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Hyperliquid (HYPE) struggles to reach $90 target amid supply growth and recent price drop.

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24 Oct 2026
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Hyperliquid (HYPE) struggles to reach $90 target amid supply growth and recent price drop.

Hyperliquid (HYPE) is currently priced around $76, needing a 19.2% rise to hit the $90 target set by many holders. Despite a strong 107% gain over 200 days, HYPE has fallen 17.1% in the last month, pressured by a growing unlocked token supply and a recent downtrend. The token's market cap would reach $20 billion at $90, but full supply dilution raises concerns about sustainability. Hyperliquid Strategies' $100 million stock buyback and the platform's Assistance Fund buying HYPE tokens could support the price, but a key webcast on November 5 and increased trading activity are needed for a December rally. Without breaking above $79 soon, the $90 goal may be delayed until 2027.

While Hyperliquid (HYPE) aims for a $90 price target, Hyperliquid Strategies Inc's common stock (PURR) trades at $8.78 on Pluang as of Oct 25, 2026 06:31 WIB, up 1.15% for the day. PURR remains well below its 52-week high of $14.09 but significantly above its 52-week low of $3.10, showing a wide trading range. This contrast highlights differing momentum between the token and the stock as investors watch for upcoming catalysts.

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