FeesSafety
Pluang+

HYPE token hits new high amid $646.6M capital raise and $182M annual buyback plan

Protocol Fundamentals
28 Aug 2026, 10:45 WIB
Blockonomi
View Source
Bullish
HYPE token hits new high amid $646.6M capital raise and $182M annual buyback plan

The HYPE token reached a new all-time high of $84.80 after a 40% weekly gain and breaking the $77 resistance. Hyperliquid Strategies increased its holdings to 29.3 million HYPE tokens following a $646.6 million capital raise. The company activated an AQAv2 reserve yield initiative to fund approximately $182 million in annual HYPE token buybacks starting October. Regulatory progress includes potential US market access with a CFTC compliance framework in development. Technical analysis shows resistance near $89.23 and a possible overbought condition, while a large token unlock event looms on August 29, adding volatility risk.

More News

Milestone Pharmaceuticals grants 33,000 stock options to new employee under Nasdaq inducement rule.

Milestone Pharmaceuticals grants 33,000 stock options to new employee under Nasdaq inducement rule.

Milestone Pharmaceuticals announced the grant of 33,000 stock options to a newly hired employee as an inducement under Nasdaq Listing Rule 5635(c)(4). The options, priced at $0.72 each, will vest over four years with a one-year cliff and monthly inst...

Company Fundamentals
Neutral
1 hour ago
Bitcoin price drops 1.6% in an hour, hitting $75,855 with heavy long liquidations.

Bitcoin price drops 1.6% in an hour, hitting $75,855 with heavy long liquidations.

Bitcoin's price fell 1.60% within an hour to $75,855 as of Nov. 3, reflecting a $1,233 decline from the previous hour and a 1.31% drop over 24 hours. The market saw significant long liquidations totaling $33.55 million across major exchanges Binance,...

Market News
Bearish
5 hours ago
Solana (SOL) price dips below $90, down 2.06% in 24 hours

Solana (SOL) price dips below $90, down 2.06% in 24 hours

Solana (SOL) traded below the $90 mark, reaching 89.96 USDT, reflecting a 2.06% decline over the past 24 hours. This drop is notable as it falls below the previous $100 threshold. Solana's network supports digital assets and applications, making its ...

Market News
Bearish
5 hours ago
Zcash rallies 8.6% ahead of major NU7 network upgrade activating at block 3,543,405 on Nov 6, 2026.

Zcash rallies 8.6% ahead of major NU7 network upgrade activating at block 3,543,405 on Nov 6, 2026.

Zcash (ZEC) surged 8.6% to $1,230.91 ahead of its largest network upgrade, NU7, scheduled to activate at block 3,543,405 around November 6, 2026. The upgrade shortens block times from 75 to 25 seconds and introduces new fee mechanisms, requiring node...

Protocol Fundamentals
Bullish
5 hours ago
Douglas Dynamics posts strong Q3 with 34.5% revenue growth and raises 2026 outlook

Douglas Dynamics posts strong Q3 with 34.5% revenue growth and raises 2026 outlook

Douglas Dynamics reported a strong third quarter with revenue up 34.5% and adjusted earnings per share exceeding forecasts despite some headline misses. The company's Work Truck Attachments segment, PLOW, drove growth due to strong preseason demand a...

Company Fundamentals
Bullish
5 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App