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HYPE token jumps 7% as new CFTC-regulated futures launch and SpaceX IPO speculation heats up

Technical Signals
13 Jun 2026
Blockonomi
View Source
Bullish
pluang ai news

The HYPE token surged over 7% to the $60–$61 range following the launch of CFTC-regulated perpetual futures by Kalshi, enabling U.S. retail investors to trade it legally. Interest in HYPE futures rose sharply to $2.56 billion, surpassing XRP's open interest, driven by speculative demand linked to SpaceX's upcoming IPO. Technical analysis suggests potential further gains toward $77.8. Market attention on HYPE is increasing due to its new trading options and the hype around SpaceX's public offering, though some caution remains about insider selling post-IPO.

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