Hyperliquid has been the rage of the crypto market with not one but multiple accolades to its name. In a recent feat, HYPE hit a record-breaking $8.9 billion in open interest, signaling rising momentum in DeFi. The TVL of USD coins on the network jumped to a record high of $3.2 billion, meaning Hyperliquid now holds over 5% of all USDC coins in circulation.
That’s not all, its 24-hour network fee has surged to $5.4 million, signaling growing usage and investor engagement. Curious about this daily gainer’s next big move? This Hype price analysis underlines entry and exit zones for you.
The HYPE price today is at $31.222, with a remarkable intraday gain of 15.20%, which has made it the top gainer of the day. It enjoys a 23.17% weekly gain and is up an astonishing 220% since its April low. Since the value is well above its 9-period SMA and 50-period MA, the 4-hour chart reveals a bullish breakout.
Successively, it can be justified by the growing trading volume, which has also shot up by 136.06% to $332.35 million. Hype is now nearing its key resistance zone at $32.5. If bulls manage to push past this ceiling, a new ATH at $35.23 could be achieved by the weekend. On the downside, liquidations near the fresh high could drag the price down to its support between $23-$24.
Read our Hyperliquid (HYPE) Price Prediction 2025, 2026-2030 to learn where it is heading next!
Yes, considering the bullish structure and strong fundamentals, HYPE appears to be in an uptrend. However, do consider the short-term volatility before the purchase.
The price of 1 HYPE token at the time of publication is $31.222, with a daily gain of 15.20%.
While possible, strong support at $23–$24 and growing ecosystem metrics make a steep drop less likely unless there’s a market-wide correction.
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