A new altcoin rally may be starting, driven by Hyperliquid (HYPE), a decentralized trading platform hitting new highs. Analyst Michael van de Poppe highlights HYPE as a key market momentum indicator and expects it to exceed $100 due to its unique access for European traders. He also sees strong growth potential in altcoins like NEAR Protocol, Bittensor, and Sui, with price targets significantly higher. Meanwhile, he advises caution on overvalued AI IPOs and favors holding Solana for long-term gains. Macro factors could boost Bitcoin and Ethereum soon, especially if a Middle East peace deal lowers oil prices and bond yields, potentially sparking a summer altcoin rally.
On May 28, major cryptocurrencies Bitcoin (BTC) and USD Coin (USDC) experienced significant net outflows of approximately $200 million and $184 million respectively, signaling a risk-off sentiment in the crypto market. Ethereum (ETH) also saw a net o...
Grayscale Research highlights Hyperliquid as a promising decentralized finance (DeFi) platform poised to scale into a major on-chain financial services provider. The report emphasizes Hyperliquid's perpetual futures exchange, custom blockchain, and H...
Bitwise Asset Management launched the HYPE ETF on the NYSE on May 15, 2026, attracting $25.5 million in net inflows within two days, including $8.8 million from its own BHYP fund. The ETF features a 0.34% sponsor fee waived for the first $500 million...
Hyperliquid's spot U.S. ETFs now represent 1.04% of its $15.63 billion market cap, surpassing Bitcoin and Ethereum ETF penetration. Bitwise made a record $19 million single-day purchase, accounting for over 93% of that day's ETF buys, highlighting st...
The newly launched U.S Spot Hyperliquid (HYPE) ETF has recorded the strongest debut among spot crypto ETFs, attracting $95 million in net inflows within ten days, representing 1.04% of its market cap. This demand nearly doubles that of the spot BTC E...
