Hyperlane Stuns Binance Wallet Users With $200 Revenue
The post Hyperlane Stuns Binance Wallet Users With $200 Revenue appeared on BitcoinEthereumNews.com.
Hyperlane launched on April 22 and identified the highest average user revenue of 200 without sharing participants’ data. PumpBTC and StakeStone were top performers in early April TGEs both in terms of participation and the achieved market caps. Binance Wallet has postponed the implementation of a unified upgrade and its $5 million airdrop for enhancement. Recent Binance Wallet Token Generation Events (TGEs) paint a picture of the massive acceptance of multiple Web3 projects despite the delay in the Binance wallet’s relaunch. As reported by Phoenix Group, PumpBTC ($PUMP) took the most active part, with 406,000 BNB invested and more than 135,000 active users. On the same note, the average revenue per user was $40, the market cap was $53 million, and the diluted valuation was $186 million. StakeStone followed closely with 123,148 participants, and 369,400 BNB were raised. Despite a lower average revenue of $30, its project valuation still hit $106.4 million on a $23.9 million market cap. Both projects reflect a growing demand for early-stage TGE exposure through Binance Wallet’s self-custody system. Mind Network, which was listed on April 10, raised 224,700 BNB from 74,926 participants. It earned $25 avg. Per user and had a market cap of $23.3 million with a diluted value of around $93.9 million. Lorenzo and Hyperlane Signal Market Shift Lorenzo Protocol launched on the 18th of April and has attracted 62,117 participants and 186,300 BNB. Much like Mind Network, it enjoys a revenue per user of $25, which is $92.2 million in valuation. Conversely, Hyperlane began trading on April 22 with no BNB participation or user statistics made available to the public. However, it quickly turned heads because of an average revenue figure of 200 dollars per user, the highest in the group. The project was launched with $44.9M in market capitalization and a…
Filed under: News - @ April 23, 2025 1:25 pm