Hyperliquid leads blockchain fees, vertical chains rise

Hyperliquid has emerged as the top earner in weekly blockchain fee revenue, surpassing expectations based on raw activity metrics. This shift highlights the growing influence of vertical-specific blockchains, which are increasingly capturing significant portions of network fees. The trend suggests a potential move towards more specialized blockchain ecosystems, where dedicated chains can optimize for specific use cases and generate substantial revenue through transaction fees. This development could signal a broader industry trend favoring niche blockchain solutions over general-purpose platforms.