Hyperliquid's HYPE token has been steadily rising since early 2026, driven by the recent activation of the HIP-4 protocol which introduced native prediction markets. This new feature requires staking a large amount of HYPE, reducing circulating supply and boosting token utility. The protocol's buyback program, funded by trading fees, also supports the price by purchasing HYPE from the market. Traders are watching the $45-$46 resistance level closely, with a potential rally to $50 if surpassed, though a token unlock on May 6 could cause short-term price dips.
Bitwise has updated its Bitwise 10 Crypto Index ETF by removing Polkadot (DOT) and Avalanche (AVAX), replacing them with Hyperliquid (HYPE) and Stellar (XLM). HYPE, now the 10th largest crypto by market cap, faces potential dilution risk due to 78% o...
Bitwise updated its Bitwise 10 Crypto Index ETF by removing Avalanche (AVAX) and Polkadot (DOT) and adding Stellar (XLM) and Hyperliquid (HYPE). This change reflects a shift toward crypto assets with strong revenue, as Hyperliquid has shown impressiv...
Bitwise has added Hyperliquid's HYPE token to its Bitwise 10 Crypto Index ETF (BITW), replacing Polkadot (DOT) and Avalanche (AVAX) following a monthly rebalancing. HYPE's strong trading volume and market growth, including a 165% year-to-date gain an...
Changpeng "CZ" Zhao, former Binance CEO, praised Hyperliquid's no-KYC perpetual futures trading model on a podcast but stated he would never adopt it due to his own prison experience from Binance's compliance failures. Hyperliquid operates a decentra...
Hyperliquid has introduced S&P 2.0, a new product allowing traders to take leveraged long or short positions on crypto index perpetual contracts directly on its layer-1 blockchain. Unlike its earlier S&P 500 perpetuals tied to traditional equities, S...
