Hyperliquid (HYPE) In The Spotlight: Grayscale’s Latest Report Says What Come...
On Tuesday, the Hyperliquid token (HYPE) surged to a new all-time high of $65, briefly propelling the cryptocurrency into the top ten by market capitalization and drawing fresh attention to the platform’s underlying momentum. Grayscale Research released a new report 24 hours later on Wednesday, breaking down why Hyperliquid has worked so well so far, what has helped it expand beyond crypto trading, and what investors may look for next. Hyperliquid Beyond Crypto Perps In its report, Grayscale said Hyperliquid’s scale and growth can now be compared with the largest crypto derivatives....
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Michael Nadeau, founder of The DeFi Report, says he remains bullish on Hyperliquid over the long run, but argues the latest move in HYPE looks mistimed. In a post on X, he said the market is leaning too hard into the bullish narrative just as on-chain activity and positioning data begin to soften. Nadeau’s central point is not that Hyperliquid is broken. It is that the recent strength in HYPE may have outrun what the underlying data currently supports. “I’m a fan of both @Globalflows and HYPE, but think he’s early here,” Nadeau wrote. He added that HYPE had “been strong in the bear market....
On Thursday, the Hyperliquid Research Collective (HRC) released the first-quarter (Q1) blockchain report on Hyperliquid (HYPE). The report highlights strong progress in several core areas, as well as weaker performance in others. The document also points to a broader narrative for the platform, arguing that Q1 brought Hyperliquid closer to its “House of All Finance” vision—even as wider market conditions made the quarter tough by historical standards. Hyperliquid Records 70% Outperformance Vs Bitcoin According to the report, Hyperliquid generated $215 million in gross revenue during Q1.....
Hyperliquid (HYPE) has notched a fresh all-time high as activity across parts of the broader crypto market appears to be consolidating rather than accelerating. While many competitors have stayed relatively range-bound, HYPE has pushed higher and is now inching toward Dogecoin (DOGE), the tenth-largest cryptocurrency by market cap. At the moment, DOGE still holds a sizable lead—about a $2 billion gap—though Hyperliquid’s latest move has put it back in the spotlight. HYPE Hits A New Peak At the time of writing, HYPE was trading around $61.94. During the day, it briefly surged to $62.80,....
According to the latest report, Bitwise has taken a step closer toward the launch of its proposed spot Hyperliquid (HYPE) exchange-traded fund (ETF) after filing a second amendment with the United States Securities and Exchange Commission. Bitwise Updates List Of Countertrading Parties In Hyperliquid ETF Filing On Friday, April 10th, Bitwise submitted its second amendment […]
Bullish sentiment towards Hyperliquid is again on the rise, with crypto whales accumulating the perp DEX token. The first HYPE ETF in the U.S. could launch soon, which is also contributing to this bullish sentiment. Why Bullish Sentiment Towards Hyperliquid Is On The Rise Crypto whales are again massively accumulating Hyperliquid, which has sparked the bullish sentiment towards the perp DEX token. In an X post, on-chain analytics platform Lookonchain revealed that BitMEX co-founder Arthur Hayes bought 26,022 HYPE, worth $1.1 million again, after nearly 3 months. Related Reading: Here’s....