Hyperliquid (HYPE) token price fell 2.12% to $55.79, struggling to break the $57.5 resistance after weeks of selling pressure. Despite weak short-term price action, the Q2 report reveals strong network growth with $213 billion in trading volume and $169 million in revenue, including $141 million used for token buybacks. The share of HIP-3 RWA perpetual contracts surged from 1.8% to 32.2%, and institutional holdings now represent about 7.7% of total supply. Traders are watching if HYPE can reclaim and hold above $57.5 to signal a potential shift in sentiment.
HYPE token price climbed above $56.80 after Hyperliquid reported $169 million in Q2 revenue and allocated $141 million to token buybacks, supporting demand. The price rebounded from a $51 support level and is testing a breakout above a descending cha...
U.S.-listed altcoin ETFs showed mixed investor flows on August 6, with XRP and Hyperliquid ETFs attracting net inflows while Solana ETFs experienced outflows. XRP ETFs gained $3.45 million, primarily in Franklin’s XRPZ and Bitwise’s spot XRP ETF, ind...
JPMorgan highlights increasing competition for Hyperliquid, a leading decentralized crypto perpetual contracts platform, from regulated derivatives in the US attracting institutional investors. This competition challenges Hyperliquid's advantages in ...
Hyperliquid announced a 3x fee increase for its HIP-3 tokenized asset perpetuals, replacing the current 90% discount as the market matures. This fee hike, targeted at specific assets, aims to boost revenue shared between deployers and the protocol, w...
The crypto market is mostly flat today with Bitcoin trading around $64,387, up slightly by 0.13%. Despite the calm, most major cryptocurrencies have lost significant value this year, with Ethereum down 35.76% and Bitcoin down 26.43%. Only a few coins...
