Hyperliquid's native token HYPE has surged nearly 70% this year, driven by strong demand for tokenized real-world assets and synthetic pre-IPO trading products like SPCX-USDC, a synthetic SpaceX contract. This growth contrasts with declines in major cryptocurrencies such as Bitcoin, Ethereum, and XRP, which have been pressured by ETF outflows and liquidations. Hyperliquid's trading volume and open interest in real-world assets have reached all-time highs, reflecting growing investor interest in decentralized access to these assets. The token faces key technical resistance levels ahead, with market watchers awaiting Federal Reserve and ETF developments for future direction.
Two large investors (whales) bought 205,691 Hyperliquid (HYPE) tokens worth $9.57 million after the price dropped to $40. Their buying pushed the price up to $46, signaling strong demand and bullish momentum. However, some whales also took profits, i...
Hyperliquid's price recovered above $45 after bouncing from a $38 support level, regaining a bullish chart pattern despite recent volatility caused by regulatory concerns from CME Group and ICE. Institutional interest grew as Bitwise and 21Shares lau...
Despite a broader crypto market sell-off dragging Bitcoin below $77,000, Hyperliquid's HYPE token surged over 5%, briefly surpassing its previous peak of $47. This rebound followed a sharp drop caused by lobbying efforts from rivals CME and ICE to re...
Trade.xyz launched the first SpaceX pre-IPO perpetual futures contract on Hyperliquid, starting with a $1.78 trillion valuation and spiking to over $2.5 trillion within hours. This contract allows crypto traders to speculate on SpaceX's IPO price, wh...
Hyperliquid (HYPE) surged 11.07% to $46.06, boosting its market cap to $10.93 billion, driven by growing interest in decentralized finance (DeFi) projects. Other notable gainers include Venice Token, Zcash, Provenance Blockchain, and Toncoin, reflect...
