With New ATH at $46.74, Will HYPE Soar to $100 by 2025?
The post With New ATH at $46.74, Will HYPE Soar to $100 by 2025? appeared on BitcoinEthereumNews.com. HYPE price surged to a new all-time high, thus potentially entering its parabolic phase of the 2025 bull rally. The Hyperliquid platform has grown to a vital DEX focused on perpetual futures trading with over $10 billion in Open Interest. The majority of Polymarket traders doubt whether HYPE could reach $100 by the end of 2025. Hyperliquid (HYPE) surged to a new all-time high (ATH) of $46.74 in the past 24 hours, entering its price discovery phase during the ongoing 2025 crypto bull market The large-cap altcoin, with a fully diluted valuation of about $46.7 billion, surged 2.2% in value, following Bitcoin’s breakout to $118K. Following the update, the Polymarket shows a 19% chance that HYPE will hit $100 by the end of 2025. However, while the odds for HYPE to hit $100K remains modest, a majority of bets show investors rooting for the price to hit $50 in 2025, with an imminent listing on Coinbase Global Inc. (NASDAQ: COIN). Furthermore, the DEX, which focuses on perpetual futures trading, has pushed HYPE to the 12th largest digital asset by market cap in less than a year. Hyperliquid Records Robust Fundamentals According to on-chain data, the HYPE token has attracted more attention from both retail and whale investors in the recent past. For instance, a newly created address withdrew 118,856 HYPE at an average price of $46.27 per token over the past 24 hours, while the Assistance Fund, Hyperliquid’s treasury fund, purchased around 81,060 HYPE tokens from the secondary market in the last 24 hours. As a result, the Hyperliquid’s Assistance Fund currently holds 26,097,438.13 HYPE tokens, worth around $1.205 billion. Trading activity on the Hyperliquid platform remains strong. According to Defillama data, the platform recorded about $470 million in traded volume during the past 24 hours, placing it in the…
The post With New ATH at $46.74, Will HYPE Soar to $100 by 2025? appeared on BitcoinEthereumNews.com.
HYPE price surged to a new all-time high, thus potentially entering its parabolic phase of the 2025 bull rally. The Hyperliquid platform has grown to a vital DEX focused on perpetual futures trading with over $10 billion in Open Interest. The majority of Polymarket traders doubt whether HYPE could reach $100 by the end of 2025. Hyperliquid (HYPE) surged to a new all-time high (ATH) of $46.74 in the past 24 hours, entering its price discovery phase during the ongoing 2025 crypto bull market The large-cap altcoin, with a fully diluted valuation of about $46.7 billion, surged 2.2% in value, following Bitcoin’s breakout to $118K. Following the update, the Polymarket shows a 19% chance that HYPE will hit $100 by the end of 2025. However, while the odds for HYPE to hit $100K remains modest, a majority of bets show investors rooting for the price to hit $50 in 2025, with an imminent listing on Coinbase Global Inc. (NASDAQ: COIN). Furthermore, the DEX, which focuses on perpetual futures trading, has pushed HYPE to the 12th largest digital asset by market cap in less than a year. Hyperliquid Records Robust Fundamentals According to on-chain data, the HYPE token has attracted more attention from both retail and whale investors in the recent past. For instance, a newly created address withdrew 118,856 HYPE at an average price of $46.27 per token over the past 24 hours, while the Assistance Fund, Hyperliquid’s treasury fund, purchased around 81,060 HYPE tokens from the secondary market in the last 24 hours. As a result, the Hyperliquid’s Assistance Fund currently holds 26,097,438.13 HYPE tokens, worth around $1.205 billion. Trading activity on the Hyperliquid platform remains strong. According to Defillama data, the platform recorded about $470 million in traded volume during the past 24 hours, placing it in the…
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