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Hyperlane Establishes Foundation and Launches HYPE Token

Hyperlane, a cross-chain application building platform, has established a foundation to manage and scale the Hyperlane network. The Hyperlane Foundation today launched the HYPE token, which will create an alliance among active users of the Hyperlane network. HYPE aims to lay the foundation for a developer-owned network, and the people who make it work will become owners.