Hyperliquid's native token HYPE reached a record price of $74.19 in Q1 2026, becoming the ninth-largest cryptocurrency by market cap at around $18 billion. The protocol spent $192.25 million on buybacks funded by trading fees, boosting demand amid broader crypto market weakness. Institutional interest grew with $122 million in assets flowing into U.S. spot HYPE ETFs, while expanded trading in commodities, stock perpetuals, and pre-IPO markets further increased platform activity. This diversification and continuous trading helped HYPE outperform major cryptocurrencies like Bitcoin and Ethereum despite economic uncertainties.
Bitcoin dropped over 3.8% to below $70,000, hitting multi-week lows after MicroStrategy sold 32 BTC worth $2.5 million to pay preferred stock dividends, marking its first public bitcoin sale since 2020. This sale, though small relative to MicroStrate...
Grayscale is set to launch its Hyperliquid ETF under the ticker HYPG, with a competitive 0.29% management fee, lower than rivals 21Shares and Bitwise. The ETF will focus on the HYPE token, which recently hit an all-time high price of $75.30 and a $16...
In 2026, Hyperliquid and Zcash represent two distinct crypto trends: transparent, fast trading versus private transactions. Hyperliquid hit a record $73.73 with a 70% monthly gain, driven by its transparent, high-speed decentralized trading platform ...
Crypto investment products experienced $1.67 billion in outflows last week, marking the second-largest weekly withdrawal of 2026, driven mainly by U.S. investors amid rising geopolitical tensions involving Iran and Israel. Bitcoin funds faced the lar...
Crypto markets opened June with declines as US-Iran tensions weighed on sentiment, pushing bitcoin and ether down about 1%. Despite $2.97 billion outflows from spot bitcoin ETFs, derivatives data suggest stable institutional risk appetite. Stellar's ...
