HYPE is up ~24% in 6 days, trading at $47.65 — within $12 of its all-time high (Santiment MCP + Claude): 📈 Price: $38.32 (May 13 low) → $47.65 (now), +24% in 6 days. 📊 Social dominance hit 1.79% on May 14, 5-10x baseline, and stayed elevated through a second wave on May 17 (1.07-1.28%). 🏛️ Two catalysts in the same window: CLARITY Act passing (May 14) + Coinbase/Circle naming Hyperliquid their official USDC deployer. 🔀 Then on May 18: http://Trade.xyz launched SPCX, a synthetic SpaceX pre-IPO perpetual at $1.78T implied valuation. HYPE added another ~7%. The rails-phase thesis usually runs one way: TradFi brings its products onto chains. This time it’s running backwards — crypto rails are creating TradFi-adjacent products the regulated system can’t. Anthropic and OpenAI synthetic markets are next.(Santiment Intelligence)