PerpDEX Summer is officially here, and the heat is real. 🔥 Hype is pushing toward a new all-time high, FDV already flipping Solana. Lit keeps exploding with its RFQ testnet launch. Varational just raised a massive 50 million. Every PerpDEX token is ripping, exactly as I called a month ago — Phase 2 of PerpDEX has arrived. Tradexyz Pre-IPO is standing out. CEXs are lagging behind due to compliance issues, and SpaceX contracts are way slower than PerpDEX. Meanwhile, Bankless co-founder David dumped all his ETH, while I've been DCAing into ETH for 3 years with zero profit. Frustrating, right? So why am I still holding ETH? Because the narrative is quietly shifting. Ethereum and Hyperliquid are leading a new cycle. Hyperliquid is the star, but Ethereum is going through growing pains from Layer 2 fragmentation. Hyperliquid is the House of Finance — the on-chain liquidity hub. HIP-3 and HIP-4 are well executed, and with a16z, Coinbase, and Circle involved, institutions are clearly betting big. PerpDEX still has many stories left to tell. Solana was once called the on-chain Nasdaq. Now it looks like Hyperliquid is taking that crown. Ethereum is evolving from House of Ghost Chains to House of Apps. For ETH to thrive, it must embrace the power of apps — whether it's Polymarket's appchain or major DeFi protocols. That's how Ethereum attracts real liquidity. What's the core difference between ETH and HYPE? Tokenomics. ETH is like the currency flowing through the city of Ethereum. The chain needs to be vibrant, with consumption exceeding POS issuance, for ETH to pump. That requires big apps, memes, or V4 hooks. HYPE represents the liquidity of the Hyperliquid exchange. More liquidity = higher HYPE. 97% buyback and burn, insane profits, and mandatory third-party staking — three strong pillars for price support. Not saying one is better. Hyperliquid has a token design advantage. Ethereum is infrastructure. ETH is the electricity and water of the city — the more peopl...