HYPE 的 2028：600 美元只是起点？

0xMedia argues HYPE captures value from a complete on-chain trading financial system—perps, spot, staking, protocol burn—making it more transparent and direct than BNB. The 2028 Bitcoin halving anchors a bull cycle when perp volume and alt rotation drive protocol revenue ($600M-$1B annualized run rate); HYPE vesting completes 2027-2028, clarifying real circulating supply against buyback-burn mechanics. With 450M effective float, $600 requires extreme infrastructure pricing but $100-$300 targets follow continued growth if HyperEVM and aligned quote assets scale revenue streams beyond perps.