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HYPE token hits $62, surging 58% in a week amid strong institutional ETF inflows and Grayscale buying spree.

Market News
22 May 2026
Blockonomi
View Source
Bullish
pluang ai news

The Hyperliquid (HYPE) token reached a new all-time high of $62, rising nearly 58% over the past week, driven by significant institutional interest. Grayscale wallets purchased over 682,000 HYPE tokens worth up to $41.6 million, while new U.S. spot HYPE ETFs from Bitwise and 21Shares attracted $54 million in inflows during their first seven trading days. Bloomberg analyst Eric Balchunas noted the unusual sustained volume growth post-ETF launch, signaling strong investor demand. Bitwise's CIO Matt Hougan argues HYPE is undervalued, positioning it as a broad asset platform rather than just a crypto token, with institutional backing likely to continue growing.

More News (HYPE)

Hyperliquid rebounds from correction, eyes key resistance to confirm uptrend.

Hyperliquid rebounds from correction, eyes key resistance to confirm uptrend.

Hyperliquid (HYPE) has recovered steadily from a correction low of $59.73, trading near $64.97 as buyers regain control. The rebound suggests a shift from correction to recovery, with key resistance levels at $67.11 and $69.41 critical for confirming...

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Hyperliquid's HYPE token surges past $16B market cap, entering crypto top 10 with strong momentum.

Hyperliquid's HYPE token surges past $16B market cap, entering crypto top 10 with strong momentum.

Hyperliquid's native token HYPE has surged to around $66, boosting its market cap above $16 billion and placing it among the top 10 cryptocurrencies. This rise is driven by growing demand for decentralized trading platforms, perpetual futures, and to...

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12 hours ago
Hyperliquid (HYPE) nears $67 after 9% gain, key resistance at $65; bearish risk if it drops below $54.

Hyperliquid (HYPE) nears $67 after 9% gain, key resistance at $65; bearish risk if it drops below $54.

Hyperliquid (HYPE) price rose over 9% in 24 hours, trading near $67 and approaching its June 2 all-time high of $75.48. Key resistance remains at $65, with analysts warning that a drop below $54 would confirm a bearish head-and-shoulders pattern. ETF...

Technical Signals
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Humanity token surges 75% amid rising interest in decentralized social platforms.

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Neutral
1 day ago
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