What’s Fueling Hyperliquid’s Surge? HYPE Outperforms Top 100 Cryptos In Lates...
Oil-linked trading on the decentralized exchange Hyperliquid (HYPE) has recently surpassed $1 billion in volume within a 24-hour period, leading to a significant 10% rally in the platform’s native token, HYPE, allowing it to outperform the top 100 cryptocurrencies by market capitalization. In fact, oil-linked trading on Hyperliquid hit over $1.2 billion, making it the second-most traded market on the platform, just behind Bitcoin (BTC). Hyperliquid’s Oil Contract Trading Soars The driving force behind the recent HYPE performance has been the CL-USDC perpetual contract, which tracks....
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Hyperliquid’s native token, HYPE, extended its rally on Thursday, jumping over 8% to trade near $58.77. The move comes after rebounding from its earlier record of $57.40 and places the token just shy of the crucial $60 psychological barrier. Related Reading: From $2 Trillion To $400T? CEO Sees Bitcoin Exploding 200x – Here’s More Driving this surge is the successful integration of USDC and Circle’s Cross-Chain Transfer Protocol (CCTP V2), now live on Hyperliquid’s Ethereum Virtual Machine (EVM). The upgrade enhances liquidity and security across HyperCore and HyperEVM applications,....
The HYPE price has rebounded sharply, recovering from recent volatility that saw a $44 million whale liquidation earlier this week, which rattled traders. After plunging to around $36, the HYPE price surged over 7% in the past 24 hours, now trading around $40 as bullish sentiment returns. Related Reading: 84% Of XRP Sell Pressure Comes From Korea As $2 Looms, Analyst Warns The rally follows its landmark listings on Binance and Coinbase, a move that has sparked renewed confidence in the fast-rising DeFi Layer 1 network. According to on-chain data from Coinglass, funding rates have flipped....
Bitget Wallet’s integration with HyperEVM, the Ethereum-compatible smart contract layer powering the Hyperliquid Layer-1 blockchain, has ignited strong momentum across the DeFi sector. Related Reading: Dogecoin Whales Quietly Accumulate Over 320 Million Coins — What’s Coming Next? The update expands Bitget’s reach to over 80 million users, granting seamless access to Hyperliquid’s deep onchain liquidity, programmable finance features, and cross-chain transfers. The move effectively transforms Bitget Wallet into a major gateway for $HYPE token utilities, staking, and governance. With....
Hyperliquid’s native token HYPE is approaching the $50 mark after a 24-hour 7.7% increase to approximately $47, driven by the launch of 4,600 Hypurr NFTs on the HyperEVM. The collection launched strongly with a floor near $68,700 and about $45 million in first-day volume. Related Reading: Bitcoin Coin Days Destroyed Drops By 50% Amid Waning […]
Hyperliquid (HYPE) is slowly approaching a decisive governance moment as analysts and market participants reassess the protocol’s long-term outlook against the backdrop of a proposed large-scale HYPE token burn. Related Reading: Here Are The Meme Coins With Over 100% Rallies While Dogecoin And Shiba Inu Struggle After months of declining prices and heightened volatility across […]