The HYPE price is approaching a critical moment in the next quarter with the start of monthly token unlocks that could create significant selling pressure.
Beginning November 29, Hyperliquid crypto will release millions worth of tokens, and the entire vesting schedule will distribute $11.9 billion worth of tokens. To this analyst sees as a significant looming selling pressure that will be testing both investor sentiment and market resilience. This phase may determine whether bullish momentum can withstand the looming supply shock.
At the time of writing, HYPE price today trades at $48.74, recovering from an intraday dip to $46.5 and staying above the 50-day EMA.
The Hyperliquid price chart recently showed an ascending triangle breakout that pushed HYPE price USD to a fresh all-time high of $59.29. However, profit-taking quickly set in, pulling the token back before bulls managed to stabilize price action.
Despite short-term volatility, traders are closely watching whether Hyperliquid crypto can reclaim the $60 zone and extend toward $80 by year-end. Yet, the challenge of absorbing massive token unlocks now overshadows bullish sentiment.
Starting November 29, the vesting schedule for Hyperliquid begins, distributing roughly $11.9 billion worth of HYPE tokens over 24 months.
Each month, $500 million worth of tokens will be released, creating what some see as the first true test of Hyperliquid’s tokenomics.
Current buybacks would absorb only about 17% of that monthly supply, leaving nearly $410 million in potential overhang.
While partnerships with entities like Sonnet BioTherapeutics and Rorschach, which together manage over $583 million in HYPE tokens and $305 million in cash, are going to help establish token treasuries, these efforts remain limited compared to the scale of upcoming unlocks, per Maelstrom data.
The short-term outlook remains mixed. If bullish traders can maintain momentum, HYPE price prediction models point toward a push to $60 and potentially $80 by the end of 2025. This aligns with earlier projections that Hyperliquid crypto could sustain exponential growth in the right conditions.
On the downside, immediate support levels sit at $42 and $39. A breakdown below these areas could signal deeper corrections and shift the tone of the HYPE price forecast.
Therefore, the looming supply shock tempers enthusiasm, making the next few months crucial for establishing a sustainable market structure.
That said, HYPE price stands at a crossroads, which is at the moment balancing bullish momentum and long-term growth prospects against heavy short-term supply risks that will test both conviction and liquidity.
Starting November 29, Hyperliquid will release $500 million worth of HYPE tokens monthly, a major supply increase that could create significant selling pressure.
The price faces pressure from profit-taking after a recent all-time high and investor concern over upcoming massive token unlocks that may flood the market.
If bullish momentum holds, some predictions target $60 to $80 by year-end. However, this depends on absorbing the new token supply without a major sell-off.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
BNB has staged a sharp recovery after a volatile week that saw most major cryptocurrencies…
XRP price is currently down and is trading below $2.50. However, XRP faces two main…
The cryptocurrency market has been in turmoil, and XRP has not been spared. After days…
The cryptocurrency market suffered a massive wipeout, erasing nearly $800 billion in value within 24…
The Ethereum price suffered a steep decline as panic gripped global markets, pulling ETH/USD from…
The crypto market is currently in a robust recovery period as investors are shifting towards…
