Nasdaq Firm Dumps 1M SUI & 6.6k SOL for HYPE – What Do They Know?

Singapore-based Lion Group Holding Ltd. (NASDAQ: LGHL) is making a bold bet in crypto markets, announcing it will dump all of its Sui (SUI) and Solana (SOL) holdings in favor of Hyperliquid (HYPE). The firm plans to offload roughly 1 million SUI and 6,600 SOL, converting them gradually into HYPE to reduce acquisition costs and manage ￰1￱ follows LGHL’s earlier announcement that it intends to hold $600 million in reserves with HYPE as its primary treasury asset, making this conversion a key step in aligning its balance sheet with that ￰2￱ Hyperliquid? LGHL Reallocates to HYPE as Hyperliquid Captures 70% of DeFi Perpetuals According to LGHL, the move reflects its strategy to optimize reserves by leveraging Hyperliquid’s high-performance Layer 1 blockchain and its decentralized perpetual futures exchange (perps).

Hyperliquid has rapidly become the leader in DeFi perpetuals, capturing 70% market ￰3￱ smashes revenue record with $106M in August, dominating 70% of the DeFi perps market as lean 11-employee team outperforms financial giants. #HyperLiquid #DeFi ￰0￱ — ￰4￱ (@cryptonews) September 2, 2025 In August 2025, Hyperliquid generated $106 million in revenue , up 23% from July’s $86.6 million, with $383 billion in monthly trading ￰5￱ now ranks sixth among decentralized exchanges (DEXs) , with $420 million in daily flows and a $1.75 billion total value locked (TVL). The reallocation comes shortly after BitGo Trust Company launched institutional custody solutions for HYPE in the U.

S., giving corporate investors like LGHL regulated, compliant, and secure storage ￰6￱ Wilson Wang said the company will pursue a phased accumulation strategy, converting SUI and SOL holdings into HYPE gradually to lower average acquisition costs and capitalize on market ￰7￱ highlighted Hyperliquid’s on-chain order book and efficient trading infrastructure as a “compelling opportunity” in the DeFi ￰8￱ reallocation away from SUI and SOL shows a shift in priorities for ￰9￱ both SUI and SOL remain strong ecosystems in their own right, neither commands the level of revenue growth and trading activity that Hyperliquid now ￰10￱ move follows a trend of Nasdaq-listed companies adding HYPE to their ￰11￱ was the first publicly traded ￰12￱ to commit significant reserves to the token, raising $50 million to acquire more than one million ￰13￱ G Co-Investment Holdings disclosed a smaller but notable purchase of 10,387 HYPE worth just over $438,000.

Also, Sonnet BioTherapeutics announced a digital asset treasury plan anchored in HYPE, with 12.6 million tokens valued at $583 million, alongside an additional $305 million earmarked for future acquisitions, pushing the total to nearly $888 million.) August 28, 2025 But the dump of SUI and SOL hasn’t dented those tokens, at least for ￰14￱ climbed 2% to $3.48, trimming its monthly loss to 12.4%. Solana jumped 5.2% to $214, extending its rally to 7% on the week and 19% on the month, with some analysts forecasting a run to $300 by month-end if bullish momentum continues.