炒作的18％下降，NFT悄悄地士兵通過

Hyperliquid的本地令牌炒作面臨急劇下降，價值下降了18％。

Hyperliquid’s [HYPE] token may have taken an 18% hit this week, but the NFT market tied to the protocol seems unfazed — or perhaps just uninterested.

Hyperliquid的[Hype]代幣本周可能遭受了18％的命中，但與該協議相關的NFT市場似乎並不感到不感興趣，或者也許不感興趣。

A glance at the stats reveals that only 1.5% of users are currently bridging to the Ethereum Virtual Machine (EVM) ecosystem. This slow adoption rate has limited liquidity and sluggishly drives up the potential demand for NFTs.

一瞥這些統計數據表明，目前只有1.5％的用戶正在橋接以太坊虛擬機（EVM）生態系統。這種緩慢的採用率的流動性有限，並且會慢慢增加對NFT的潛在需求。

Despite this, Hyperliquid’s NFT collections appear to be holding their own. Two of the most notable projects, Hypers and Mechacats, have seen consistent trading activity and appear to be weathering the broader market turbulence.

儘管如此，Hyplliquid的NFT收藏似乎仍在持有。最著名的兩個項目，即Hypers和Mechacats，已經看到了持續的交易活動，並且似乎正在風化更廣泛的市場動盪。

These NFT projects are slowly gaining ground, with Hypers boasting a total volume of 77,146 and Mechacats at 25,720.

這些NFT項目正在緩慢上升，Hypers的總體積為77,146，Mechacats為25,720。

These figures highlight the relative liquidity constraints within the Hyperliquid ecosystem compared to larger DeFi protocols or centralized exchanges.

這些數字與較大的DEFI協議或集中式交換相比，強調了超流動生態系統內的相對流動性約束。

However, considering the small percentage of users engaging with EVM, the existing liquidity is being distributed towards NFTs, especially when compared to fungible tokens.

但是，考慮到與EVM互動的用戶的一小部分，現有的流動性正在向NFTS分發，尤其是與可及的令牌相比。

This indicates that demand for NFTs is still largely speculative, driven by traders seeking short-term price appreciation.

這表明對NFTS的需求仍然很大程度上是投機性的，這是由於尋求短期價格升值的商人所驅動的。

Moreover, broader NFT adoption seems to be slowing down as many traders are pivoting towards fungible tokens, such as HYPE, which has seen significant price action in recent months.

此外，由於許多交易者正在旋轉可及時的代幣，例如Hype，近幾個月來，更廣泛的NFT採用似乎正在放慢速度。

Unless Hyperliquid manages to integrate NFTs more deeply into its ecosystem and incentivize users to bridge, these projects might face difficulties in expanding further.

除非超流利設法將NFT更深入地集成到其生態系統中並激勵用戶橋接，否則這些項目可能會面臨進一步擴展的困難。

These projects appear to be reaching a plateau, and if the user base isn’t growing at a meaningful pace, demand for NFTs will struggle to gain momentum.

這些項目似乎達到了高原，如果用戶群沒有以有意義的速度增長，那麼對NFTS的需求將難以獲得勢頭。