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Hyperliquid (HYPE) nears $50 after 136% rally and rising TVL signals growing investor confidence.

Protocol Fundamentals
20 May 2026
AMBCrypto
View Source
Bullish
pluang ai news

Hyperliquid (HYPE) has gained 136% since January 2026, trading near the key $50 resistance level. Despite mixed whale activity, with some large holders buying and others shorting, the overall ecosystem shows strength as Total Value Locked (TVL) increased from $4.279 billion to $5.16 billion in May 2026. Rising TVL and decentralized exchange volume suggest improving liquidity and user participation, supporting bullish momentum. However, short-term correction risks remain if HYPE fails to break and hold above $50, with potential for further upside if it succeeds.

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