Despite Ether being down 60% from its 2025 high, traditional finance institutions continue investing in ETH due to Ethereum's dominant total value locked and widespread adoption. The article suggests Ethereum's position as the foundation of global onchain finance may eventually drive price recovery.
Oil-linked futures on Hyperliquid's HIP-3 protocol surged 5% following U.S. and Israeli military strikes on Iran. The price movement reflects renewed market concerns about potential oil supply disruptions from Middle East geopolitical tensions.
Hyperliquid (HYPE) has proposed HIP-6, a significant upgrade that would enable permissionless, on-chain token launches through continuous clearing auctions adapted from Uniswap's model. The proposal aims to address current gaps in capital formation and price discovery for new token launches on the platform.