Grayscale reports that blockchain projects with solid fundamentals, especially in financial services and DeFi, are outperforming speculative memecoins amid growing institutional adoption and a prolonged bear market. Their analysis shows the Financials Crypto Sector gained about 15% in 2024, while the Consumer and Culture sector, dominated by memecoins like Dogecoin, fell roughly 75%. Hyperliquid, a decentralized exchange token, stood out with significant gains tied to its revenue model. This shift highlights a market trend favoring sustainable business models and measurable cash flows over hype-driven tokens.
Hyperliquid (HYPE) surged 4.96% within one hour to $88.48 on Binance's HYPE/USDT market, rising $4.18 from $84.30 an hour earlier. Over 24 hours, HYPE increased 2.21%. During the same hour, liquidations on Binance, Bybit, and OKX totaled $1.41 millio...
On November 3, US spot ETFs linked to Hyperliquid (HYPE), Zcash (ZEC), and NEAR experienced mixed fund flows. Hyperliquid's Grayscale Hyperliquid Staking ETF (HYPG) saw a net inflow of $605,100, increasing its total net inflows to $152 million. Howev...
Hyperliquid (HYPE) token surged to $86.81, up 2.44% within an hour on Binance, surpassing its 24-hour gain of 0.88%. During this period, short liquidations across Binance, Bybit, and OKX totaled $460,000, vastly outnumbering $10,000 in long liquidati...
A trader on Hyperliquid closed losing long positions in Bitcoin, HYPE, and Zcash, totaling about $6.13 million in losses, with Bitcoin accounting for roughly 72% of the losses. After this exit, the trader opened new leveraged long positions worth app...
Hyperliquid's $HYPE token is showing a potential bearish head-and-shoulders pattern on the 12-hour chart, signaling a possible 22% price correction if it closes below the $76-$78 neckline. Currently trading around $84, the token has gained 8.3% over ...
