Hyperliquid processed more volume and attracted more traders in Q2, but lower-fee markets took a larger share of activity, leaving protocol and holder revenue below the previous quarter.
Cardano held onto its late-July recovery on August 3 despite weakness across the broader crypto market.
Shiba Inu traded near $0.00000496 on August 2 after a second attempt to reclaim its 100-day moving average failed to produce a daily close above it.
Ethereum is approaching a decision point where record network activity is colliding with an unresolved market structure.
Hyperliquid's token HYPE is testing a technical level that could determine whether the latest decline begins to stabilize or extends into a deeper correction.
BitMEX is seeing traders rapidly reduce their exposure after the exchange announced that it will shut down, with its native token and Bitcoin derivatives market both recording steep declines.
Shiba Inu is attempting to hold a breakout from the descending trendline that had capped its recovery attempts throughout July.
Solana is trading around $78, caught between improving spot ETF flows and a technical structure that has not yet committed to a direction.
XRP is trading around $1.13 after recovering above its 50-day simple moving average at $1.117. The rebound has brought the price back toward $1.16, a resistance level that has repeatedly capped recovery attempts since late June.
Ethereum is approaching the psychologically important $2,000 level after extending its recovery from the June low near $1,505. The altcoin trades around $1,930 at the time of writing after 2% daily gains, while continuing to form higher lows inside an ascending channel.
Ethereum has confirmed $1,800 as near-term support after buyers stepped in and pushed the price back toward the 0.382 Fibonacci retracement near $1,870.
Hyperliquid has generated more than $1.2 billion in fees, while Grayscale’s HYPG ETF expands institutional exposure. Yet token burns, decentralization concerns and regulatory competition still shape HYPE’s long-term outlook ahead.


