Hive seems to be quite insulated from the crypto community in general.
I always remind myself of this when our tokens don't correlate that much with what's happening in the general crypto market. Such a peculiar bunch we are.
Hive is going to be used for creation of USDC and Hive liquidity pool on Base blockchain.
I'm very excited for this development as well. I've never been bullish on actually buying SPS, but having that LP should make it much easier on a trusted American DeX. It will be a bit sad to see the decrease in curation rewards for those weekly challenges, but the upside for LPs fees and a useful trading pair is high!