The Race to Replace Mainnet | Ian Unsworth, Kairos Research

Bullish

• $HYPE— Hyperliquid has seen significant adoption, with over 70% of the upstream USDC supply on its platform, indicating strong growth and potential.

  • “I mean, it's really kinda crazy to see how much usage Hyperliquid has gotten. In terms of you know, it's like 70 plus percent out of, like, the entire upstream USDC supply is over there.”

    Ian·50:37Hear it
• $SOL— Solana's team cohesion and focused development strategy are seen as strengths, potentially giving it an advantage over other blockchain platforms.

  • “Cohesion is very powerful. Also, like, those guys that you just mentioned are all, like we're all very much in the weeds from the Salona side.”

    Ian·1:01:32Hear it

Bearish

• $ETH— Ethereum's user experience, particularly with layer 2 solutions and cross-chain asset management, is seen as frustrating and potentially disadvantageous compared to other chains like Solana.

  • “The, like, the EVM is the product that I don't like and, like, layer twos and having to deal with it of just, like, if I only like, I've got, you know, stables and ETH on different chains, and it's, like, spread out.”

    Danny·49:27Hear it

Not investment advice.