### What happened?
Fartcoin’s price surged by 5% after it got listed on the Solana-based Hyperliquid DEX, reaching $1.42. Its trading volume surpassed Solana’s with $2.3 million in the past 24 hours. The coin has seen a 38% gain over the week and 67% in a month, but it’s still 42% under its all-time high from January.
### Who does this affect?
The listing primarily impacts traders and investors holding Fartcoin or those considering purchasing it. It also affects competitors like Solana, which saw less trading volume on Hyperliquid. Additionally, it may influence other potential investors, including notable “whales,” further increasing interest in the token.
### Why does this matter?
Fartcoin’s rise and surpassing of Solana on Hyperliquid indicates a strong market interest and confidence in the token. This could trigger further investment and price increases, especially if more major exchanges list it. As a result, Fartcoin might become one of the top-performing meme coins, potentially reaching $2 or even $3 under favorable conditions.