In July 2023, Hyperliquid outperformed Solana in revenue, indicating shifts in the DeFi ecosystem. Meanwhile, Remittix is gearing up to launch its beta wallet, which will also alter the crypto payment landscape.
Hyperliquid vs. Solana
In July, Hyperliquid surpassed Solana in revenue, signaling growing demand for decentralized, high-performance exchanges. Hyperliquid's trading volume surged as liquidity providers opted for platforms with deeper order books and less slippage. On the other hand, Solana continues to attract developers but lost over 12% of its trading volumes during the same period, leading to speculation about its dominance in DeFi being threatened by newcomers.
Remittix Beta Wallet Launch
While the exchange wars rage on, Remittix is preparing to launch its beta wallet. The launch is scheduled for Q3 2025. The new wallet will support direct bank-to-crypto payouts in over 30 countries and will include more than 40 cryptocurrencies and 30 fiat currencies. Unlike many existing solutions, Remittix focuses on real-world use cases rather than speculation.
Remittix Project Prospects
The presale for Remittix tokens has already raised over $18.5 million, selling over 586 million tokens. The tokenomics model is deflationary, creating attractive conditions for holders. With the beta wallet launch planned and a focus on direct currency conversions, the project could see significant growth and popularity in the future.
Hyperliquid has set new standards in DeFi revenues, while Remittix is poised to bring its innovative wallet to market. These events highlight the ongoing evolution and competition within the crypto industry.
