Bitwise's CIO Matt Hougan highlighted Hyperliquid's HYPE token as the most undervalued crypto asset, despite its 77% rise in 2026. He argues the market undervalues HYPE by treating it as just a crypto futures exchange, while it operates as a global super-app covering cryptocurrencies, stocks, commodities, and more, tapping into a $600 trillion global asset market. With $170 billion trading volume last month and annual revenue near $1 billion, HYPE trades at a much lower price-to-earnings ratio compared to traditional firms like Robinhood. This recognition has boosted HYPE's price close to $50, marking it as a promising crypto project to watch.
Cryptocurrency markets exhibit varied price changes, with Bitcoin trading above $77,300 and Ethereum above $2,130. Some altcoins such as ZEC and LIT show significant gains of 8.44% and 28.33% respectively, while others like BCH and MBTC face declines...
Wallets linked to venture capital firm a16z crypto have accumulated 9.18 million HYPE tokens since August 2025, valued at about $356 million. This makes them the sixth-largest holders of HYPE globally and the largest external holders outside the Hype...
Hyperliquid's HYPE token has risen 77% this year, making it one of the best-performing large-cap crypto assets of 2026. Bitwise CIO Matt Hougan argues that the token remains undervalued because Hyperliquid's market extends beyond crypto futures to in...
Hyperliquid (HYPE) surged 13%, reclaiming bullish momentum as it nears the $48 resistance level. This rally follows a strong defense of its long-term ascending trendline, signaling sustained investor demand rather than a short-term spike. Technical i...
21Shares launched its Hyperliquid ETF on Nasdaq on May 12, attracting over $5 million in inflows within days, reflecting strong investor interest in continuous access to crypto and traditional markets like oil, silver, and gold. The ETF trades on the...
