Hyperliquid has been on a strong run lately. It is currently trading at $42.18, up 6.5% in the last 24 hours. It is up 23% this week, 68% over the past month, and an impressive 1200% in the last six months.
Its technical indicators show a neutral sentiment with a slightly bullish tilt. Momentum indicators like MACD and Momentum show upward strength, while most moving averages are strongly bullish. Overall, the trend looks positive but cautious.
$HYPE’s Explosive Growth
Hyperliquid has pulled in $64.8 million in revenue over the past 30 days, outpacing major players like Ethereum and Tron. What truly sets it apart is that 97% of its revenue goes into buying back $HYPE tokens, directly rewarding holders. But despite its strong fundamentals, there could be a possible short-term pullback around $36 or even $30.
After $HYPE’s recent move to $44, the unstaking on Hyperliquid remained low. MetamateDaz noted that the holders stayed calm and confident, which is rare during a price jump. Analysts note that $HYPE is showing signs of a short-term pullback, and the dip could be a healthy reset after the recent run. With strong fundamentals, even if $HYPE cools off, a quick recovery is likely.
despite the recent move to $44 on $HYPE
— daz.hl (@MetamateDaz) June 12, 2025
The unstaking queue on Hyperliqud remains relatively quiet
low convictions holders are running out of tokens 🫡 pic.twitter.com/BFXLRi9Fi3
Experts predict $HYPE could break past its previous high of $43.86 and hit $90.72 by year-end. This is due to the rising platform usage, smart mobile app upgrades, and Hyperliquid’s dominant 70% share in the global DEX derivatives market.
Hyperliquid Is Becoming a Major Player
Hyperliquid recorded $11B daily volume in late May and recently hit $10.1B open interest. It is now the 5th biggest in derivatives trading and could soon rival top exchanges.
Binance recently mentioned Hyperliquid’s performance, which fueled listing rumors. This boosted $HYPE’s trading volume by 20%. With growing interest and a fast, low-cost ecosystem, $HYPE is quickly gaining traction.
Long-Term Price Predictions
$HYPE may dip to around $32 this month, but the upside remains strong. CoinCodex predicts a rise up to $103 by 2026, with big gains likely by March. CoinDCX is even more bullish, expecting $43–$45 this week and a rise to $85 in 2025, possibly hitting $125 by 2026. Despite short-term dips, the long-term trend looks strong.
coinpedia.org