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Hyperliquid's HYPE token could hit $319 by 2028 as it expands beyond crypto trading.

Analyst Insights
25 Jun 2026
Crypto Briefing
View Source
Bullish
pluang ai news

Multicoin Capital forecasts Hyperliquid's HYPE token to reach $319 by 2028, driven by the platform's growth as a decentralized exchange expanding into traditional asset markets. Hyperliquid's revenue and user base surged in 2025, capturing significant market share from centralized exchanges like Binance. The platform's upgrade HIP-3 enables trading in stocks, commodities, and indexes, broadening its market potential. With nearly all protocol revenue used to buy back HYPE tokens, Multicoin expects strong value growth despite risks like regulation and competition.

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