Trove shifts development from Hyperliquid to Solana, TROVE opens down 97%

ChainCatcher reported that Trove has announced it will no longer be built on Hyperliquid, but will instead rebuild its perpetual contract DEX on Solana. Previously, the project raised over 11.5 million USD for Hyperliquid integration, but after a liquidity partner withdrew 500,000 HYPE, the team decided to retain approximately 9.4 million USD in funds for Solana development, stating that this is the only way to ensure the project's survival.