- Hyperliquid value is at $37 after hitting an all-time excessive above $39.
- The HYPE token is up amid large shopping for stress.
- Key on-chain metrics suggests the decentralized perpetual buying and selling platform might explode to focus on $100.
Hyperliquid (HYPE) value reached its all-time excessive above $39 on Might 26, breezing to the height amid large shopping for stress.
HYPE has outpaced Solana and Cardano in current efficiency.
Per market knowledge, the decentralized perpetual buying and selling platform recorded every day buying and selling quantity exceeding $426 million as HYPE reached a brand new all-time excessive.
This marked a big enhance from the $292 million logged the day before today when the token was buying and selling round $34.
The layer 1 blockchain additionally managed different milestones throughout its ecosystem, with the worth surge serving to the full worth locked soar to a brand new excessive.
Open curiosity additionally rose as HYPE’s uptrend continued to draw consideration, whereas different on-chain metrics similar to stablecoin market cap pumped to a document excessive.
Hyperliquid and key community development
As famous above, on-chain metrics for Hyperliquid are pointing to potential upward continuation amid broader market strikes.
Per Coinglass knowledge, the open curiosity within the HYPE token has jumped to $1.41 billion.
OI hovered round $900 million final week. This represents an all-time excessive for OI within the token that traded to lows of $3.20 in late November 2024 and is up a powerful $1,061% since then.
The rebound because the altcoin reached its ATH was even greater.
This positions HYPE for a possible breakout, as worry of lacking out on one of many cycle’s top-performing altcoins attracts in new patrons.
Whales have not too long ago proven confidence within the long-term value of HYPE, and DeFiLlama exhibits the Hyperliquid 1 TVL has topped $1.75 billion.
The platform has seen every day income hit $1.87 million, whereas DEX and perps 24-hour counts stand at $509 million and $6.9 billion, respectively.
In the meantime, the stablecoin market cap throughout the platform has grown to over $3.62 billion.
Hyperliquid is completely killing it:
– TVL is up 110% previously month
– it is the 4th largest L1 by mindshare
– it simply hit a brand new ATH in open curiosityThink about the scent if the staff additionally confirms a 2nd $HYPE airdrop. pic.twitter.com/CTRvleiKbC
— The DeFi Investor 🔎 (@TheDeFinvestor) Might 27, 2025
HYPE value prediction
Whereas Hyperliquid’s token has traded to lows of $36.14, as the world round $38 seems to supply bears a bonus, analysts are bullish about HYPE.
The surge to a brand new ATH has moved HYPE off the lows seen amid unfavorable sentiment earlier within the yr.
If bulls break above $40, might one other leg up carry the much-desired $100 mark into view?
A rally for HYPE amid value discovery might see bulls goal the psychological mark, on this case, catalysts together with altcoins breakout and elementary curiosity within the DEX and perps platform.
On the draw back, key help ranges may very well be round $32 and $26.