Hyperliquid's native token HYPE has lost about 24% in the last 30 days, mainly due to persistent selling by institutional investors like Multicoin Capital and Bitwise, who have transferred large amounts of HYPE to exchanges. This selling pressure has created an oversupply, making it difficult for buyers to sustain rallies. Technically, HYPE has fallen below key moving averages and is approaching oversold conditions, with the next support near $50. The price may stabilize if selling eases, but strong resistance remains until institutional outflows slow or buyers absorb the excess supply.
Grayscale Investments highlights that the HYPE token, linked to the Hyperliquid protocol, still appears attractively priced relative to publicly traded fintech companies despite significant price gains earlier this year. The token's value is assessed...
Hyperliquid's HYPE token fell below $55 amid heavy institutional selling, but Grayscale values it as undervalued based on earnings per token metrics. Grayscale projects HYPE could generate $1 billion in revenue by 2027, implying a fair value of $3.25...
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Hyperliquid is trialing a KYC feature with an allowlist that restricts trading to approved addresses, signaling a move toward regulated trading access in the U.S. This mirrors Uniswap's recent introduction of permissioned pools for regulated tokens. ...
Hyperliquid's Spot ETF (HYPE) is attracting more inflows relative to its market cap than Bitcoin, Ethereum, Solana, and XRP ETFs, signaling strong investor interest in smaller cryptocurrencies. Despite a recent price dip to $54.74, HYPE's price has r...
