Two important metrics that I track are user growth and holder growth User growth was extremely strong in early July, reaching near peak levels. It has now settled into about ~2,000 new users per day, which is still in line with the highest sustained levels we've seen Holder growth, while I don't have a dashboard for, I check frequently and recently we have been seeing about 500-900 new holders per day. Let's say an average of 700 If this sustains for another 30 days, holder count will increase by 700*30 = 21,000 -- a remarkable 18% increase in holders in 1 month Distribution is a super important part of network growth. It improves security, organic price action, and allows more people to benefit from this incredible growth story Believe it or not, we are still early days for $HYPE, and I think the current holder count is a perfect example of this. Job is nowhere near finished Hyperliquid