Hyperliquid's HYPE token surged to a record $67 following US Commodity Futures Trading Commission approval of Bitcoin perpetual futures trading, boosting open interest to $2.9 billion. The platform leads global decentralized app revenue with $55 million in 30 days and has attracted $122 million in ETF assets since May 12. Despite strong growth and bullish forecasts, monthly token unlocks and a large reserve of unreleased tokens may limit upside potential. Regulatory clarity is improving but full approval for DeFi platforms remains uncertain.
Investor funds are moving out of major altcoins like Ethereum and Solana, with Ethereum losing over $115 billion and Solana shedding more than $50 billion in market cap this year. Meanwhile, Hyperliquid (HYPE) has surged over 170%, doubling its marke...
Bitwise CIO Matt Hougan believes Hyperliquid (HYPE) targets a $600 trillion global asset market, far beyond the $3 trillion crypto sector. The BHYP ETF, launched in May, has attracted nearly $60 million, marking one of the most successful crypto ETF ...
Hyperliquid (HYPE) surged past $67, reaching new all-time highs as strong buyer demand absorbed supply despite profit-taking by early investors. One major holder realized about $95 million in gains but still controls significant tokens, limiting supp...
Bitwise CIO Matt Hougan praised Hyperliquid's spot ETF (BHYP), which raised nearly $60 million since its NYSE debut, calling it the strongest single-asset crypto ETP launch since Bitcoin. He described Hyperliquid's HYPE token as a 'Gen 2' token due t...
Hyperliquid (HYPE) reached a new all-time high of $67.5, briefly overtaking Dogecoin to become the ninth-largest cryptocurrency by market cap. The surge was driven by media attention, strong ETF inflows, and optimism following the US Commodity Future...
