The HYPE holders are legitimately the weirdest people in cryptos. Everytime you hear what they say it's about finding reasons to sell for what is an amazing business per se and very clearly the most interesting and revenue generating thing on crypto.
HYPE (after the dilution from funders) is valued about the same as Kalshi and Polymarket, both of them having 1/100th of the talent of HYPE's team. If it was a stock it would have back to back 10-20% move without any problems as people consider the big story.
But for HYPE holders those are reasons to sell and reconsider the valuation story - I think they are too cautious for their own good !
Many people have claimed that with AI-assisted bug finding, secure code (and hence trustless anything) will be impossible.
I have a much more optimistic take, and AI-assisted formal verification is a major part of the reason why:
vitalik.eth.limo/general/2026/0…
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