Why Is Hyperliquid (HYPE) Cost Up 10% Today?
Hyperliquid cost has actually gained 9.82%, reaching $36.23, following Binance.US’s announcement of an upcoming spot listing. The post Why Is Hyperliquid (HYPE) Price Up 10% Today? appeared initially on Coinspeaker.
Key Notes
As the more comprehensive crypto market consolidates, Hyperliquid buzz $36.14 24h volatility: 7.4% Market cap: $12.07 B Vol. 24h: $282.54 M cost has actually increased by 9.82% today, moving all the way to $36.23, with everyday trading volumes surging 76% to $319 million. Current buzz whale activity, Binance.US listing, and revenue development have together added to this rally.
Hyperliquid Price Shoots amidst Binance.US Listing, Revenue Growth
Binance listings traditionally have a positive impact on costs. Now, Binance.US has officially exposed plans to list Hyperliquid (BUZZ) on its platform. The statement, shared on the X platform, teased the launch of spot trading for the HYPE token, causing a strong advantage in Hyperliquid cost. This advancement marks another step forward for Hyperliquid as it continues to acquire traction in the decentralized finance (DeFi) area.
The $HYPE is genuine. Area trading for @HyperliquidX is coming soon to https://t.co/AZwoBOh0gq. Follow us to get notified when our new listing goes live.
Decentralized exchange Hyperliquid has acquired huge appreciation for swiftly managing billion-dollar Bitcoin BTC $105 243 24h volatility: 0.2% Market cap: $2.09 T Vol. 24h: $27.61 B bets from crypto trader James Wynn in recent weeks. As a result, the DEX income jumped substantially, going beyond leading market gamers like Ethereum ETH $2 612 24h volatility: 4.2% Market cap: $315.39 B Vol. 24h: $18.09 B, Solana SOL $160.0 24h volatility: 2.7% Market cap: $83.57 B Vol. 24h: $3.80 B, and so on.
Hyperliquid has actually set a brand-new milestone by attaining its highest-ever month-to-month trading volume in May 2025. The decentralized continuous exchange strengthened its market supremacy, capturing a remarkable 74.97% of the total volume throughout all decentralized continuous platforms. This highlights Hyperliquid’s growing influence in the DeFi sector.
Hyperliquid controlled the Perp DEX space in Might, hitting a monthly all-time high and recording 74.97% of the total volume.
Buzz Whale Activity rising Area
On Chain reported that 3 hours earlier, a crypto whale executed a significant buy of 110,824 $buzz tokens for $3.99 million at a typical rate of $36. The purchase was followed by a leveraged long position with 4x leverage, indicating strong self-confidence in the token’s efficiency. The whale, understood for previous activity on Hyperliquid, has collected $361,000 in all-time earnings on the platform. The CoinGlass information reveals that the Buzz futures open interest is up 13% to more than $1.41 billion, with 24-hour short liquidations hitting $1.1 million. If the everyday trading volume continues to support, Hyperliquid rate could quickly shoots past its all-time high of $40, and get in a cost discovery zone.
Can HYPE Price Rally to $105?
Popular expert daz.hl shared his analysis highlighting the financial metrics for Hyperliquid. With an overall market cap of $12 billion, 7.1% of which is held by the Property Fund (AF) and excluded from circulation, Hyperliquid’s adjusted market cap stands at $11 billion. Because the intro of a brand-new fee structure last month, the platform has actually consistently created $2.4 million in daily revenue, relating to around $900 million in annualized revenue.
This positions HYPE at a price-to-earnings (P/E) ratio of 12, which is substantially lower than the S&P 500’s current typical P/E of 28 and the tech sector’s average of 35. By these requirements, experts estimate buzz fair worth to range in between $84 and $105, substantially above its present trading price, noted the analyst.
Disclaimer: Coinspeaker is committed to offering transparent and objective reporting. This article aims to provide precise and timely information but should not be taken as financial or financial investment advice. Since market conditions can change quickly, we motivate you to confirm information on your own and consult with a professional before making any decisions based on this content. Bhushan is a FinTech enthusiast and holds an excellent style in understanding financial markets. His interest in economics and finance draw his attention towards the brand-new emerging Blockchain Innovation and Cryptocurrency markets. He is continuously in a learning procedure and keeps himself encouraged by sharing his acquired knowledge. In spare time he reads thriller fictions books and often explores his culinary skills. Bhushan Akolkar on X.