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Hyperliquid hits record $67.5, briefly surpassing Dogecoin as 9th largest crypto amid US DeFi futures progress.

Market News
30 May 2026
AMBCrypto
View Source
Bullish
pluang ai news

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 Futures Trading Commission's approval of Bitcoin perpetual futures on centralized exchanges. Hyperliquid sees this regulatory move as a positive step toward enabling decentralized finance (DeFi) perpetual contracts in the US, which aligns with its core business. If support holds above $60, HYPE could target $70 and $80 next.

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