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Hyperliquid's HYPE token rises amid talks with Kraken's parent on US market entry

Market News
31 Aug 2026
Crypto Briefing
View Source
Bullish
pluang ai news

Hyperliquid's native token, HYPE, has increased in price following reports of discussions with Payward, Kraken's parent company, about entering the US market. This move is seen as positive amid ongoing efforts by US regulators to allow Hyperliquid's compliant entry. Market optimism is reflected in HYPE's price, which suggests a 62.5% chance of reaching $100 by the end of 2026. Investors are advised to watch for official announcements and regulatory developments that could impact the token's future trajectory.

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