Finally, I understand why whales are so fond of buying $HYPE ‌#Gate广场四月发帖挑战 . They have essentially fully benefited from the war-related gains. The trading volume of RWA assets continues to hit new highs, with outstanding RWA contracts reaching $2.3 billion, leading the market size by a dramatic margin.

Even more frightening is that 97% of the transaction fees are used to buy back and burn $HYPE on the open market. With this ratio, it's hard not to see prices rise. On one hand, trading volume keeps increasing; on the other hand, the high buyback and burn ratio makes it even more likely. A previous big player mentioned that reaching $150 is not impossible.