Hyperliquid has emerged as a leading destination for bridged capital, attracting a net inflow of $55 million in the past 24 hours. This surge in activity has positioned Hyperliquid at the forefront of bridge activity, generating $1.1 million in fee revenue, which underscores strong user demand and confidence in its ecosystem. The platform's success is attributed to trading momentum and liquidity incentives. As capital flows into emerging platforms like Hyperliquid, established networks such as Arbitrum and Ethereum are experiencing significant outflows, with Arbitrum losing over $25 million. This trend indicates a diversification of investments rather than an exit from the crypto market. Other networks, including BNB Chain and Base, have also seen moderate gains, while Solana and smaller platforms like Starknet and Avalanche C-Chain are attracting steady interest. Traders are closely monitoring $HYPE, Hyperliquid's native token, which is testing critical support at $25.8. Analysts suggest potential upward movement to $29–$30 if the current market structure holds, highlighting the ongoing interest and strategic positioning within the crypto landscape.