According to the source, blockchain throughput has increased roughly 100x over five years to exceed 3,400 transactions per second, with the performance framed as rivaling Nasdaq and Stripe at a fraction of the cost. Source: X post dated Oct 22, 2025. For traders, the source’s cost and throughput comparison is a market-structure data point when evaluating on-chain execution competitiveness and scalability-driven catalysts. Source: X post dated Oct 22, 2025.

According to @KookCapitalLLC, Hyperliquid has been described as a backbone to distribution with a comparison to Nasdaq, and the author asks @rediamondjr how potential Hyperliquid distribution partnerships could be structured following the reported success of builder-code distribution like Phantom; this question signals trader focus on distribution-driven user acquisition, order flow routing, and liquidity depth on the platform. source: @KookCapitalLLC on X, Aug 20, 2025.