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Hyperliquid's HYPE token could soar to $319 by 2028, offering 5x upside potential, says Multicoin Capital.

Analyst Insights
26 Jun 2026
AMBCrypto
View Source
Bullish
pluang ai news

Multicoin Capital forecasts that Hyperliquid's HYPE token could reach $319 by 2028, implying over five times its current value of around $63. This projection is based on expected revenue growth, with Hyperliquid expanding beyond crypto perpetuals into real-world tokenization and other trading markets. The decentralized exchange has seen rapid user growth and trading volume increases, capturing significant market share from centralized exchanges like Binance. Despite risks such as U.S. regulation and competition, Multicoin believes these can be managed, with a bear case price of $109 and a bullish target of $689.

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