Daily trading volume and fees for Hyperliquid surge to new records, sparking speculation about the cryptocurrency's potential for further price appreciation.
In the world of cryptocurrencies, Hyperliquid's native token, HYPE, is generating buzz as it appears to be gearing up for another rally. However, with some mixed short-term signals, caution is advised.
Bullish Trends Supporting HYPE
Despite the mixed signals, there are several key points that suggest a potential rally for HYPE. Firstly, the token's strong volume and adoption are noteworthy. In 2025, Hyperliquid’s perpetual trading volume surged to an all-time high of $319 billion, indicating a growing interest from traders and a solid foundation for HYPE[1].
Moreover, institutional optimism towards HYPE is on the rise. Arthur Hayes, co-founder of BitMEX, predicts a 126x increase in HYPE’s price by 2028. This bullish forecast, shared during his WebX 2025 panel remarks, contributed to a recent ~4% price rise near $45.64. Hayes attributes this growth to stablecoin-driven fee growth and Hyperliquid’s market dominance in decentralized perpetual futures[2].
From a technical perspective, HYPE has formed a descending triangle pattern above key support near $41. This pattern suggests that sellers may be losing momentum, and a potential bullish reversal could occur if the token breaks out above the $48–$52 resistance zone[3][4].
Cautionary Notes
Despite these bullish indicators, there are also signs of near-term volatility and mixed momentum signals. Some forecasts predict a short-term pullback to around $36.30 within days[4][5]. Additionally, while RSI and MACD indicators offer neutral to mildly bullish readings, volume and market flow are not yet decisively bullish[4][5].
It's important to note that HYPE’s price remains about 7% below its $50 all-time high, and its predicted rally depends heavily on continued volume, market sentiment, and overall crypto market conditions[2][3].
Institutional-Grade Security for HYPE
In a move to further bolster HYPE's potential, Anchorage Digital Bank has announced it will provide custody for Hyperliquid's native HYPE token. This announcement offers institutional-grade security on HyperEVM, potentially attracting more institutional investors[6].
Support Levels for HYPE
Currently, support for HYPE is located at $45, with a stronger demand area at $42. If the token experiences a pullback, these levels could provide a floor for potential recovery[7].
In conclusion, technical and fundamental trends suggest HYPE is poised for an upward move possibly toward $50 and beyond, supported by growing institutional interest and rising volume. However, some near-term volatility is likely, and confirmation of a breakout above resistance levels is needed to affirm an imminent sustained rally[1][2][3][4].
[1] Hyperliquid's perpetual trading volume surged to an all-time high of $319 billion in 2025. [2] Arthur Hayes, co-founder of BitMEX, predicts a 126x increase in HYPE’s price by 2028. [3] HYPE has formed a descending triangle pattern above key support near $41. [4] RSI technical indicators hint at a potential bullish reversal for HYPE. [5] Some forecasts point to a short-term pullback to around $36.30 within days. [6] Anchorage Digital Bank will provide custody for Hyperliquid's native HYPE token. [7] Support for HYPE is located at $45, with a stronger demand area at $42.
- Despite mixed short-term signals, the strong volume and adoption of Hyperliquid's native token, HYPE, indicate a growing interest from traders, with its perpetual trading volume surging to an all-time high of $319 billion in 2025.
- Institutional optimism towards HYPE is rising, as Arthur Hayes, co-founder of BitMEX, predicts a 126x increase in HYPE’s price by 2028, attributing this growth to stablecoin-driven fee growth and Hyperliquid’s market dominance in decentralized perpetual futures.
- From a technical perspective, HYPE has formed a descending triangle pattern above key support near $41, with potential for a bullish reversal if the token breaks out above the $48–$52 resistance zone.
- Anchorage Digital Bank's announcement to provide custody for Hyperliquid's native HYPE token offers institutional-grade security on HyperEVM, potentially attracting more institutional investors to HYPE, further supporting its growth in the crypto technology landscape.
