t.co\/opCSZel77G\">pic.twitter.com\/opCSZel77G<\/a><\/p>\n<p>\u2014 CertiK Alert (@CertiKAlert) <a href=\"https:\/\/twitter.com\/CertiKAlert\/status\/1972117426893738341?ref_src=twsrc%5Etfw\">September 28, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The attacker withdrew funds from two pools \u2014 Primary USDT0 Market and Treasury USDT Market. The total amount stolen was approximately $637,000 in <a href=\"https:\/\/forklog.com\/en\/news\/what-are-stablecoins\">stablecoin<\/a> USDT0 and 110,244 thBILL. Later, the assets were converted into BNB and Ethereum.<\/p>\n<p>The team immediately <a href=\"https:\/\/x.com\/hyperdrivedefi\/status\/1971943575559852327\">suspended<\/a> the protocol to prevent further damage. According to the <a href=\"https:\/\/x.com\/hyperdrivedefi\/status\/1972458715354935611\">latest update<\/a>, developers have fixed the issue in the vulnerable smart contract.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThe results indicate that this was a sophisticated attack carried out by a known perpetrator linked to high-profile attacks on other protocols. The investigation is ongoing, and further information will be disclosed soon,\u201d they added.<\/p>\n<\/blockquote>\n<p>Hyperdrive stated that all affected users have been fully compensated.<\/p>\n<p>Following a vote by Hyperliquid validators, the first stablecoin USDH appeared on the HyperEVM network. On September 24, the platform <a href=\"https:\/\/forklog.com\/en\/news\/hyperliquid-introduces-usdh-stablecoin-from-native-markets\">opened<\/a> trading for the stablecoin paired with <a href=\"https:\/\/forklog.com\/en\/news\/what-is-the-usdc-stablecoin\">USDC<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hyperliquid is like Solana in its early days, which later became a leading blockchain project, said ARK Invest CEO Cathie Wood.<\/p>\n","protected":false},"author":1,"featured_media":89356,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Meanwhile, the exchange launched the Hypurr NFT collection.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1219,787,1823,1159],"class_list":["post-89355","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-cathie-wood","tag-dex","tag-hyperliquid","tag-solana-sol"],"aioseo_notices":[],"amp_enabled":true,"views":"231","promo_type":"1","layout_type":"1","short_excerpt":"Meanwhile, the exchange launched the Hypurr NFT collection.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/89355","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=89355"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/89355\/revisions"}],"predecessor-version":[{"id":89357,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/89355\/revisions\/89357"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/89356"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=89355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=89355"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=89355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}