Hyperliquid (HYPE) Rally: Expert Suggests Continued Growth, $35 Target Looms
Hyperliquid (HYPE) has emerged as one of the few large‑cap cryptocurrencies showing sustained strength across multiple time frames, even as the broader digital asset market remains under pressure. While Bitcoin (BTC), Ethereum (ETH), and most major tokens have struggled amid a market‑wide pullback, Hyperliquid has continued to post notable gains, setting it apart during what many consider the early stages of a bear market. What’s Driving Hyperliquid Higher Market data from CoinGecko shows that HYPE surged roughly 31% over the past week, pushing the token toward the $34 level earlier in....
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Cantor Fitzgerald, one of the world’s leading asset management firms, has released an in-depth report highlighting the promising future of the decentralized exchange (DEX) Hyperliquid (HYPE). The 62-page analysis predicts significant growth for both the platform and its native token over the next decade, painting a bullish outlook for investors. Hyperliquid As ‘The Exchange Of All Exchanges’ As detailed in the report, Hyperliquid operates as a decentralized exchange specializing in trading perpetual futures and is built on a custom layer-1 blockchain. Currently, HYPE has a fully diluted....
On Wednesday, 21Shares, the world’s largest issuer of cryptocurrency exchange-traded products (ETPs), submitted a regulatory filing with the US Securities and Exchange Commission (SEC), seeking approval to launch a passive Hyperliquid ETF designed to track the price of the HYPE token. 21Shares’ Passive Hyperliquid ETF Passive exchange-traded funds, like the one proposed by 21Shares, are […]
Cryptocurrency trading platform Robinhood (HOOD), has recently announced the listing of HYPE, the native token of the decentralized exchange (DEX) Hyperliquid, sparking a new rally for the altcoin, which surged beyond $40 on Thursday, marking an intraday recovery of 13%. $1 Billion For HYPE Token Buyback HYPE, with a market capitalization nearing $11 billion, has emerged as one of the market’s top performers, skyrocketing by 1,000% from its launch price of $10 in December 2024. This growth has been accompanied by an 18% increase in trading volume over the last 24 hours, according to....
According to a press release, Tony G Holdings, a company trading under the TONY ticker on the CSE, joined the DeFi space with a massive acquisition. Per the document, the publicly traded company purchased 10,000 HYPE the native token of the decentralized exchange Hyperliquid. Related Reading: Bank of America to Consider Stablecoins After Crucial Crypto […]
On Wednesday, MetaMask, the leading cryptocurrency wallet developed by ConsenSys, announced significant new features. The wallet will now support Perpetual Futures (Perps) through its integration with Hyperliquid (HYPE). A new MetaMask Rewards program is also expected to launch by the end of October. According to Wednesday’s press release, MetaMask will also become the first wallet […]