Trust Wallet Surpasses MetaMask and Phantom in HyperliquidX Revenue
Trust Wallet has reportedly surpassed MetaMask and Phantom in HyperliquidX builder code revenue over a 24-hour period, according to @DegenerateNews. This shift in wallet competitiveness indicates growing interest in Hyperliquid's ecosystem, which generates significant revenue from builder fees.
The development is likely influencing market sentiment regarding Hyperliquid's future valuation, with current market data showing a slight increase in the probability of it reaching specific price targets by the end of 2026. Specifically, there is now a 21.5% chance that Hyperliquid will hit $100 by December 31, 2026, up from 20% previously.
Market participants may view this as a potential driver for increased interest in Hyperliquid, which has seen its ecosystem generate substantial revenue from builder fees through wallets like Phantom and MetaMask. The competitive landscape among major crypto wallets is dynamic, potentially impacting market perceptions of Hyperliquid's growth and associated price predictions.