Avalanche is gaining real-world asset traction with Japan's largest tokenized platform Progma creating its own Avalanche L1 and bringing approximately $2 billion in tokenized assets onto the ecosystem.
Hyperliquid is launching permissionless prediction markets (HIPP4) and partnering with Circle/Coinbase to use up to 80% of USDC yield on-chain to buy and burn HYPE, creating a new buyback revenue stream independent of trading fees.
Solana staking yield remains attractive at ~6% driving a 68% staking ratio, tokenized equity volume exploded from $1M to $3B in one year, and upcoming upgrades (Appenlow for sub-second finality, 200ms slot times) will further boost trading activity.
Ethereum staking has reached a record 40.2 million ETH (33% of supply), the exit queue is empty, and institutional inflows from entities like BlackRock’s staking ETF and Bitwise are accelerating. Combined with the Robinhood chain using ETH as gas and the upcoming Glamsterdam upgrade removing a centralized relay, this signals strong demand and improving fundamentals that are not yet reflected in price, making ETH bullish as the divergence resolves.